277,967 Shares in Welltower Inc. $WELL Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems acquired 277,967 Welltower shares worth approximately $63.1 million in the second quarter. Institutional investors now own 94.8% of the healthcare REIT.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, but earnings per share of $0.61 fell short of the $0.66 consensus estimate. The company raised its quarterly dividend to $0.85 per share, representing a 1.4% annualized yield.
• Analysts maintain a broadly positive view, with 14 Buy ratings and three Holds, resulting in a “Moderate Buy” consensus and an average price target of $251.06 versus the stock’s reported price of $236.07.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Welltower Inc. (NYSE:WELL - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 277,967 shares of the real estate investment trust's stock, valued at approximately $63,090,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WELL. Revolve Wealth Partners LLC raised its position in shares of Welltower by 3.3% in the second quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust's stock valued at $316,000 after purchasing an additional 45 shares during the period. Family Wealth Partners LLC boosted its holdings in Welltower by 1.3% in the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust's stock worth $835,000 after buying an additional 48 shares during the period. Natural Investments LLC boosted its holdings in Welltower by 3.0% in the 2nd quarter. Natural Investments LLC now owns 1,673 shares of the real estate investment trust's stock worth $379,000 after buying an additional 48 shares during the period. Summit Securities Group LLC grew its stake in Welltower by 42.6% in the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 49 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in Welltower by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust's stock valued at $367,000 after acquiring an additional 49 shares during the period. Institutional investors own 94.80% of the company's stock.

Welltower Price Performance

Welltower stock opened at $236.07 on Monday. The stock has a market cap of $170.15 billion, a price-to-earnings ratio of 108.29, a PEG ratio of 1.13 and a beta of 0.76. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. The business has a 50-day simple moving average of $237.37 and a 200 day simple moving average of $218.82. Welltower Inc. has a 52 week low of $163.75 and a 52 week high of $255.20.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The business had revenue of $3.54 billion during the quarter, compared to analysts' expectations of $3.40 billion. During the same period in the previous year, the business earned $1.28 EPS. The business's revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, research analysts forecast that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were given a dividend of $0.85 per share. The ex-dividend date was Wednesday, August 12th. This is a boost from Welltower's previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower's dividend payout ratio (DPR) is presently 155.96%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Royal Bank Of Canada raised their price target on Welltower from $238.00 to $260.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Evercore reiterated an "outperform" rating and set a $260.00 price objective on shares of Welltower in a research note on Thursday, July 30th. Scotiabank increased their price objective on Welltower from $244.00 to $251.00 and gave the stock an "outperform" rating in a report on Wednesday. Mizuho raised their target price on Welltower from $239.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. Finally, Barclays upped their price target on Welltower from $254.00 to $259.00 and gave the company an "equal weight" rating in a research report on Monday, August 31st. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $251.06.

Insider Buying and Selling

In related news, Director Andrew Gundlach purchased 5,000 shares of the business's stock in a transaction on Tuesday, August 25th. The stock was acquired at an average price of $239.47 per share, with a total value of $1,197,350.00. Following the purchase, the director directly owned 25,000 shares in the company, valued at approximately $5,986,750. This represents a 25.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.37% of the stock is currently owned by corporate insiders.

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.

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