70,125 Shares in Welltower Inc. $WELL Purchased by Westpac Banking Corp

Key Points

• Westpac Banking Corp acquired 70,125 Welltower shares in the second quarter, valued at approximately $15.9 million; Welltower now represents 1% of Westpac’s portfolio. Institutional investors and hedge funds collectively own 94.8% of the stock.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, though earnings of $0.61 per share missed analyst expectations of $0.66. The company issued fiscal 2026 EPS guidance of $6.36 to $6.44.
• The REIT raised its quarterly dividend to $0.85 per share, or $3.40 annually, representing a 1.4% yield. Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $246.11.

Westpac Banking Corp purchased a new position in Welltower Inc. (NYSE:WELL - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 70,125 shares of the real estate investment trust's stock, valued at approximately $15,916,000. Welltower makes up 1.0% of Westpac Banking Corp's portfolio, making the stock its 15th biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Leonteq Securities AG boosted its position in shares of Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust's stock valued at $25,000 after purchasing an additional 60 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Kilter Group LLC bought a new stake in shares of Welltower in the 2nd quarter worth approximately $29,000. Swiss RE Ltd. bought a new stake in shares of Welltower in the 4th quarter worth approximately $29,000. Finally, Quarry LP acquired a new stake in Welltower during the third quarter valued at approximately $33,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Price Performance

WELL stock opened at $239.95 on Friday. 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 one year low of $163.75 and a one year high of $255.20. The firm has a market capitalization of $172.94 billion, a PE ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76. The firm has a 50-day moving average of $232.48 and a two-hundred day moving average of $215.83.

Welltower (NYSE:WELL - Get Free Report) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.05). The firm had revenue of $3.54 billion during 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 quarterly revenue was up 39.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, analysts forecast that Welltower Inc. will post 6.44 earnings per share for the current year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were paid a $0.85 dividend. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. This is a positive change from Welltower's previous quarterly dividend of $0.74. Welltower's dividend payout ratio (DPR) is 155.96%.

Analysts Set New Price Targets

A number of analysts recently weighed in on WELL shares. Deutsche Bank Aktiengesellschaft raised their target price on shares of Welltower from $215.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, July 1st. Raymond James Financial started coverage on Welltower in a report on Tuesday, June 16th. They issued an "outperform" rating and a $226.00 price target on the stock. Royal Bank Of Canada increased their price objective on Welltower from $238.00 to $260.00 and gave the company an "outperform" rating in a research report on Monday, August 3rd. Wells Fargo & Company raised their price objective on Welltower from $228.00 to $237.00 and gave the stock an "overweight" rating in a research note on Monday, June 1st. Finally, Evercore restated an "outperform" rating and issued a $260.00 target price on shares of Welltower in a report on Thursday, July 30th. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Welltower has an average rating of "Moderate Buy" and a consensus price target of $246.11.

Welltower 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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