KBC Group NV Sells 28,701 Shares of Welltower Inc. $WELL

KBC Group NV trimmed its stake in Welltower Inc. (NYSE:WELL - Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,037,439 shares of the real estate investment trust's stock after selling 28,701 shares during the period. KBC Group NV owned 0.14% of Welltower worth $235,468,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Revolve Wealth Partners LLC increased its position in shares of Welltower by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust's stock valued at $316,000 after buying an additional 45 shares during the period. Family Wealth Partners LLC lifted its holdings 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 worth $835,000 after buying an additional 48 shares during the period. Summit Securities Group LLC lifted its holdings in Welltower by 42.6% in the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust's stock worth $37,000 after buying an additional 49 shares during the period. Parkside Financial Bank & Trust boosted its position in Welltower by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust's stock valued at $367,000 after acquiring an additional 49 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in Welltower by 0.7% during the 1st quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust's stock valued at $1,416,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 94.80% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on WELL shares. Weiss Ratings downgraded Welltower from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, June 24th. UBS Group raised their target price on Welltower from $249.00 to $271.00 and gave the company a "buy" rating in a research note on Wednesday, July 8th. Barclays began coverage on Welltower in a research report on Tuesday, July 7th. They set an "equal weight" rating and a $254.00 price target on the stock. Scotiabank reduced their price target on Welltower from $248.00 to $232.00 and set a "sector outperform" rating on the stock in a research note on Thursday, June 18th. Finally, Royal Bank Of Canada increased their price objective on Welltower from $238.00 to $260.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Welltower currently has a consensus rating of "Moderate Buy" and a consensus price target of $246.11.

Welltower Stock Performance

Shares of WELL opened at $235.55 on Friday. 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 $169.77 billion, a P/E ratio of 108.05, a P/E/G ratio of 1.13 and a beta of 0.76. The business's 50 day moving average price is $229.65 and its 200-day moving average price is $214.01. Welltower Inc. has a 52 week low of $161.26 and a 52 week high of $255.20.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm's quarterly revenue was up 39.1% on a year-over-year basis. During the same period last year, the business earned $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities research analysts anticipate that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be issued a dividend of $0.85 per share. The ex-dividend date is Wednesday, August 12th. This is a boost from Welltower's previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. Welltower's dividend payout ratio is 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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