PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in Welltower Inc. (NYSE:WELL – Free Report) by 7.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 106,240 shares of the real estate investment trust’s stock after buying an additional 7,221 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Welltower were worth $24,113,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the stock. Norges Bank purchased a new stake in Welltower in the 4th quarter worth $5,466,264,000. Cardano Risk Management B.V. grew its position in shares of Welltower by 955.3% during the fourth quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after purchasing an additional 8,612,016 shares in the last quarter. Capital World Investors increased its holdings in shares of Welltower by 153.0% in the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock worth $1,994,290,000 after purchasing an additional 6,497,258 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Welltower by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock worth $17,154,349,000 after buying an additional 2,643,088 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Welltower by 11.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,826,035 shares of the real estate investment trust’s stock worth $3,123,082,000 after buying an additional 1,734,922 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on WELL shares. Mizuho raised their price target on Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. UBS Group increased their target price on Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Scotiabank lowered their price objective on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Finally, Citigroup increased their price objective on shares of Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and a consensus target price of $246.11.
Welltower Trading Down 0.6%
WELL opened at $235.91 on Friday. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. The stock’s fifty day moving average is $225.82 and its two-hundred day moving average is $212.22. The company has a market capitalization of $170.03 billion, a P/E ratio of 108.21, a PEG ratio of 1.14 and a beta of 0.76. Welltower Inc. has a 52 week low of $161.26 and a 52 week high of $255.20.
Welltower (NYSE:WELL – Get Free Report) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). The company had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm’s revenue was up 39.1% compared to the same quarter last year. During the same period last year, the business posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts forecast that Welltower Inc. will post 6.43 earnings per share for the current year.
Welltower Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 12th will be paid a dividend of $0.85 per share. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date is Wednesday, August 12th. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. Welltower’s dividend payout ratio (DPR) is presently 135.78%.
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.
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