Sarasin & Partners LLP lessened its holdings in shares of Welltower Inc. (NYSE:WELL – Free Report) by 21.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 13,657 shares of the real estate investment trust’s stock after selling 3,784 shares during the quarter. Sarasin & Partners LLP’s holdings in Welltower were worth $3,100,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Leonteq Securities AG lifted its position in shares of Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 60 shares during the last quarter. Sound Income Strategies LLC increased its holdings in shares of Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 76 shares during the last quarter. Swiss RE Ltd. bought a new stake in Welltower in the 4th quarter valued at $29,000. Financial Consulate Inc. acquired a new stake in Welltower during the 4th quarter valued at $34,000. Finally, Quarry LP acquired a new stake in Welltower during the 3rd quarter valued at $33,000. Institutional investors own 94.80% of the company’s stock.
Wall Street Analyst Weigh In
WELL has been the topic of several research reports. Royal Bank Of Canada upped their price objective on shares of Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a report on Monday. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Cantor Fitzgerald lifted their target price on shares of Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Raymond James Financial began coverage on shares of Welltower in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target on the stock. Finally, Mizuho increased their price target on shares of Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. 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, Welltower currently has an average rating of “Moderate Buy” and an average price target of $246.11.
Welltower Stock Down 0.6%
NYSE WELL opened at $235.91 on Friday. 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 company has a market cap of $170.03 billion, a price-to-earnings ratio of 108.21, a PEG ratio of 1.14 and a beta of 0.76. The company has a 50 day moving average of $225.82 and a 200-day moving average of $212.22. Welltower Inc. has a 1-year low of $161.26 and a 1-year high of $255.20.
Welltower (NYSE:WELL – Get Free Report) last issued its quarterly 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). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The company had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the prior year, the company earned $1.28 EPS. The company’s quarterly 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. On average, equities research analysts expect that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.
Welltower Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be issued 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 annualized dividend and a dividend yield of 1.4%. Welltower’s payout ratio is currently 135.78%.
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.
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