Danica Pension Livsforsikringsaktieselskab Acquires Shares of 126,427 Welltower Inc. $WELL

Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of Welltower Inc. (NYSE:WELL) in the second quarter, Holdings Channel reports. The fund acquired 126,427 shares of the real estate investment trust’s stock, valued at approximately $28,695,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its holdings in shares of Welltower by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust’s stock valued at $1,649,844,000 after acquiring an additional 57,938 shares in the last quarter. KLP Kapitalforvaltning AS increased its stake in shares of Welltower by 21.2% during the fourth quarter. KLP Kapitalforvaltning AS now owns 291,146 shares of the real estate investment trust’s stock worth $54,040,000 after acquiring an additional 50,900 shares during the period. Easterly Investment Partners LLC raised its holdings in Welltower by 184.9% during the fourth quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust’s stock worth $17,151,000 after purchasing an additional 59,967 shares in the last quarter. SG Americas Securities LLC raised its holdings in Welltower by 331.4% during the first quarter. SG Americas Securities LLC now owns 1,122,894 shares of the real estate investment trust’s stock worth $222,007,000 after purchasing an additional 862,586 shares in the last quarter. Finally, Swiss National Bank lifted its position in Welltower by 9.9% in the first quarter. Swiss National Bank now owns 2,014,200 shares of the real estate investment trust’s stock valued at $398,227,000 after purchasing an additional 181,400 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on WELL shares. Evercore reaffirmed an “outperform” rating and issued a $260.00 price objective on shares of Welltower in a report on Thursday, July 30th. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 price target on shares of Welltower in a report on Monday, May 4th. Royal Bank Of Canada raised their price target on Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Cantor Fitzgerald lifted their price target on Welltower from $235.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Finally, Scotiabank dropped 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 investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. 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 Trading Up 0.0%

Shares of Welltower stock opened at $235.38 on Wednesday. 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 Inc. has a 1 year low of $162.29 and a 1 year high of $255.20. The company has a market capitalization of $169.65 billion, a P/E ratio of 107.97, a P/E/G ratio of 1.13 and a beta of 0.76. The business has a 50 day moving average price of $230.95 and a 200 day moving average price of $214.96.

Welltower (NYSE:WELL) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The company had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. Welltower’s quarterly revenue was up 39.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Sell-side analysts anticipate that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be given a $0.85 dividend. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, August 12th. Welltower’s dividend payout ratio (DPR) is currently 155.96%.

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.