Orion Capital Management LLC Buys 72 Shares of Welltower Inc. $WELL

Orion Capital Management LLC increased its stake in Welltower Inc. (NYSE:WELL) by 5.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,362 shares of the real estate investment trust’s stock after purchasing an additional 72 shares during the quarter. Orion Capital Management LLC’s holdings in Welltower were worth $209,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cornerstone Wealth Group LLC boosted its stake in shares of Welltower by 4.7% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 66 shares during the last quarter. Rise Advisors LLC boosted its position in Welltower by 23.3% in the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 69 shares during the last quarter. Sound View Wealth Advisors Group LLC boosted its position in Welltower by 2.0% in the first quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock worth $558,000 after purchasing an additional 73 shares during the last quarter. SJS Investment Consulting Inc. grew its stake in shares of Welltower by 7.8% during the 2nd quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust’s stock valued at $155,000 after purchasing an additional 73 shares during the period. Finally, Catalyst Financial Partners LLC increased its position in shares of Welltower by 4.3% during the 1st quarter. Catalyst Financial Partners LLC now owns 1,854 shares of the real estate investment trust’s stock valued at $284,000 after purchasing an additional 77 shares during the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Up 1.1%

WELL opened at $178.04 on Friday. The stock has a market cap of $119.08 billion, a price-to-earnings ratio of 100.59, a price-to-earnings-growth ratio of 1.99 and a beta of 0.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19. The firm’s fifty day moving average is $170.05 and its 200 day moving average is $159.30. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $180.40.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.Welltower’s revenue for the quarter was up 39.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, sell-side analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

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

Analysts Set New Price Targets

WELL has been the topic of a number of research reports. Wells Fargo & Company raised their price objective on shares of Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Welltower in a research report on Friday. National Bankshares set a $246.00 price objective on shares of Welltower in a research report on Friday, October 17th. UBS Group initiated coverage on Welltower in a research note on Friday, September 19th. They issued a “buy” rating and a $195.00 price objective for the company. Finally, KeyCorp lifted their target price on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $186.43.

Welltower Company 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.