Cibc World Market Inc. Purchases New Shares in Welltower Inc. $WELL

Cibc World Market Inc. purchased a new position in Welltower Inc. (NYSE:WELL) during the second quarter, Holdings Channel.com reports. The firm purchased 95,708 shares of the real estate investment trust’s stock, valued at approximately $21,723,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of WELL. Dimensional Fund Advisors LP lifted its holdings in shares of Welltower by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust’s stock valued at $1,649,844,000 after purchasing an additional 57,938 shares in the last quarter. Easterly Investment Partners LLC grew its holdings in shares of Welltower by 184.9% during the fourth quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust’s stock valued at $17,151,000 after buying an additional 59,967 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Welltower by 331.4% during the first quarter. SG Americas Securities LLC now owns 1,122,894 shares of the real estate investment trust’s stock valued at $222,007,000 after buying an additional 862,586 shares in the last quarter. Swiss National Bank raised its position in Welltower by 9.9% during the first quarter. Swiss National Bank now owns 2,014,200 shares of the real estate investment trust’s stock valued at $398,227,000 after buying an additional 181,400 shares during the period. Finally, Dai ichi Life Insurance Company Ltd raised its position in Welltower by 26.6% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 43,932 shares of the real estate investment trust’s stock valued at $8,686,000 after buying an additional 9,217 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on WELL. Deutsche Bank Aktiengesellschaft increased their price objective on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Mizuho upped their target price on Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 target price on shares of Welltower in a report on Monday, May 4th. UBS Group increased their price target on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Finally, Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Welltower Trading Up 0.4%

NYSE WELL opened at $240.07 on Tuesday. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a 1-year low of $163.75 and a 1-year high of $255.20. The firm’s fifty day simple moving average is $233.02 and its 200-day simple moving average is $216.40. The company has a market capitalization of $173.03 billion, a PE ratio of 110.13, a price-to-earnings-growth ratio of 1.14 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 (EPS) 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 firm had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the previous year, the business posted $1.28 EPS. Welltower’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, sell-side analysts anticipate that Welltower Inc. will post 6.44 earnings per share 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 paid a dividend of $0.85 per share. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend 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 155.96%.

About Welltower

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.