Atria Wealth Solutions Inc. Reduces Stake in Welltower Inc. $WELL

Atria Wealth Solutions Inc. decreased its stake in shares of Welltower Inc. (NYSE:WELL) by 61.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,864 shares of the real estate investment trust’s stock after selling 9,216 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Welltower were worth $901,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of WELL. Brighton Jones LLC increased its position in Welltower by 7.1% during the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after buying an additional 279 shares in the last quarter. GAMMA Investing LLC increased its position in Welltower by 13.8% during the first quarter. GAMMA Investing LLC now owns 11,344 shares of the real estate investment trust’s stock worth $1,738,000 after buying an additional 1,380 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Welltower by 8.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 131,503 shares of the real estate investment trust’s stock worth $20,147,000 after buying an additional 10,423 shares in the last quarter. Dynamic Advisor Solutions LLC purchased a new position in Welltower during the first quarter worth $269,000. Finally, Exchange Traded Concepts LLC increased its position in Welltower by 7.4% during the first quarter. Exchange Traded Concepts LLC now owns 5,034 shares of the real estate investment trust’s stock worth $771,000 after buying an additional 347 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on WELL shares. KeyCorp raised their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Wells Fargo & Company lifted their price objective on Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Scotiabank lifted their price objective on Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Finally, National Bankshares set a $246.00 price objective on Welltower in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $185.36.

Welltower Price Performance

Shares of Welltower stock opened at $175.33 on Friday. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $180.40. The stock has a market capitalization of $117.27 billion, a P/E ratio of 99.06, a PEG ratio of 1.94 and a beta of 0.92. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44. The business’s fifty day moving average price is $168.80 and its 200 day moving average price is $158.04.

Welltower (NYSE:WELL) last issued its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The firm’s revenue for the quarter was up 39.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were paid a dividend of $0.74 per share. This is a boost from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, August 12th. Welltower’s payout ratio is presently 167.23%.

Welltower Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.