Resona Asset Management Co. Ltd. Grows Position in Welltower Inc. $WELL

Resona Asset Management Co. Ltd. lifted its position in Welltower Inc. (NYSE:WELL) by 5.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 435,657 shares of the real estate investment trust’s stock after purchasing an additional 23,227 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Welltower were worth $85,345,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in WELL. Parkside Financial Bank & Trust grew its holdings in Welltower by 2.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock worth $367,000 after acquiring an additional 49 shares during the last quarter. KCM Investment Advisors LLC raised its stake in shares of Welltower by 3.2% during the fourth quarter. KCM Investment Advisors LLC now owns 1,678 shares of the real estate investment trust’s stock valued at $311,000 after acquiring an additional 52 shares during the last quarter. CYBER HORNET ETFs LLC raised its stake in shares of Welltower by 3.5% during the third quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock valued at $282,000 after acquiring an additional 53 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of Welltower by 4.2% during the fourth quarter. Verdence Capital Advisors LLC now owns 1,385 shares of the real estate investment trust’s stock worth $257,000 after purchasing an additional 56 shares during the period. Finally, Wedmont Private Capital boosted its holdings in shares of Welltower by 0.6% during the fourth quarter. Wedmont Private Capital now owns 9,279 shares of the real estate investment trust’s stock worth $1,723,000 after purchasing an additional 57 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WELL has been the topic of several recent analyst reports. Barclays assumed coverage on Welltower in a research note on Tuesday. They issued an “equal weight” rating and a $254.00 target price on the stock. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research report on Monday, May 4th. Scotiabank reduced their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $234.72.

Welltower Trading Down 1.5%

NYSE:WELL opened at $234.01 on Thursday. The company has a 50-day moving average price of $215.70 and a 200-day moving average price of $204.46. The stock has a market cap of $165.19 billion, a price-to-earnings ratio of 115.85, a P/E/G ratio of 1.17 and a beta of 0.77. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 12 month low of $150.70 and a 12 month high of $239.10.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter in the previous year, the company earned $1.20 earnings per share. Welltower’s quarterly revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities analysts predict that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.3%. Welltower’s dividend payout ratio is 146.53%.

About Welltower

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.