Canada Pension Plan Investment Board Buys Shares of 2,328,059 Welltower Inc. $WELL

Canada Pension Plan Investment Board purchased a new position in Welltower Inc. (NYSE:WELL - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,328,059 shares of the real estate investment trust's stock, valued at approximately $528,400,000. Canada Pension Plan Investment Board owned approximately 0.32% of Welltower at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Revolve Wealth Partners LLC grew its position in 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 worth $316,000 after acquiring an additional 45 shares in the last quarter. Family Wealth Partners LLC increased its stake in Welltower by 1.3% in the second quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust's stock valued at $835,000 after acquiring an additional 48 shares during the last quarter. Summit Securities Group LLC raised its position in Welltower by 42.6% during the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 49 shares in the last quarter. Parkside Financial Bank & Trust raised its position in Welltower by 2.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust's stock valued at $367,000 after purchasing an additional 49 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in Welltower by 0.7% during the first quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust's stock worth $1,416,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Welltower Stock Up 0.5%

Shares of NYSE:WELL opened at $241.33 on Wednesday. The stock's 50-day moving average price is $233.57 and its 200-day moving average price is $216.79. Welltower Inc. has a 12-month low of $163.75 and a 12-month high of $255.20. The stock has a market capitalization of $173.94 billion, a P/E ratio of 110.70, a price-to-earnings-growth ratio of 1.15 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.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings data 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 company 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%.The firm's quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, equities analysts anticipate that Welltower Inc. will post 6.44 earnings per share for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were given a $0.85 dividend. The ex-dividend date was Wednesday, August 12th. This is an increase 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 is presently 155.96%.

Analyst Ratings Changes

WELL has been the topic of several recent research reports. Barclays started coverage on Welltower in a research report on Tuesday, July 7th. They set an "equal weight" rating and a $254.00 price objective on the stock. Scotiabank dropped their target price on Welltower from $248.00 to $232.00 and set a "sector outperform" rating for the company in a research report on Thursday, June 18th. KeyCorp upped their target price on Welltower from $240.00 to $275.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 4th. Mizuho increased their price target on shares of Welltower from $239.00 to $260.00 and gave the company an "outperform" rating in a research report on Wednesday, July 22nd. Finally, Jefferies Financial Group lifted their price target on shares of Welltower from $237.00 to $248.00 and gave the stock a "buy" rating in a research note on Tuesday, May 12th. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $246.11.

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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