Nomura Asset Management Co. Ltd. Sells 57,999 Shares of Welltower Inc. $WELL

Nomura Asset Management Co. Ltd. lessened its stake in shares of Welltower Inc. (NYSE:WELL) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,303,156 shares of the real estate investment trust’s stock after selling 57,999 shares during the quarter. Welltower makes up about 0.6% of Nomura Asset Management Co. Ltd.’s portfolio, making the stock its 20th biggest position. Nomura Asset Management Co. Ltd.’s holdings in Welltower were worth $241,879,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new stake in shares of Welltower in the 4th quarter worth $5,466,264,000. Vanguard Group Inc. boosted its position in shares of Welltower by 4.7% in the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after purchasing an additional 3,991,896 shares in the last quarter. Capital World Investors boosted its position in shares of Welltower by 167.2% in the 3rd quarter. Capital World Investors now owns 4,247,262 shares of the real estate investment trust’s stock worth $756,607,000 after purchasing an additional 2,657,766 shares in the last quarter. Capital International Investors boosted its position in shares of Welltower by 4.1% in the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after purchasing an additional 1,842,934 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Welltower by 4.1% in the 3rd quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock worth $7,348,979,000 after purchasing an additional 1,637,665 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on WELL shares. KeyCorp raised their price objective on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. Morgan Stanley raised their price objective on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 18th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 15th. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research report on Monday, May 4th. Finally, Wells Fargo & Company raised their price objective on Welltower from $218.00 to $228.00 and gave the stock an “overweight” rating in a research report on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $231.00.

Welltower Stock Performance

Shares of WELL stock opened at $206.11 on Friday. The firm has a market capitalization of $145.49 billion, a price-to-earnings ratio of 102.03, a price-to-earnings-growth ratio of 1.06 and a beta of 0.83. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. The business has a fifty day moving average of $208.54 and a 200 day moving average of $200.65. Welltower Inc. has a 1 year low of $148.60 and a 1 year high of $221.68.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. The company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm’s quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter last year, the business posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, research analysts expect that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were paid a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

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.