Sumitomo Life Insurance Co. Invests $3.26 Million in Welltower Inc. $WELL

Sumitomo Life Insurance Co. bought a new position in shares of Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 14,344 shares of the real estate investment trust’s stock, valued at approximately $3,256,000.

A number of other institutional investors and hedge funds have also bought and sold shares of WELL. Leonteq Securities AG raised its holdings in Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 60 shares during the period. Sound Income Strategies LLC boosted its holdings 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 acquiring an additional 76 shares during the period. Kilter Group LLC bought a new stake in shares of Welltower during the second quarter worth approximately $29,000. Swiss RE Ltd. acquired a new position in shares of Welltower in the fourth quarter valued at approximately $29,000. Finally, Quarry LP acquired a new position in shares of Welltower in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on WELL shares. Wells Fargo & Company increased their target price on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Mizuho boosted their price target on Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Cantor Fitzgerald increased their price objective on Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Barclays started coverage on Welltower in a report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 target price for the company. Fourteen research analysts have rated the stock with a Buy rating and three have issued 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 a consensus price target of $246.11.

Welltower Stock Performance

NYSE WELL opened at $239.95 on Friday. The firm has a 50-day moving average price of $232.48 and a two-hundred day moving average price of $215.83. Welltower Inc. has a 12-month low of $163.75 and a 12-month high of $255.20. The company has a market capitalization of $172.94 billion, a P/E ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37.

Welltower (NYSE:WELL) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the prior year, the business posted $1.28 earnings per share. The firm’s revenue for the quarter was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts anticipate that Welltower Inc. will post 6.44 earnings per share for the current year.

Welltower Increases Dividend

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