417,137 Shares in Welltower Inc. $WELL Acquired by Danske Bank A S

Danske Bank A S bought a new stake in Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 417,137 shares of the real estate investment trust’s stock, valued at approximately $94,678,000. Danske Bank A S owned about 0.06% of Welltower at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Leonteq Securities AG lifted its position in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the period. Sound Income Strategies LLC increased its position in shares of Welltower by 124.6% during the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 76 shares during the period. Swiss RE Ltd. acquired a new stake in shares of Welltower during the fourth quarter worth $29,000. Quarry LP bought a new position in Welltower during the third quarter worth $33,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Welltower during the fourth quarter worth $37,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Up 0.0%

NYSE:WELL opened at $235.38 on Wednesday. Welltower Inc. has a 12 month low of $162.29 and a 12 month high of $255.20. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $169.65 billion, a price-to-earnings ratio of 107.97, a PEG ratio of 1.13 and a beta of 0.76. The firm has a fifty day simple moving average of $230.95 and a two-hundred day simple moving average of $214.96.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share 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 analyst estimates of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. Welltower’s revenue for the quarter was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts expect that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The company also recently declared 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 an increase from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. Welltower’s dividend payout ratio (DPR) is currently 155.96%.

Wall Street Analyst Weigh In

A number of analysts have commented on WELL shares. Jefferies Financial Group upped their price target on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Raymond James Financial initiated coverage on Welltower in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price objective for the company. Mizuho boosted their price objective on Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. 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. Finally, Citigroup upped their target price on Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $246.11.

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.