Continuum Advisory LLC Lowers Position in Welltower Inc. $WELL

Continuum Advisory LLC lessened its stake in shares of Welltower Inc. (NYSE:WELL) by 44.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,117 shares of the real estate investment trust’s stock after selling 2,529 shares during the period. Continuum Advisory LLC’s holdings in Welltower were worth $707,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in WELL. Revolve Wealth Partners LLC increased its holdings in Welltower by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock worth $316,000 after acquiring an additional 45 shares in the last quarter. Family Wealth Partners LLC lifted its holdings in Welltower by 1.3% during the second 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 boosted its position 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 worth $37,000 after purchasing an additional 49 shares during the period. Parkside Financial Bank & Trust increased 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 worth $367,000 after purchasing an additional 49 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of Welltower by 0.7% in the first quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock worth $1,416,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on WELL shares. Wells Fargo & Company upped their target price on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Scotiabank decreased their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. KeyCorp boosted their price objective on Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, UBS Group increased their target price on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Welltower Stock Performance

Shares of NYSE WELL opened at $235.55 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The company has a market cap of $169.77 billion, a P/E ratio of 108.05, a P/E/G ratio of 1.13 and a beta of 0.76. The firm’s fifty day moving average is $229.65 and its two-hundred day moving average is $214.23. Welltower Inc. has a 52-week low of $161.26 and a 52-week high of $255.20.

Welltower (NYSE:WELL) last announced 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 return on equity of 3.56% and a net margin of 12.15%.The company had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the firm earned $1.28 EPS. 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, analysts anticipate that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 12th will be given a $0.85 dividend. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, August 12th. Welltower’s dividend payout ratio (DPR) is presently 155.96%.

Welltower Company 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.