Equitable Holdings Inc. Takes $1.72 Million Position in Welltower Inc. $WELL

Equitable Holdings Inc. acquired a new position in Welltower Inc. (NYSE:WELL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,584 shares of the real estate investment trust's stock, valued at approximately $1,721,000.

A number of other institutional investors have also recently bought and sold shares of the business. Leonteq Securities AG boosted its holdings in shares of Welltower by 92.3% during the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 60 shares during the period. Kilter Group LLC purchased a new stake in Welltower in the 2nd quarter worth approximately $29,000. Sound Income Strategies LLC boosted its stake in shares of Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 76 shares during the period. Solstein Capital LLC purchased a new position in shares of Welltower during the 2nd quarter valued at $34,000. Finally, Swiss RE Ltd. acquired a new position in shares of Welltower in the fourth quarter worth $29,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

Shares of NYSE WELL opened at $237.51 on Friday. The business's 50-day simple moving average is $235.54 and its 200-day simple moving average is $217.59. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. Welltower Inc. has a 52 week low of $163.75 and a 52 week high of $255.20. The firm has a market cap of $171.18 billion, a price-to-earnings ratio of 108.95, a P/E/G ratio of 1.15 and a beta of 0.76.

Welltower (NYSE:WELL - Get Free Report) last posted 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 company had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm's revenue for the quarter was up 39.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities research analysts expect that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend 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 payout ratio is currently 155.96%.

Insider Transactions at Welltower

In other news, Director Andrew Gundlach bought 5,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were acquired at an average cost of $239.47 per share, for a total transaction of $1,197,350.00. Following the purchase, the director owned 25,000 shares of the company's stock, valued at $5,986,750. This represents a 25.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.37% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on WELL shares. Weiss Ratings cut Welltower from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, June 24th. Wall Street Zen upgraded Welltower from a "sell" rating to a "hold" rating in a report on Saturday, May 2nd. Cantor Fitzgerald boosted their price target on Welltower from $235.00 to $260.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. KeyCorp increased their price objective on Welltower from $240.00 to $275.00 and gave the stock an "overweight" rating in a report on Tuesday, August 4th. Finally, Scotiabank cut their price objective on shares of Welltower from $248.00 to $232.00 and set a "sector outperform" rating on the stock in a research report on Thursday, June 18th. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average 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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