Meiji Yasuda America Inc Increases Position in Welltower Inc. $WELL

Meiji Yasuda America Inc lifted its position in shares of Welltower Inc. (NYSE:WELL) by 12.5% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 33,755 shares of the real estate investment trust’s stock after buying an additional 3,762 shares during the period. Welltower accounts for approximately 1.7% of Meiji Yasuda America Inc’s portfolio, making the stock its 20th largest holding. Meiji Yasuda America Inc’s holdings in Welltower were worth $6,674,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of WELL. Vanguard Group Inc. raised its holdings in Welltower by 2.9% in the 4th quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after acquiring an additional 2,643,088 shares during the last quarter. Capital International Investors boosted its holdings in shares of Welltower by 2.0% during the fourth quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock worth $8,805,411,000 after purchasing an additional 915,514 shares during the last quarter. State Street Corp boosted its holdings in shares of Welltower by 1.2% during the fourth quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock worth $7,751,134,000 after purchasing an additional 506,374 shares during the last quarter. Norges Bank purchased a new stake in shares of Welltower in the fourth quarter valued at $5,466,264,000. Finally, Bank of America Corp DE grew its position in shares of Welltower by 5.3% in the fourth quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock valued at $3,787,049,000 after purchasing an additional 1,024,668 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $238.00 target price on shares of Welltower in a research report on Monday, June 15th. Scotiabank lowered their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Barclays initiated coverage on shares of Welltower in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 price objective for the company. UBS Group increased their price objective on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and an average target price of $234.72.

Welltower Stock Up 0.7%

Shares of NYSE WELL opened at $246.59 on Wednesday. Welltower Inc. has a 12-month low of $158.24 and a 12-month high of $247.45. The company has a market cap of $174.07 billion, a P/E ratio of 122.07, a P/E/G ratio of 1.20 and a beta of 0.77. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The stock has a fifty day moving average price of $219.89 and a 200 day moving average price of $207.69.

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

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

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.