Canada Pension Plan Investment Board Acquires Shares of 2,328,059 Welltower Inc. $WELL

Canada Pension Plan Investment Board acquired a new stake in shares of Welltower Inc. (NYSE:WELL) in the 2nd quarter, HoldingsChannel reports. The fund acquired 2,328,059 shares of the real estate investment trust’s stock, valued at approximately $528,400,000.

A number of other institutional investors also recently modified their holdings of the company. Revolve Wealth Partners LLC grew its stake in shares of Welltower by 3.3% in the second quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock worth $316,000 after purchasing an additional 45 shares during the last quarter. Family Wealth Partners LLC raised its position in Welltower by 1.3% during the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust’s stock valued at $835,000 after purchasing an additional 48 shares during the last quarter. Summit Securities Group LLC lifted its holdings in Welltower by 42.6% in the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 49 shares during the period. Parkside Financial Bank & Trust lifted its holdings in Welltower by 2.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock worth $367,000 after buying an additional 49 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in Welltower by 0.7% in the 1st quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock worth $1,416,000 after buying an additional 50 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Up 0.5%

Shares of NYSE:WELL opened at $241.33 on Wednesday. The firm has a market capitalization of $173.94 billion, a P/E ratio of 110.70, a P/E/G ratio of 1.15 and a beta of 0.76. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The stock has a 50 day moving average price of $233.57 and a 200-day moving average price of $216.79. Welltower Inc. has a 52-week low of $163.75 and a 52-week high of $255.20.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05). The firm 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%. The company’s revenue for the quarter was up 39.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities research analysts anticipate that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued 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 dividend payout ratio (DPR) is presently 155.96%.

Wall Street Analyst Weigh In

WELL has been the topic of several research analyst reports. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Scotiabank dropped their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Barclays started coverage on shares of Welltower in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price target on the stock. Mizuho boosted their price objective on shares of Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Finally, Jefferies Financial Group upped their price objective on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and an average target price 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.