Varma Mutual Pension Insurance Co Acquires Shares of 134,476 Welltower Inc. $WELL

Varma Mutual Pension Insurance Co acquired 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 (SEC). The firm acquired 134,476 shares of the real estate investment trust's stock, valued at approximately $30,522,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Leonteq Securities AG boosted its holdings in Welltower by 92.3% during the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 60 shares during the last quarter. Kilter Group LLC bought a new position in shares of Welltower during the 2nd quarter worth approximately $29,000. Sound Income Strategies LLC boosted its stake in shares of Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust's stock worth $27,000 after buying an additional 76 shares during the last quarter. Swiss RE Ltd. purchased a new position in shares of Welltower in the 4th quarter worth approximately $29,000. Finally, Summit Securities Group LLC grew its holdings in shares of Welltower by 42.6% in the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 49 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the company. KeyCorp lifted their price target on Welltower from $240.00 to $275.00 and gave the stock an "overweight" rating in a report on Tuesday, August 4th. Jefferies Financial Group upped their price objective on Welltower from $237.00 to $248.00 and gave the company a "buy" rating in a research note on Tuesday, May 12th. Scotiabank reduced their price objective on Welltower from $248.00 to $232.00 and set a "sector outperform" rating for the company in a research note on Thursday, June 18th. Evercore reaffirmed an "outperform" rating and set a $260.00 target price on shares of Welltower in a research report on Thursday, July 30th. Finally, Mizuho lifted their target price on Welltower from $239.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Welltower presently has a consensus rating of "Moderate Buy" and a consensus price target of $246.11.

Welltower Stock Up 1.1%

Welltower stock opened at $239.95 on Friday. The firm has a 50 day moving average price of $232.48 and a 200-day moving average price of $215.83. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a twelve month low of $163.75 and a twelve month high of $255.20. The company has a market capitalization of $172.94 billion, a P/E ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.05). The firm had revenue of $3.54 billion during the quarter, compared to analysts' expectations of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. Welltower's revenue for the quarter was up 39.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities analysts predict that Welltower Inc. will post 6.44 EPS for the current year.

Welltower Increases Dividend

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