Checchi Capital Advisers LLC Reduces Stock Position in Welltower Inc. $WELL

Checchi Capital Advisers LLC reduced its holdings in Welltower Inc. (NYSE:WELL) by 2.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,742 shares of the real estate investment trust’s stock after selling 261 shares during the period. Checchi Capital Advisers LLC’s holdings in Welltower were worth $1,651,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Good Life Advisors LLC grew its stake in shares of Welltower by 1.2% in the 1st quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust’s stock worth $880,000 after buying an additional 69 shares in the last quarter. Rise Advisors LLC boosted its stake in shares of Welltower by 23.3% during the 1st 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 period. Sivia Capital Partners LLC boosted its stake in shares of Welltower by 4.3% during the 1st quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 73 shares during the period. Sound View Wealth Advisors Group LLC boosted its stake in shares of Welltower by 2.0% during the 1st 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 period. Finally, SJS Investment Consulting Inc. boosted 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 worth $155,000 after purchasing an additional 73 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Price Performance

Welltower stock opened at $175.35 on Friday. Welltower Inc. has a 1 year low of $122.34 and a 1 year high of $180.40. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The stock has a market cap of $117.28 billion, a price-to-earnings ratio of 99.07, a price-to-earnings-growth ratio of 1.97 and a beta of 0.92. The firm has a 50-day moving average of $168.05 and a two-hundred day moving average of $156.70.

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

Welltower Increases Dividend

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

Analyst Ratings Changes

A number of research firms recently commented on WELL. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Wells Fargo & Company lifted their price target on shares of Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Welltower in a research note on Saturday, September 27th. Scotiabank lifted their price target on shares of Welltower from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. Finally, Evercore ISI lifted their price target on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. One investment 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 given a Sell rating to the company. According to MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and an average target price of $180.62.

About Welltower

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.