Fairtree Asset Management Pty Ltd Invests $1.94 Million in Welltower Inc. $WELL

Key Points

• Fairtree Asset Management purchased 8,538 Welltower shares in the second quarter, valued at approximately $1.94 million. Institutional investors and hedge funds collectively own 94.8% of the REIT.
• Analysts remain broadly bullish, with 14 Buy ratings and three Holds producing a consensus “Moderate Buy” rating and an average price target of $246.11.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, though earnings per share missed estimates. The company also raised its quarterly dividend to $0.85 per share, or $3.40 annualized.

Fairtree Asset Management Pty Ltd purchased a new stake in Welltower Inc. (NYSE:WELL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,538 shares of the real estate investment trust's stock, valued at approximately $1,938,000.

A number of other large investors have also recently bought and sold shares of the business. Leonteq Securities AG grew its position in Welltower by 92.3% during the 1st 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 last quarter. Sound Income Strategies LLC raised its holdings 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 valued at $27,000 after buying an additional 76 shares during the last quarter. Kilter Group LLC acquired a new stake in shares of Welltower during the second quarter worth about $29,000. Swiss RE Ltd. acquired a new stake in shares of Welltower during the fourth quarter worth about $29,000. Finally, Quarry LP purchased a new position in shares of Welltower during the third quarter worth about $33,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. UBS Group boosted their price target on Welltower from $249.00 to $271.00 and gave the company a "buy" rating in a research report on Wednesday, July 8th. Mizuho increased their price objective on Welltower from $239.00 to $260.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 22nd. Weiss Ratings downgraded Welltower from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, June 24th. Cantor Fitzgerald boosted their target price on Welltower from $235.00 to $260.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Finally, BMO Capital Markets restated an "outperform" rating and issued a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company 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's fifty day simple moving average is $231.96 and its 200-day simple moving average is $215.66. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. The stock has a market cap of $171.23 billion, a PE ratio of 108.98, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week 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 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 net margin of 12.15% and a return on equity of 3.56%. The firm's revenue for the quarter was up 39.1% on a year-over-year basis. During the same quarter last year, the business earned $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts expect that Welltower Inc. will post 6.44 earnings per share for the current fiscal year.

Welltower Increases Dividend

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

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.

Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc. (NYSE:WELL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source