2,969 Shares in Welltower Inc. $WELL Acquired by MOR Wealth Management LLC

MOR Wealth Management LLC bought a new stake in Welltower Inc. (NYSE:WELL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,969 shares of the real estate investment trust’s stock, valued at approximately $674,000.

Several other hedge funds also recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Welltower in the fourth quarter worth $5,466,264,000. Bank of America Corp DE acquired a new stake in shares of Welltower during the 2nd quarter worth about $4,425,089,000. Cardano Risk Management B.V. grew its holdings 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 worth $1,765,808,000 after buying an additional 8,612,016 shares in the last quarter. Legal & General Group Plc acquired a new position in shares of Welltower in the second quarter valued at approximately $1,599,351,000. Finally, Capital World Investors lifted its stake in shares of Welltower by 153.0% during the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after buying an additional 6,497,258 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 2.1%

Shares of WELL opened at $236.07 on Friday. Welltower Inc. has a 12 month low of $163.75 and a 12 month high of $255.20. The stock’s 50-day moving average is $237.37 and its two-hundred day moving average is $218.77. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The stock has a market cap of $170.15 billion, a PE ratio of 108.29, a P/E/G ratio of 1.15 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 (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 analyst estimates 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 quarter last year, the business posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities analysts forecast that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were paid a dividend of $0.85 per share. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, August 12th. Welltower’s payout ratio is 155.96%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Scotiabank lifted their target price on shares of Welltower from $244.00 to $251.00 and gave the stock an “outperform” rating in a research note on Wednesday. Royal Bank Of Canada upped their target price on Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Barclays raised their price target on Welltower from $254.00 to $259.00 and gave the stock an “equal weight” rating in a research note on Monday. Cantor Fitzgerald upped their price objective on shares of Welltower from $235.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Finally, Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report 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. According to data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $251.06.

Insider Activity at Welltower

In other news, Director Andrew Gundlach bought 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was acquired at an average cost of $239.47 per share, for a total transaction of $1,197,350.00. Following the completion of the purchase, the director owned 25,000 shares of the company’s stock, valued at $5,986,750. This trade represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.37% of the company’s stock.

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.