Lansforsakringar Fondforvaltning AB publ Sells 3,354 Shares of Welltower Inc. $WELL

Lansforsakringar Fondforvaltning AB publ trimmed its stake in Welltower Inc. (NYSE:WELL) by 1.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 201,503 shares of the real estate investment trust’s stock after selling 3,354 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Welltower were worth $30,872,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in WELL. Brighton Jones LLC boosted its stake in shares of Welltower by 7.1% during the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 279 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of Welltower by 6.3% during the 4th quarter. Integrated Wealth Concepts LLC now owns 6,331 shares of the real estate investment trust’s stock worth $798,000 after acquiring an additional 375 shares during the period. Schonfeld Strategic Advisors LLC boosted its stake in shares of Welltower by 355.0% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 138,133 shares of the real estate investment trust’s stock worth $17,409,000 after acquiring an additional 107,776 shares during the period. Utah Retirement Systems boosted its stake in shares of Welltower by 2.5% during the 4th quarter. Utah Retirement Systems now owns 102,203 shares of the real estate investment trust’s stock worth $12,881,000 after acquiring an additional 2,500 shares during the period. Finally, Adelante Capital Management LLC boosted its stake in Welltower by 1.8% in the 4th quarter. Adelante Capital Management LLC now owns 1,171,232 shares of the real estate investment trust’s stock valued at $147,610,000 after purchasing an additional 20,350 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Insider Transactions at Welltower

In other news, Director Andrew Gundlach bought 20,000 shares of the stock in a transaction on Monday, June 30th. The stock was acquired at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the acquisition, the director directly owned 20,000 shares in the company, valued at approximately $3,029,200. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.21% of the stock is currently owned by insiders.

Welltower Price Performance

Shares of NYSE WELL opened at $167.95 on Thursday. The stock has a market capitalization of $112.33 billion, a PE ratio of 94.89, a P/E/G ratio of 1.87 and a beta of 0.93. 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 business has a fifty day moving average price of $160.11 and a two-hundred day moving average price of $152.83. Welltower Inc. has a fifty-two week low of $119.93 and a fifty-two week high of $171.09.

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, topping analysts’ consensus estimates of $1.22 by $0.06. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.49 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. Welltower’s revenue was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, equities analysts predict that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, August 12th. This is a boost from Welltower’s previous quarterly dividend of $0.67. Welltower’s payout ratio is currently 167.23%.

Analyst Ratings Changes

WELL has been the subject of several recent research reports. Morgan Stanley boosted their price target on Welltower from $155.00 to $160.00 and gave the company an “overweight” rating in a research note on Tuesday, May 6th. Scotiabank restated an “outperform” rating on shares of Welltower in a research note on Monday, June 23rd. Wall Street Zen downgraded Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, May 8th. Wells Fargo & Company boosted their price target on Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Evercore ISI boosted their price target on Welltower from $162.00 to $175.00 and gave the company an “in-line” rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $174.10.

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.