Mitsubishi UFJ Asset Management UK Ltd. Makes New Investment in Welltower Inc. $WELL

Mitsubishi UFJ Asset Management UK Ltd. bought a new stake in Welltower Inc. (NYSE:WELL) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,000 shares of the real estate investment trust’s stock, valued at approximately $1,781,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of WELL. Norges Bank purchased a new stake in Welltower during the 2nd quarter valued at about $4,903,554,000. Vanguard Group Inc. boosted its holdings in shares of Welltower by 4.7% during the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after purchasing an additional 3,991,896 shares during the last quarter. State Street Corp grew its position in shares of Welltower by 4.6% in the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after purchasing an additional 1,740,196 shares in the last quarter. Balyasny Asset Management L.P. increased its holdings in shares of Welltower by 241.5% in the second quarter. Balyasny Asset Management L.P. now owns 1,241,145 shares of the real estate investment trust’s stock valued at $190,801,000 after purchasing an additional 877,725 shares during the last quarter. Finally, 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 valued at $2,303,484,000 after purchasing an additional 723,887 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WELL has been the topic of a number of analyst reports. UBS Group set a $240.00 target price on shares of Welltower in a research note on Thursday, February 12th. Scotiabank increased their target price on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. Cantor Fitzgerald raised their price target on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Morgan Stanley boosted their price objective on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Wells Fargo & Company lifted their price objective on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.50.

Welltower Price Performance

Shares of WELL opened at $208.13 on Friday. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $216.43. The stock has a market cap of $145.22 billion, a PE ratio of 148.67, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. The firm has a fifty day moving average price of $191.34 and a 200 day moving average price of $183.02.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same quarter last year, the company posted $1.13 earnings per share. The business’s quarterly revenue was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, February 25th. Welltower’s dividend payout ratio is presently 211.43%.

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.