West Family Investments Inc. Takes Position in Welltower Inc. $WELL

West Family Investments Inc. acquired a new stake in Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,569 shares of the real estate investment trust’s stock, valued at approximately $583,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in 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 valued at $17,154,349,000 after purchasing an additional 2,643,088 shares during the last quarter. BlackRock Inc. grew its stake in Welltower by 5.5% in the 2nd quarter. BlackRock Inc. now owns 78,049,214 shares of the real estate investment trust’s stock valued at $17,714,830,000 after acquiring an additional 4,045,458 shares during the last quarter. Capital International Investors grew its stake in Welltower by 2.0% in the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after acquiring an additional 915,514 shares during the last quarter. State Street Corp increased its holdings in Welltower by 1.2% during the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after acquiring an additional 506,374 shares in the last quarter. Finally, Norges Bank acquired a new position in Welltower during the fourth quarter worth about $5,466,264,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Welltower stock opened at $235.59 on Thursday. The firm has a fifty day moving average of $231.43 and a 200-day moving average of $215.31. Welltower Inc. has a 52-week low of $163.75 and a 52-week high of $255.20. 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 firm has a market capitalization of $169.80 billion, a P/E ratio of 108.07, a PEG ratio of 1.13 and a beta of 0.76.

Welltower (NYSE:WELL) last posted its earnings results 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). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The business had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the previous year, the firm posted $1.28 EPS. The business’s revenue was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, analysts predict that Welltower Inc. will post 6.44 EPS for the current year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 12th will be given a dividend of $0.85 per share. This is a boost 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 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio is presently 155.96%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on WELL shares. Evercore reissued an “outperform” rating and set a $260.00 price objective on shares of Welltower in a research note on Thursday, July 30th. Wells Fargo & Company boosted their price target on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. KeyCorp upped their price objective on Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada boosted their target price on shares of Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Finally, Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Welltower Company 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.