L2 Asset Management LLC Acquires New Holdings in Welltower Inc. $WELL

L2 Asset Management LLC bought a new stake in Welltower Inc. (NYSE:WELL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,037 shares of the real estate investment trust’s stock, valued at approximately $916,000.

Several other hedge funds also recently bought and sold shares of the stock. Leonteq Securities AG raised its stake in shares of 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. Kilter Group LLC purchased a new position in shares of Welltower during the 2nd quarter worth approximately $29,000. Sound Income Strategies LLC increased its holdings in Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares during the last quarter. Solstein Capital LLC acquired a new stake in Welltower in the 2nd quarter valued at approximately $34,000. Finally, Swiss RE Ltd. acquired a new stake in Welltower in the 4th quarter valued at approximately $29,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Welltower stock opened at $240.07 on Tuesday. The firm has a market cap of $173.03 billion, a PE ratio of 110.13, a price-to-earnings-growth ratio of 1.14 and a beta of 0.76. Welltower Inc. has a 52-week low of $163.75 and a 52-week high of $255.20. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. The company’s 50 day moving average is $233.02 and its two-hundred day moving average is $216.40.

Welltower (NYSE:WELL) last posted its quarterly 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 during the quarter, compared to analyst estimates of $3.40 billion. During the same quarter last year, the firm earned $1.28 EPS. The business’s revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, research analysts expect that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were issued a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. Welltower’s dividend payout ratio (DPR) is 155.96%.

Analyst Ratings Changes

WELL has been the topic of a number of research reports. Jefferies Financial Group upped their price target on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. UBS Group lifted their price objective on Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Raymond James Financial started coverage on Welltower in a research note on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price on the stock. Finally, Citigroup raised their target price on Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a report on Friday, July 31st. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.11.

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.