Centaurus Financial Inc. Purchases New Stake in Welltower Inc. $WELL

Centaurus Financial Inc. acquired a new position in shares of Welltower Inc. (NYSE:WELL) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 16,460 shares of the real estate investment trust’s stock, valued at approximately $3,736,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Revolve Wealth Partners LLC boosted its position in shares of Welltower by 3.3% during the 2nd quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock worth $316,000 after purchasing an additional 45 shares in the last quarter. Family Wealth Partners LLC increased its holdings in shares of Welltower by 1.3% in the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust’s stock valued at $835,000 after purchasing an additional 48 shares in the last quarter. Summit Securities Group LLC lifted its stake in shares of Welltower by 42.6% in the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 49 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Welltower by 2.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock valued at $367,000 after purchasing an additional 49 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in Welltower by 0.7% during the first quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock worth $1,416,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on WELL shares. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. UBS Group boosted their price target on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Royal Bank Of Canada upped their price target on Welltower from $238.00 to $260.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Mizuho lifted their price objective on Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Finally, Cantor Fitzgerald boosted their target price on Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $246.11.

Insiders Place Their Bets

In related news, Director Andrew Gundlach purchased 5,000 shares of the company’s stock in a transaction on Tuesday, August 25th. The stock was bought at an average price of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the transaction, the director owned 25,000 shares of the company’s stock, valued at approximately $5,986,750. This represents a 25.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.37% of the company’s stock.

Welltower Stock Performance

Shares of WELL opened at $239.42 on Friday. Welltower Inc. has a 12-month low of $163.75 and a 12-month high of $255.20. The stock has a market cap of $172.56 billion, a P/E ratio of 109.82, a PEG ratio of 1.16 and a beta of 0.76. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average of $234.93 and a two-hundred day moving average of $217.45.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The business had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the prior year, the company earned $1.28 earnings per share. The firm’s revenue for the quarter was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, research analysts predict that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were issued a dividend of $0.85 per share. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. Welltower’s payout ratio is currently 155.96%.

Welltower Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.