Czech National Bank Grows Position in Welltower Inc. $WELL

Key Points

• The Czech National Bank increased its position in Welltower Inc. by 8.5% during Q2, owning 151,856 shares valued at approximately $23.3 million at the end of the quarter.
• Welltower's quarterly earnings report revealed an EPS of $1.28, exceeding estimates of $1.22, with revenue rising 39.6% year-over-year to $2.55 billion.
• The company recently raised its quarterly dividend from $0.67 to $0.74 per share, reflecting a commitment to returning value to shareholders.

Czech National Bank raised its position in Welltower Inc. (NYSE:WELL - Free Report) by 8.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 151,856 shares of the real estate investment trust's stock after purchasing an additional 11,923 shares during the quarter. Czech National Bank's holdings in Welltower were worth $23,345,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Svenska Handelsbanken AB publ purchased a new position in shares of Welltower in the 2nd quarter worth about $5,072,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Welltower by 18.1% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 2,842 shares of the real estate investment trust's stock worth $437,000 after purchasing an additional 436 shares during the period. Apella Capital LLC raised its holdings in shares of Welltower by 202.2% in the 2nd quarter. Apella Capital LLC now owns 6,093 shares of the real estate investment trust's stock worth $940,000 after purchasing an additional 4,077 shares during the period. Parallel Advisors LLC raised its holdings in shares of Welltower by 10.7% in the 2nd quarter. Parallel Advisors LLC now owns 6,021 shares of the real estate investment trust's stock worth $926,000 after purchasing an additional 580 shares during the period. Finally, Wesbanco Bank Inc. raised its holdings in shares of Welltower by 3.0% in the 2nd quarter. Wesbanco Bank Inc. now owns 13,053 shares of the real estate investment trust's stock worth $2,007,000 after purchasing an additional 377 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WELL has been the topic of a number of research reports. Wells Fargo & Company raised their price objective on Welltower from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Raymond James Financial reiterated a "strong-buy" rating on shares of Welltower in a report on Tuesday, September 2nd. Scotiabank raised their target price on Welltower from $172.00 to $181.00 and gave the company an "outperform" rating in a report on Thursday, August 28th. Finally, Evercore ISI raised their target price on Welltower from $175.00 to $183.00 and gave the company an "in-line" rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $175.80.

Welltower Price Performance

Shares of NYSE WELL opened at $168.83 on Tuesday. Welltower Inc. has a fifty-two week low of $122.34 and a fifty-two week high of $171.09. The business has a 50 day moving average price of $164.09 and a two-hundred day moving average price of $154.58. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. The firm has a market cap of $112.92 billion, a PE ratio of 95.38, a price-to-earnings-growth ratio of 1.90 and a beta of 0.93.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.22 by $0.06. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same quarter last year, the firm earned $1.05 EPS. Welltower's quarterly revenue was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Sell-side analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were paid a dividend of $0.74 per share. This is a boost from Welltower's previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, August 12th. This represents a $2.96 dividend on an annualized basis and a yield of 1.8%. Welltower's payout ratio is 167.23%.

Insiders Place Their Bets

In other Welltower news, Director Andrew Gundlach acquired 20,000 shares of the stock in a transaction on Monday, June 30th. The stock was purchased at an average price of $151.46 per share, for a total transaction of $3,029,200.00. Following the purchase, the director directly owned 20,000 shares in the company, valued at $3,029,200. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by company insiders.

Welltower Company Profile

Welltower Inc NYSE: WELL, a real estate investment trust ("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.

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