OP Asset Management Ltd Invests $23.40 Million in Welltower Inc. $WELL

OP Asset Management Ltd acquired a new stake in shares of Welltower Inc. (NYSE:WELL) during the first quarter, HoldingsChannel.com reports. The institutional investor acquired 118,356 shares of the real estate investment trust’s stock, valued at approximately $23,400,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Benchmark Investment Advisors LLC purchased a new stake in shares of Welltower during the third quarter valued at $901,000. AIA Group Ltd raised its stake in Welltower by 53.8% in the 3rd quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock worth $4,275,000 after acquiring an additional 8,400 shares during the last quarter. Van ECK Associates Corp lifted its position in Welltower by 12.7% during the 3rd quarter. Van ECK Associates Corp now owns 359,093 shares of the real estate investment trust’s stock worth $63,969,000 after acquiring an additional 40,360 shares during the period. Nordea Investment Management AB grew its stake in Welltower by 11.8% during the 4th quarter. Nordea Investment Management AB now owns 1,930,894 shares of the real estate investment trust’s stock valued at $358,915,000 after purchasing an additional 204,317 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Welltower by 30.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 195,052 shares of the real estate investment trust’s stock valued at $36,214,000 after purchasing an additional 45,214 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on WELL shares. BMO Capital Markets restated an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. Wells Fargo & Company upped their target price on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Scotiabank cut their price target on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Mizuho set a $239.00 price target on shares of Welltower in a research report on Friday, May 22nd. Finally, UBS Group lifted their price objective on shares of Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $230.25.

Welltower Stock Up 1.8%

Welltower stock opened at $221.65 on Thursday. The stock has a market capitalization of $156.47 billion, a PE ratio of 109.73, a price-to-earnings-growth ratio of 1.12 and a beta of 0.79. Welltower Inc. has a 12 month low of $148.97 and a 12 month high of $223.94. The business has a 50 day simple moving average of $211.28 and a 200-day simple moving average of $201.71. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter last year, the firm posted $1.20 EPS. The business’s revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, analysts anticipate that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

About Welltower

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.