Welltower Inc. $WELL Position Raised by BlackRock Inc.

Key Points

• BlackRock increased its Welltower stake by 5.5% in the second quarter, adding 4.05 million shares to own approximately 10.83% of the healthcare REIT. Institutional investors collectively hold 94.8% of the company.
• Analyst sentiment remains favorable, with 14 Buy ratings and three Holds producing a consensus “Moderate Buy” rating and a $246.11 price target. Recent targets range as high as $275.
• Welltower raised its quarterly dividend to $0.85 per share, or $3.40 annually, a 1.4% yield. Shares opened at $235.97, while the company reported revenue growth of 39.1% year over year despite missing quarterly EPS estimates.

BlackRock Inc. grew its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 5.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 78,049,214 shares of the real estate investment trust's stock after acquiring an additional 4,045,458 shares during the quarter. BlackRock Inc. owned about 10.83% of Welltower worth $17,714,830,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Revolve Wealth Partners LLC boosted 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 worth $316,000 after buying an additional 45 shares during the period. Family Wealth Partners LLC increased its position in Welltower by 1.3% in the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust's stock valued at $835,000 after acquiring an additional 48 shares during the period. Summit Securities Group LLC increased its position in Welltower by 42.6% in the 2nd 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 during the period. Parkside Financial Bank & Trust raised its stake 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 raised its stake 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 and hedge funds own 94.80% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Wells Fargo & Company increased their price target on Welltower from $228.00 to $237.00 and gave the stock an "overweight" rating in a research note on Monday, June 1st. Cantor Fitzgerald lifted their price objective on shares of Welltower from $235.00 to $260.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Citigroup upped their price objective on shares of Welltower from $255.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Wall Street Zen raised shares of Welltower from a "sell" rating to a "hold" rating in a research note on Saturday, May 2nd. Finally, Barclays initiated coverage on shares of Welltower in a research report on Tuesday, July 7th. They set an "equal weight" rating and a $254.00 price target on the stock. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Welltower currently has a consensus rating of "Moderate Buy" and a consensus price target of $246.11.

Welltower Trading Up 0.2%

Shares of Welltower stock opened at $235.97 on Tuesday. The business has a fifty day simple moving average of $230.37 and a 200-day simple moving average of $214.59. Welltower Inc. has a fifty-two week low of $162.00 and a fifty-two week high of $255.20. The firm has a market cap of $170.07 billion, a price-to-earnings ratio of 108.24, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. 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 (NYSE:WELL - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.Welltower's revenue was up 39.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, equities analysts forecast that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th will be given a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 1.4%. This is a positive change from Welltower's previous quarterly dividend of $0.74. The ex-dividend date is Wednesday, August 12th. Welltower's dividend payout ratio (DPR) is presently 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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