OVERSEA CHINESE BANKING Corp Ltd Acquires Shares of 101,287 Welltower Inc. $WELL

OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Welltower Inc. (NYSE:WELL) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 101,287 shares of the real estate investment trust’s stock, valued at approximately $22,989,000.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Welltower by 7.1% in the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock valued at $527,000 after acquiring an additional 279 shares during the last quarter. Empowered Funds LLC lifted its stake in Welltower by 31.7% during the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock worth $2,266,000 after purchasing an additional 3,564 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Welltower by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock worth $294,000 after purchasing an additional 127 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in Welltower by 7.3% in the second quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock worth $1,671,000 after purchasing an additional 735 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in Welltower by 27.0% in the second quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust’s stock worth $1,912,000 after purchasing an additional 2,641 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on WELL shares. Royal Bank Of Canada increased their target price on shares of Welltower from $238.00 to $260.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $245.00 price target on shares of Welltower in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Jefferies Financial Group increased their price objective on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and an average price target of $246.11.

Welltower Price Performance

Shares of WELL opened at $237.57 on Friday. The company has a market cap of $171.23 billion, a P/E ratio of 108.98, a PEG ratio of 1.13 and a beta of 0.76. The stock has a fifty day moving average price of $231.96 and a 200 day moving average price of $215.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. Welltower Inc. has a 12 month low of $163.75 and a 12 month high of $255.20.

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 the consensus estimate of $0.66 by ($0.05). The company had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.Welltower’s quarterly revenue was up 39.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, research analysts forecast that Welltower Inc. will post 6.44 earnings per share for the current year.

Welltower Increases Dividend

The company also recently declared 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 an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, August 12th. Welltower’s payout ratio is currently 155.96%.

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.