Royal London Asset Management Ltd. Increases Holdings in Welltower Inc. $WELL

Royal London Asset Management Ltd. increased its position in Welltower Inc. (NYSE:WELL) by 0.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 342,189 shares of the real estate investment trust’s stock after purchasing an additional 2,667 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Welltower were worth $77,667,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. grew its position in shares of Welltower by 5.5% during the 2nd quarter. BlackRock Inc. now owns 78,049,214 shares of the real estate investment trust’s stock worth $17,714,830,000 after buying an additional 4,045,458 shares in the last quarter. Capital International Investors raised its holdings in shares of Welltower by 2.0% in the fourth quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after acquiring an additional 915,514 shares in the last quarter. State Street Corp lifted its stake in Welltower by 1.2% in 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 acquiring an additional 506,374 shares during the period. Norges Bank purchased a new stake in Welltower in the fourth quarter worth about $5,466,264,000. Finally, Bank of America Corp DE lifted its stake in Welltower by 6.6% in the first quarter. Bank of America Corp DE now owns 21,750,501 shares of the real estate investment trust’s stock worth $4,300,291,000 after acquiring an additional 1,347,243 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Welltower news, Director Andrew Gundlach purchased 5,000 shares of the stock in a transaction on Tuesday, August 25th. The shares were bought at an average price of $239.47 per share, for a total transaction of $1,197,350.00. Following the completion of the transaction, the director owned 25,000 shares of the company’s stock, valued at $5,986,750. This trade represents a 25.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on WELL shares. Evercore reissued an “outperform” rating and set a $260.00 target price on shares of Welltower in a research report on Thursday, July 30th. Royal Bank Of Canada increased their price objective on shares of Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. KeyCorp boosted their price objective on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Mizuho boosted their price target on Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $246.11.

Welltower Price Performance

Shares of NYSE WELL opened at $237.51 on Friday. Welltower Inc. has a 52 week low of $163.75 and a 52 week high of $255.20. The business’s 50 day moving average price is $235.54 and its 200 day moving average price is $217.59. 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 firm has a market cap of $171.18 billion, a P/E ratio of 108.95, a P/E/G ratio of 1.15 and a beta of 0.76.

Welltower (NYSE:WELL) last released its quarterly earnings data 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). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The company had revenue of $3.54 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the business posted $1.28 EPS. The business’s quarterly 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, sell-side analysts expect that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

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

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.