Bank of New York Mellon Corp Has $919.38 Million Stock Holdings in Welltower Inc. $WELL

Key Points

• Bank of New York Mellon increased its Welltower position by 2% in the second quarter, holding 4.05 million shares valued at approximately $919.4 million. Institutional investors collectively own 94.8% of Welltower’s stock.
• Analysts remain broadly bullish, with 14 Buy ratings and three Holds. Welltower has a consensus “Moderate Buy” rating and an average price target of $246.11, while several firms recently raised targets to as high as $275.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, though adjusted EPS of $0.61 missed estimates. The REIT also raised its quarterly dividend to $0.85, implying a $3.40 annual payout and a 1.4% yield.

Bank of New York Mellon Corp raised its position in Welltower Inc. (NYSE:WELL - Free Report) by 2.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 4,050,681 shares of the real estate investment trust's stock after acquiring an additional 78,145 shares during the period. Bank of New York Mellon Corp owned about 0.56% of Welltower worth $919,383,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of WELL. Leonteq Securities AG raised its holdings in shares of Welltower by 92.3% in the first 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 during the last quarter. Sound Income Strategies LLC lifted its position in shares of Welltower by 124.6% in the first 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. Swiss RE Ltd. acquired a new position in Welltower during the fourth quarter worth $29,000. Quarry LP acquired a new position in Welltower during the third quarter worth $33,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Welltower in the fourth quarter valued at $37,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

WELL has been the topic of several recent research reports. KeyCorp lifted their price target on shares of Welltower from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Tuesday, August 4th. Wall Street Zen upgraded shares of Welltower from a "sell" rating to a "hold" rating in a research note on Saturday, May 2nd. Mizuho raised their price objective on Welltower from $239.00 to $260.00 and gave the company an "outperform" rating in a report on Wednesday, July 22nd. Royal Bank Of Canada lifted their target price on Welltower from $238.00 to $260.00 and gave the company an "outperform" rating in a research report on Monday, August 3rd. Finally, Citigroup upped their target price on Welltower from $255.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $246.11.

Welltower Stock Performance

NYSE WELL opened at $237.57 on Friday. The firm has a market capitalization of $171.23 billion, a P/E ratio of 108.98, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. The firm's fifty day moving average price is $231.96 and its two-hundred day moving average price is $215.66. Welltower Inc. has a 1 year low of $163.75 and a 1 year high of $255.20.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.66 by ($0.05). The firm had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The business's revenue was up 39.1% on a year-over-year basis. During the same period last year, the business earned $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, research analysts anticipate that Welltower Inc. will post 6.44 EPS for the current 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 paid a $0.85 dividend. This is an increase from Welltower's previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower's dividend payout ratio (DPR) is 155.96%.

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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