Mitsubishi UFJ Trust & Banking Corp Decreases Stake in Welltower Inc. $WELL

Mitsubishi UFJ Trust & Banking Corp lessened its stake in Welltower Inc. (NYSE:WELL) by 0.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 502,837 shares of the real estate investment trust’s stock after selling 1,085 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.08% of Welltower worth $77,301,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in Welltower by 14.0% in the first quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock worth $3,261,792,000 after acquiring an additional 2,614,562 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Welltower by 41.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock valued at $1,367,226,000 after purchasing an additional 2,622,384 shares during the period. Northern Trust Corp increased its position in Welltower by 0.4% in the first quarter. Northern Trust Corp now owns 8,467,221 shares of the real estate investment trust’s stock worth $1,297,263,000 after buying an additional 36,725 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Welltower by 7.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust’s stock valued at $1,250,935,000 after purchasing an additional 532,135 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Welltower by 14.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,956,594 shares of the real estate investment trust’s stock valued at $1,065,820,000 after purchasing an additional 877,856 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Trading Down 0.3%

WELL stock opened at $191.65 on Thursday. The business has a fifty day moving average of $175.03 and a 200-day moving average of $163.04. The company has a market cap of $131.53 billion, a P/E ratio of 132.17, a PEG ratio of 1.93 and a beta of 0.92. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $192.81. The company has a quick ratio of 4.19, a current ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping the consensus estimate of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the previous year, the company earned $1.11 EPS. Welltower’s revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be issued a dividend of $0.74 per share. The ex-dividend date is Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.5%. Welltower’s dividend payout ratio is presently 204.14%.

Wall Street Analyst Weigh In

A number of research firms have commented on WELL. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a research report on Wednesday, October 8th. Cantor Fitzgerald raised their price objective on Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. National Bankshares set a $246.00 price target on Welltower in a research note on Friday, October 17th. Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Finally, UBS Group set a $203.00 price target on shares of Welltower in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $187.93.

About Welltower

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.