Spirepoint Private Client LLC Invests $509,000 in Welltower Inc. $WELL

Spirepoint Private Client LLC acquired a new stake in shares of Welltower Inc. (NYSE:WELL) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 2,858 shares of the real estate investment trust’s stock, valued at approximately $509,000.

A number of other large investors also recently bought and sold shares of the business. Global Wealth Strategies & Associates purchased a new stake in Welltower during the third quarter worth $36,000. Anchor Investment Management LLC purchased a new position in shares of Welltower in the 1st quarter valued at $46,000. Newbridge Financial Services Group Inc. raised its position in shares of Welltower by 39.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 87 shares in the last quarter. Copia Wealth Management bought a new position in shares of Welltower in the 2nd quarter worth $51,000. Finally, NewSquare Capital LLC lifted its stake in shares of Welltower by 30.2% during the 2nd quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 84 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on WELL. Wall Street Zen lowered Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. Evercore ISI lifted their price objective on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. National Bankshares set a $246.00 price objective on shares of Welltower in a research note on Friday, October 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $205.00 price target on shares of Welltower in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $205.07.

Welltower Stock Performance

WELL opened at $185.61 on Wednesday. The company has a market cap of $127.39 billion, a P/E ratio of 128.01, a price-to-earnings-growth ratio of 1.28 and a beta of 0.86. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The firm’s 50-day moving average price is $192.24 and its 200-day moving average price is $175.04. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $209.05.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. Welltower’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same period last year, the business earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were issued a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s payout ratio is 204.14%.

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.