Commerce Bank Takes Position in Welltower Inc. $WELL

Commerce Bank purchased a new stake in shares of Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 25,712 shares of the real estate investment trust’s stock, valued at approximately $5,836,000.

A number of other institutional investors also recently bought and sold shares of WELL. Brighton Jones LLC boosted its position in Welltower by 7.1% during 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 in the last quarter. Empowered Funds LLC raised its position in shares of Welltower by 31.7% in the 1st quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock worth $2,266,000 after acquiring an additional 3,564 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Welltower by 7.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock valued at $294,000 after purchasing an additional 127 shares during the period. Baird Financial Group Inc. boosted its position in shares of Welltower by 7.3% during the second quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock valued at $1,671,000 after purchasing an additional 735 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of Welltower by 27.0% during the second quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust’s stock valued at $1,912,000 after purchasing an additional 2,641 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Welltower Trading Up 0.3%

NYSE WELL opened at $239.95 on Monday. Welltower Inc. has a 12 month low of $163.75 and a 12 month high of $255.20. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. The stock’s fifty day moving average price is $232.48 and its 200-day moving average price is $216.03. The stock has a market cap of $172.94 billion, a P/E ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the previous year, the firm earned $1.28 EPS. The business’s revenue for the quarter was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities analysts forecast that Welltower Inc. will post 6.44 EPS for the current fiscal 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 issued a dividend of $0.85 per share. The ex-dividend date was Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio is currently 155.96%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. UBS Group increased their price objective on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Scotiabank reduced their target price on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. Wells Fargo & Company increased their price target on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Jefferies Financial Group boosted 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, Mizuho upped their price objective on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target 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.