Rakuten Investment Management Inc. Purchases New Position in Welltower Inc. $WELL

Rakuten Investment Management Inc. acquired a new position in shares of Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 115,381 shares of the real estate investment trust’s stock, valued at approximately $26,276,000.

A number of other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC grew its holdings in shares of Welltower by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock valued at $316,000 after buying an additional 45 shares during the period. Family Wealth Partners LLC increased its position in shares of Welltower by 1.3% during the second quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust’s stock worth $835,000 after acquiring an additional 48 shares in the last quarter. Summit Securities Group LLC increased its holdings in Welltower by 42.6% during the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 49 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Welltower by 2.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock worth $367,000 after buying an additional 49 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Welltower by 0.7% in the first quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock valued at $1,416,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Insider Activity at Welltower

In other news, Director Andrew Gundlach purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was bought at an average cost of $239.47 per share, for a total transaction of $1,197,350.00. Following the purchase, the director owned 25,000 shares of the company’s stock, valued at approximately $5,986,750. The trade was a 25.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.37% of the company’s stock.

Welltower Stock Performance

NYSE:WELL opened at $237.51 on Friday. The company has a market cap of $171.18 billion, a price-to-earnings ratio of 108.95, a PEG ratio of 1.15 and a beta of 0.76. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week high of $255.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The stock has a fifty day moving average price of $235.54 and a 200-day moving average price of $217.59.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). The firm had revenue of $3.54 billion for 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%.The business’s revenue was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities analysts anticipate that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The business 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. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. Welltower’s dividend payout ratio (DPR) is currently 155.96%.

Wall Street Analysts Forecast Growth

WELL has been the topic of a number of recent research reports. Citigroup lifted their target price on Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Scotiabank reduced their price objective on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a report on Monday, May 4th. Royal Bank Of Canada increased their price objective on shares of Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, KeyCorp raised their target price on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Welltower presently has an average rating of “Moderate Buy” and an average target price of $246.11.

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.