Robeco Institutional Asset Management B.V. Buys 14,688 Shares of Welltower Inc. $WELL

Robeco Institutional Asset Management B.V. boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 403,359 shares of the real estate investment trust’s stock after purchasing an additional 14,688 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Welltower were worth $62,008,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its position in Welltower by 14.0% during the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock valued at $3,261,792,000 after purchasing an additional 2,614,562 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Welltower by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock valued at $1,367,226,000 after purchasing an additional 2,622,384 shares during the period. Northern Trust Corp lifted its position in Welltower by 0.4% during the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust’s stock valued at $1,297,263,000 after purchasing an additional 36,725 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Welltower by 7.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust’s stock valued at $1,250,935,000 after purchasing an additional 532,135 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in Welltower by 14.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 6,956,594 shares of the real estate investment trust’s stock valued at $1,065,820,000 after purchasing an additional 877,856 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of NYSE WELL opened at $175.65 on Friday. The firm has a fifty day moving average price of $167.78 and a 200-day moving average price of $156.47. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The stock has a market cap of $117.48 billion, a PE ratio of 99.24, a price-to-earnings-growth ratio of 2.02 and a beta of 0.92. Welltower Inc. has a 1 year low of $122.34 and a 1 year high of $180.40.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The company’s revenue for the quarter was up 39.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from Welltower’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, August 12th. Welltower’s dividend payout ratio is currently 167.23%.

Wall Street Analyst Weigh In

WELL has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price objective on shares of Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. Cantor Fitzgerald began coverage on shares of Welltower in a report on Wednesday. They set an “overweight” rating and a $195.00 target price for the company. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Scotiabank upped their target price on shares of Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. Finally, KeyCorp upped their target price on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.62.

About Welltower

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.