Amundi Boosts Stock Holdings in Welltower Inc. $WELL

Key Points

• Amundi increased its Welltower stake by 60.3% in the second quarter, adding 2.01 million shares to own 5.34 million shares valued at approximately $1.21 billion. Institutional investors collectively hold 94.8% of WELL.
• Analysts remain broadly positive, with 14 Buy ratings and three Holds, producing a consensus “Moderate Buy” rating and an average price target of $251.06. Welltower’s shares opened at $236.07, below their 52-week high of $255.20.
• Welltower raised its quarterly dividend to $0.85 per share, or $3.40 annually, yielding about 1.4%. The healthcare REIT reported revenue growth of 39.1% year over year but missed quarterly earnings estimates, posting $0.61 per share versus the $0.66 consensus.

Amundi grew its position in Welltower Inc. (NYSE:WELL - Free Report) by 60.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,339,664 shares of the real estate investment trust's stock after acquiring an additional 2,008,543 shares during the quarter. Amundi owned 0.74% of Welltower worth $1,211,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Welltower during the second quarter valued at $63,090,000. California State Teachers Retirement System grew its holdings in Welltower by 23,475.4% during the 2nd quarter. California State Teachers Retirement System now owns 244,081,495 shares of the real estate investment trust's stock valued at $55,399,177,000 after purchasing an additional 243,046,172 shares during the last quarter. Ameritas Advisory Services LLC raised its position in Welltower by 75.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 6,315 shares of the real estate investment trust's stock worth $1,433,000 after purchasing an additional 2,717 shares during the period. Wedmont Private Capital raised its position in Welltower by 4.3% in the 2nd quarter. Wedmont Private Capital now owns 9,931 shares of the real estate investment trust's stock worth $2,300,000 after purchasing an additional 407 shares during the period. Finally, Kintra Wealth LLC lifted its stake in Welltower by 11.2% in the second quarter. Kintra Wealth LLC now owns 2,776 shares of the real estate investment trust's stock worth $651,000 after purchasing an additional 279 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Welltower

In other Welltower news, Director Andrew Gundlach acquired 5,000 shares of the business's stock in a transaction that occurred on Tuesday, August 25th. The shares were bought at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the acquisition, the director directly owned 25,000 shares in the company, valued at $5,986,750. This represents a 25.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.37% of the company's stock.

Wall Street Analyst Weigh In

WELL has been the subject of several recent analyst reports. Mizuho boosted their target price on Welltower from $239.00 to $260.00 and gave the company an "outperform" rating in a research report on Wednesday, July 22nd. Cantor Fitzgerald raised their price target on Welltower from $235.00 to $260.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Wells Fargo & Company raised their price target on Welltower from $237.00 to $266.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 1st. KeyCorp boosted their price objective on Welltower from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Tuesday, August 4th. Finally, Weiss Ratings downgraded Welltower from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, June 24th. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $251.06.

Welltower Trading Down 0.0%

WELL opened at $236.07 on Monday. 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 stock's fifty day moving average is $237.37 and its two-hundred day moving average is $218.82. The company has a market capitalization of $170.15 billion, a P/E ratio of 108.29, a PEG ratio of 1.13 and a beta of 0.76. 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 issued its 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). The firm had revenue of $3.54 billion during the quarter, compared to analysts' expectations of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.Welltower's quarterly revenue was up 39.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts forecast that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued a $0.85 dividend. The ex-dividend date was Wednesday, August 12th. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. This is an increase from Welltower's previous quarterly dividend of $0.74. Welltower's dividend payout ratio (DPR) is presently 155.96%.

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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