Pacific Sun Financial Corp Buys Shares of 6,063 Welltower Inc. $WELL

Key Points

• Pacific Sun Financial Corp purchased 6,063 Welltower shares worth approximately $1.38 million, while institutional investors and hedge funds collectively own 94.8% of the REIT.
• Analysts remain broadly bullish, with 14 Buy ratings and three Holds. Welltower has an average price target of $246.11, with recent targets reaching as high as $275.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, though earnings per share of $0.61 missed estimates. The company also raised its quarterly dividend to $0.85 per share, implying a 1.4% yield.

Pacific Sun Financial Corp purchased a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,063 shares of the real estate investment trust's stock, valued at approximately $1,376,000. Welltower makes up about 0.6% of Pacific Sun Financial Corp's investment portfolio, making the stock its 29th largest holding.

A number of other institutional investors have also modified their holdings of WELL. Dimensional Fund Advisors LP grew its position in Welltower by 0.7% in the 1st 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 position in shares of Welltower by 21.2% during the fourth quarter. KLP Kapitalforvaltning AS now owns 291,146 shares of the real estate investment trust's stock worth $54,040,000 after purchasing an additional 50,900 shares in the last quarter. Easterly Investment Partners LLC lifted its position in shares of 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 purchasing an additional 59,967 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Welltower by 331.4% in the first 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 period. Finally, Swiss National Bank boosted its stake 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 valued at $398,227,000 after purchasing an additional 181,400 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. UBS Group upped their target price on shares of Welltower from $249.00 to $271.00 and gave the stock a "buy" rating in a research note on Wednesday, July 8th. BMO Capital Markets reissued an "outperform" rating and issued a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. Citigroup boosted their price target on shares of Welltower from $255.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Evercore reaffirmed an "outperform" rating and set a $260.00 price objective on shares of Welltower in a research report on Thursday, July 30th. Finally, Wall Street Zen upgraded Welltower from a "sell" rating to a "hold" rating in a research note on Saturday, May 2nd. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $246.11.

Welltower Stock Performance

Shares of WELL stock opened at $235.38 on Wednesday. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. The firm has a fifty day moving average price of $230.95 and a 200 day moving average price of $214.96. The company has a market cap of $169.65 billion, a P/E ratio of 107.97, a PEG ratio of 1.13 and a beta of 0.76. Welltower Inc. has a 12 month low of $162.29 and a 12 month high of $255.20.

Welltower (NYSE:WELL - Get Free Report) last posted 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 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 quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Sell-side analysts predict that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be given a dividend of $0.85 per share. This is a boost from Welltower's previous quarterly dividend of $0.74. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. Welltower's dividend payout ratio is 155.96%.

Welltower 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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