Gallagher Fiduciary Advisors LLC purchased a new stake in Welltower Inc. (NYSE:WELL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,881 shares of the real estate investment trust’s stock, valued at approximately $881,000.
A number of other hedge funds also recently modified their holdings of WELL. Man Group plc bought a new stake in shares of Welltower during the second quarter valued at approximately $12,863,000. Jupiter Topco LLC acquired a new position in shares of Welltower in the second quarter valued at $198,455,000. Ancora Advisors LLC bought a new position in Welltower in the second quarter worth $1,590,000. Primecap Management Co. CA bought a new position in Welltower in the second quarter worth $87,499,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Welltower during the second quarter worth $528,400,000. Institutional investors own 94.80% of the company’s stock.
Analyst Ratings Changes
WELL has been the topic of several analyst reports. Barclays started coverage on shares of Welltower in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price target on the stock. KeyCorp upped their target price on shares of Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Mizuho increased their price target on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Finally, Scotiabank decreased their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $246.11.
Welltower Stock Performance
Welltower stock opened at $241.33 on Wednesday. The firm has a market capitalization of $173.94 billion, a P/E ratio of 110.70, a P/E/G ratio of 1.15 and a beta of 0.76. The stock has a fifty day moving average price of $233.57 and a two-hundred day moving average price of $216.79. Welltower Inc. has a 52-week low of $163.75 and a 52-week high of $255.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16.
Welltower (NYSE:WELL – Get Free Report) last issued its 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 net margin of 12.15% and a return on equity of 3.56%. The firm had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the prior year, the firm posted $1.28 EPS. The firm’s revenue for the quarter was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, analysts anticipate that Welltower Inc. will post 6.44 EPS for the current fiscal year.
Welltower Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were given a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. Welltower’s dividend payout ratio (DPR) is presently 155.96%.
Welltower 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.
Featured Stories
- Five stocks we like better than Welltower
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc. (NYSE:WELL – Free Report).
Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.
