B. Metzler seel. Sohn & Co. AG Invests $13.60 Million in Welltower Inc. $WELL

Key Points

• B. Metzler seel. Sohn & Co. AG initiated a Welltower position in the second quarter, purchasing 59,902 shares valued at approximately $13.6 million. Institutional investors collectively own 94.8% of the REIT.
• Welltower shares opened at $237.57, near the upper end of their 52-week range. The company reported quarterly revenue of $3.54 billion, up 39.1% year over year, though earnings per share of $0.61 missed estimates.
• Welltower increased its quarterly dividend to $0.85 per share, or $3.40 annualized, representing a 1.4% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $246.11.

B. Metzler seel. Sohn & Co. AG purchased a new position in Welltower Inc. (NYSE:WELL - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 59,902 shares of the real estate investment trust's stock, valued at approximately $13,596,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in Welltower by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust's stock worth $1,649,844,000 after acquiring an additional 57,938 shares during the period. Easterly Investment Partners LLC increased its position in Welltower by 184.9% during the 4th quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust's stock valued at $17,151,000 after purchasing an additional 59,967 shares during the period. SG Americas Securities LLC increased its position in Welltower by 331.4% during the 1st quarter. SG Americas Securities LLC now owns 1,122,894 shares of the real estate investment trust's stock valued at $222,007,000 after purchasing an additional 862,586 shares during the period. Swiss National Bank raised its holdings in shares of Welltower by 9.9% in the 1st quarter. Swiss National Bank now owns 2,014,200 shares of the real estate investment trust's stock valued at $398,227,000 after purchasing an additional 181,400 shares in the last quarter. Finally, Dai ichi Life Insurance Company Ltd raised its holdings in shares of Welltower by 26.6% in the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 43,932 shares of the real estate investment trust's stock valued at $8,686,000 after purchasing an additional 9,217 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Up 0.8%

Welltower stock opened at $237.57 on Friday. Welltower Inc. has a 1-year low of $163.75 and a 1-year high of $255.20. The business has a fifty day moving average price of $231.96 and a 200-day moving average price of $215.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The stock has a market capitalization of $171.23 billion, a price-to-earnings ratio of 108.98, a PEG ratio of 1.13 and a beta of 0.76.

Welltower (NYSE:WELL - Get Free Report) last announced its 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 business had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The company's quarterly revenue was up 39.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities research analysts forecast that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

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

Analysts Set New Price Targets

WELL has been the topic of a number of recent research reports. BMO Capital Markets reiterated an "outperform" rating and set a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. KeyCorp boosted their price objective 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. Barclays began coverage on Welltower in a report on Tuesday, July 7th. They set an "equal weight" rating and a $254.00 target price for the company. Scotiabank cut their price target on Welltower from $248.00 to $232.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 18th. Finally, Mizuho boosted their price target on Welltower from $239.00 to $260.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 22nd. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus 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.

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