Robeco Institutional Asset Management B.V. Grows Stock Holdings in Welltower Inc. $WELL

Key Points

• Robeco Institutional Asset Management increased its holdings in Welltower Inc. by 3.8%, bringing their total to 403,359 shares valued at approximately $62 million.
• Several other hedge funds also raised their positions, with Trust Co. of Vermont leading at a 124.5% increase during the second quarter.
• Welltower reported a quarterly EPS of $1.28 exceeding expectations, along with an increased quarterly dividend from $0.67 to $0.74, reflecting a strong growth trajectory.

Robeco Institutional Asset Management B.V. raised its position in Welltower Inc. (NYSE:WELL - Free Report) by 3.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 403,359 shares of the real estate investment trust's stock after acquiring an additional 14,688 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.06% of Welltower worth $62,008,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. BSW Wealth Partners increased its position in shares of Welltower by 2.5% during the second quarter. BSW Wealth Partners now owns 4,777 shares of the real estate investment trust's stock valued at $734,000 after buying an additional 116 shares during the period. SOA Wealth Advisors LLC. increased its position in shares of Welltower by 10.5% during the second quarter. SOA Wealth Advisors LLC. now owns 10,376 shares of the real estate investment trust's stock valued at $1,595,000 after buying an additional 983 shares during the period. First Pacific Financial increased its position in shares of Welltower by 51,428.6% during the second quarter. First Pacific Financial now owns 25,249 shares of the real estate investment trust's stock valued at $3,882,000 after buying an additional 25,200 shares during the period. QTR Family Wealth LLC increased its position in shares of Welltower by 11.3% during the second quarter. QTR Family Wealth LLC now owns 1,897 shares of the real estate investment trust's stock valued at $292,000 after buying an additional 192 shares during the period. Finally, Trust Co. of Vermont increased its position in shares of Welltower by 124.5% during the second quarter. Trust Co. of Vermont now owns 422 shares of the real estate investment trust's stock valued at $65,000 after buying an additional 234 shares during the period. Hedge funds and other institutional investors own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. KeyCorp boosted their price target on shares of Welltower from $150.00 to $200.00 and gave the company an "overweight" rating in a research report on Tuesday, September 23rd. Raymond James Financial reiterated a "strong-buy" rating on shares of Welltower in a research report on Tuesday, September 2nd. Cantor Fitzgerald started coverage on shares of Welltower in a report on Wednesday. They issued an "overweight" rating and a $195.00 price objective on the stock. UBS Group started coverage on shares of Welltower in a report on Friday, September 19th. They issued a "buy" rating and a $195.00 price objective on the stock. Finally, Evercore ISI upped their price objective on shares of Welltower from $175.00 to $183.00 and gave the stock an "in-line" rating in a report on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Welltower presently has an average rating of "Moderate Buy" and a consensus price target of $180.62.

Welltower Trading Down 2.1%

Shares of NYSE WELL opened at $175.65 on Friday. The firm's 50 day moving average price is $167.78 and its 200-day moving average price is $156.47. The company has a market cap of $117.48 billion, a PE ratio of 99.24, a P/E/G ratio of 2.02 and a beta of 0.92. Welltower Inc. has a 52-week low of $122.34 and a 52-week high of $180.40. The company has a debt-to-equity ratio of 0.44, a quick ratio of 4.19 and a current ratio of 4.19.

Welltower (NYSE:WELL - Get Free Report) last issued its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business's revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were paid a $0.74 dividend. This is a boost from Welltower's previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, August 12th. Welltower's payout ratio is currently 167.23%.

Welltower Company Profile

Welltower Inc NYSE: WELL, a real estate investment trust ("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.

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