Brasada Capital Management LP Takes $7.74 Million Position in Welltower Inc. $WELL

Brasada Capital Management LP bought a new position in shares of 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 34,114 shares of the real estate investment trust’s stock, valued at approximately $7,743,000.

Several other large investors have also recently bought and sold shares of WELL. Leonteq Securities AG raised 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 worth $25,000 after buying an additional 60 shares in the last quarter. Sound Income Strategies LLC boosted its stake in Welltower by 124.6% during the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares during the period. Kilter Group LLC purchased a new position in Welltower during the second quarter worth about $29,000. Swiss RE Ltd. purchased a new position in Welltower during the fourth quarter worth about $29,000. Finally, Quarry LP bought a new position in Welltower in the 3rd quarter worth about $33,000. 94.80% of the stock is owned by institutional investors.

Welltower Stock Performance

Shares of NYSE WELL opened at $239.42 on Friday. The stock has a market cap of $172.56 billion, a price-to-earnings ratio of 109.82, a P/E/G ratio of 1.16 and a beta of 0.76. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a 1-year low of $163.75 and a 1-year high of $255.20. The stock’s 50-day moving average is $234.93 and its 200 day moving average is $217.45.

Welltower (NYSE:WELL) last released 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). The business had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. Welltower’s revenue for the quarter was up 39.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, sell-side analysts anticipate that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

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

Insider Buying and Selling

In related news, Director Andrew Gundlach acquired 5,000 shares of the stock in a transaction on Tuesday, August 25th. The stock was purchased at an average price of $239.47 per share, for a total transaction of $1,197,350.00. Following the completion of the transaction, 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 position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.37% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on WELL. Evercore reaffirmed an “outperform” rating and issued a $260.00 price target on shares of Welltower in a report on Thursday, July 30th. Royal Bank Of Canada boosted their price objective on Welltower from $238.00 to $260.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Mizuho upped their price objective on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Cantor Fitzgerald raised their target price 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, Jefferies Financial Group raised their target price on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average price target of $246.11.

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.