Cibc World Market Inc. Makes New $21.72 Million Investment in Welltower Inc. $WELL

Cibc World Market Inc. purchased a new position in Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 95,708 shares of the real estate investment trust’s stock, valued at approximately $21,723,000.

A number of other large investors also recently modified their holdings of the business. Leonteq Securities AG grew its position 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 buying an additional 60 shares in the last quarter. Sound Income Strategies LLC raised its position 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 buying an additional 76 shares in the last quarter. Kilter Group LLC bought a new stake in shares of Welltower during the 2nd quarter worth about $29,000. Swiss RE Ltd. acquired a new stake in shares of Welltower in the 4th quarter worth approximately $29,000. Finally, Quarry LP acquired a new stake in shares of Welltower in the 3rd quarter worth approximately $33,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Up 0.4%

NYSE WELL opened at $240.07 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The company’s 50 day simple moving average is $233.02 and its 200 day simple moving average is $216.40. 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 $173.03 billion, a P/E ratio of 110.13, a PEG ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 3.56% and a net margin of 12.15%.The company’s quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities research analysts expect that Welltower Inc. will post 6.44 earnings per share for the current fiscal year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were given 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 dividend yield of 1.4%. Welltower’s payout ratio is currently 155.96%.

Wall Street Analyst Weigh In

WELL has been the topic of a number of research analyst reports. Evercore reiterated an “outperform” rating and set a $260.00 price objective on shares of Welltower in a research note on Thursday, July 30th. Citigroup lifted their price target on Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, July 31st. UBS Group boosted their price objective on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. KeyCorp upped their price objective on Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Finally, Wells Fargo & Company raised their target price on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $246.11.

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.