Mitsubishi UFJ Trust & Banking Corp Sells 2,756 Shares of Welltower Inc. $WELL

Mitsubishi UFJ Trust & Banking Corp cut its stake in shares of Welltower Inc. (NYSE:WELL) by 0.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 500,081 shares of the real estate investment trust’s stock after selling 2,756 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.07% of Welltower worth $89,084,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. State Street Corp increased its holdings in Welltower by 4.6% during the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after acquiring an additional 1,740,196 shares during the period. Norges Bank purchased a new position in shares of Welltower during the 2nd quarter valued at $4,903,554,000. Geode Capital Management LLC increased its holdings in shares of Welltower by 5.1% in the second quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock worth $2,303,484,000 after purchasing an additional 723,887 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Welltower by 1.9% in the second quarter. JPMorgan Chase & Co. now owns 7,898,391 shares of the real estate investment trust’s stock worth $1,214,232,000 after purchasing an additional 149,724 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Welltower by 5.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 7,329,291 shares of the real estate investment trust’s stock worth $1,126,732,000 after buying an additional 372,697 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Price Performance

Shares of Welltower stock opened at $183.56 on Friday. The firm has a market capitalization of $125.98 billion, a PE ratio of 126.60, a price-to-earnings-growth ratio of 1.26 and a beta of 0.86. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 12 month low of $130.29 and a 12 month high of $209.05. The business’s 50-day moving average price is $192.23 and its 200-day moving average price is $177.81.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the prior year, the firm earned $1.11 earnings per share. Welltower’s revenue for the quarter was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, November 10th. Welltower’s dividend payout ratio (DPR) is presently 204.14%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on WELL shares. Loop Capital set a $196.00 target price on Welltower in a research report on Wednesday, October 29th. Scotiabank boosted their price objective on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $205.00 price objective on shares of Welltower in a research report on Thursday, December 18th. Wells Fargo & Company lifted their target price on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $204.80.

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.