Welltower Inc. $WELL Shares Purchased by Van Lanschot Kempen Investment Management N.V.

Key Points

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Van Lanschot Kempen Investment Management N.V. increased its position in Welltower Inc. (NYSE:WELL - Free Report) by 32.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 117,786 shares of the real estate investment trust's stock after purchasing an additional 28,674 shares during the quarter. Van Lanschot Kempen Investment Management N.V.'s holdings in Welltower were worth $18,046,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WELL. Wellington Management Group LLP increased its stake in shares of Welltower by 14.0% during the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust's stock valued at $3,261,792,000 after buying an additional 2,614,562 shares during the period. Bank of America Corp DE increased its position in Welltower by 9.7% during the 4th quarter. Bank of America Corp DE now owns 18,706,788 shares of the real estate investment trust's stock valued at $2,357,617,000 after purchasing an additional 1,652,611 shares during the period. Northern Trust Corp increased its position in Welltower by 0.4% during the 1st quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust's stock valued at $1,297,263,000 after purchasing an additional 36,725 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Welltower by 10.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,632,705 shares of the real estate investment trust's stock valued at $961,950,000 after purchasing an additional 712,279 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Welltower by 14.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,956,594 shares of the real estate investment trust's stock worth $1,065,820,000 after purchasing an additional 877,856 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Up 0.5%

NYSE:WELL traded up $0.7730 during mid-day trading on Thursday, hitting $166.7630. 2,285,140 shares of the company's stock traded hands, compared to its average volume of 2,533,896. The company has a fifty day moving average of $159.00 and a 200 day moving average of $152.16. Welltower Inc. has a twelve month low of $116.50 and a twelve month high of $171.09. The company has a market capitalization of $111.54 billion, a P/E ratio of 94.22, a P/E/G ratio of 1.87 and a beta of 0.93. 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 quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter last year, the company earned $1.05 earnings per share. The company's quarterly revenue was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th will be paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, August 12th. This is a positive change from Welltower's previous quarterly dividend of $0.67. Welltower's dividend payout ratio (DPR) is currently 167.23%.

Insider Activity

In related news, Director Andrew Gundlach acquired 20,000 shares of the stock in a transaction dated Monday, June 30th. The stock was acquired at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the completion of the purchase, the director owned 20,000 shares of the company's stock, valued at approximately $3,029,200. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.21% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Scotiabank reissued an "outperform" rating on shares of Welltower in a report on Monday, June 23rd. Evercore ISI lifted their price target on Welltower from $162.00 to $175.00 and gave the company an "in-line" rating in a report on Wednesday, July 30th. Wall Street Zen lowered Welltower from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Morgan Stanley raised their price objective on Welltower from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Finally, Wells Fargo & Company lifted their target price on Welltower from $158.00 to $175.00 and gave the company an "overweight" rating in a research note on Monday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $173.10.

Welltower 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.