Mitsubishi UFJ Asset Management Co. Ltd. Acquires 136,044 Shares of Welltower Inc. $WELL

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Welltower Inc. (NYSE:WELL) by 9.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,655,153 shares of the real estate investment trust’s stock after purchasing an additional 136,044 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.25% of Welltower worth $254,447,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in Welltower by 3.9% during the 1st quarter. LPL Financial LLC now owns 258,052 shares of the real estate investment trust’s stock valued at $39,536,000 after acquiring an additional 9,678 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its position in shares of Welltower by 55.6% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after purchasing an additional 1,076,293 shares in the last quarter. Jump Financial LLC bought a new stake in shares of Welltower during the 1st quarter valued at $1,697,000. Western Financial Corp CA purchased a new stake in Welltower during the 2nd quarter worth about $1,795,000. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Welltower by 15.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 75,888 shares of the real estate investment trust’s stock worth $11,668,000 after purchasing an additional 10,269 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on WELL. National Bankshares set a $246.00 target price on shares of Welltower in a research note on Friday, October 17th. KeyCorp upped their price target on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Wall Street Zen lowered Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Loop Capital set a $196.00 target price on Welltower in a research report on Wednesday, October 29th. Finally, Wells Fargo & Company upped their target price on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $187.93.

Welltower Stock Up 1.5%

Shares of NYSE WELL opened at $190.53 on Friday. The firm has a fifty day simple moving average of $173.59 and a two-hundred day simple moving average of $162.01. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $190.68. The company has a current ratio of 5.47, a quick ratio of 4.19 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $130.76 billion, a PE ratio of 131.40, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The company had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the previous year, the company earned $1.11 earnings per share. Welltower’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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

Welltower 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.