Global Retirement Partners LLC Acquires New Shares in Welltower Inc. $WELL

Key Points

• Global Retirement Partners acquired 14,473 Welltower shares worth approximately $3.3 million, while institutional investors collectively own 94.8% of the REIT.
• Analysts remain bullish: 14 rate Welltower a Buy and three rate it a Hold, producing a “Moderate Buy” consensus and an average price target of $246.11.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, but missed earnings estimates. The company also raised its quarterly dividend from $0.74 to $0.85 per share, equivalent to a 1.4% annual yield.

Global Retirement Partners LLC bought a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 14,473 shares of the real estate investment trust's stock, valued at approximately $3,285,000.

Several other institutional investors have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its stake in Welltower by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust's stock valued at $1,649,844,000 after acquiring an additional 57,938 shares in the last quarter. KLP Kapitalforvaltning AS lifted its stake in shares of Welltower by 21.2% in the 4th quarter. KLP Kapitalforvaltning AS now owns 291,146 shares of the real estate investment trust's stock valued at $54,040,000 after purchasing an additional 50,900 shares during the last quarter. Easterly Investment Partners LLC boosted its stake in Welltower by 184.9% during the fourth quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust's stock worth $17,151,000 after buying an additional 59,967 shares during the period. SG Americas Securities LLC grew its holdings in Welltower by 331.4% during the 1st quarter. SG Americas Securities LLC now owns 1,122,894 shares of the real estate investment trust's stock valued at $222,007,000 after purchasing an additional 862,586 shares during the last quarter. Finally, Swiss National Bank raised its holdings in shares of Welltower by 9.9% in the first quarter. Swiss National Bank now owns 2,014,200 shares of the real estate investment trust's stock worth $398,227,000 after buying an additional 181,400 shares during the period. Institutional investors own 94.80% of the company's stock.

Analyst Upgrades and Downgrades

WELL has been the subject of several research reports. Citigroup boosted their price objective on shares of Welltower from $255.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Evercore reaffirmed an "outperform" rating and set a $260.00 target price on shares of Welltower in a research report on Thursday, July 30th. Wells Fargo & Company boosted their price target on Welltower from $228.00 to $237.00 and gave the stock an "overweight" rating in a research report on Monday, June 1st. KeyCorp upped their price objective on Welltower from $240.00 to $275.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 4th. Finally, Jefferies Financial Group raised their price objective on Welltower from $237.00 to $248.00 and gave the company a "buy" rating in a research report on Tuesday, May 12th. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $246.11.

Welltower Trading Up 0.0%

Welltower stock opened at $235.55 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The stock has a market cap of $169.77 billion, a PE ratio of 108.05, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. The stock has a 50-day moving average of $229.65 and a two-hundred day moving average of $214.23. Welltower Inc. has a one year low of $161.26 and a one year high of $255.20.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by ($0.05). The business had revenue of $3.54 billion for 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%.Welltower's revenue was up 39.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, research analysts anticipate that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

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