Welltower Inc. $WELL Holdings Boosted by TCW Group Inc.

TCW Group Inc. raised its position in shares of Welltower Inc. (NYSE:WELL) by 8.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 617,510 shares of the real estate investment trust’s stock after acquiring an additional 46,280 shares during the period. Welltower accounts for 0.9% of TCW Group Inc.’s investment portfolio, making the stock its 24th biggest position. TCW Group Inc.’s holdings in Welltower were worth $140,156,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of WELL. Revolve Wealth Partners LLC boosted its position in shares of Welltower by 3.3% in 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 grew its holdings in shares of Welltower by 1.3% during the second quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust’s stock valued at $835,000 after buying an additional 48 shares in the last quarter. Parkside Financial Bank & Trust raised its position in Welltower by 2.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock valued at $367,000 after buying an additional 49 shares during the period. Parallel Advisors LLC raised its position in Welltower by 0.7% during the first quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock valued at $1,416,000 after buying an additional 50 shares during the period. Finally, KCM Investment Advisors LLC lifted its stake in Welltower by 3.2% in the 4th quarter. KCM Investment Advisors LLC now owns 1,678 shares of the real estate investment trust’s stock worth $311,000 after acquiring an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on WELL. Citigroup raised their price objective on Welltower from $255.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Jefferies Financial Group upped their target price on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. KeyCorp raised their price target on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Finally, UBS Group boosted their price objective on shares of Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $246.11.

Welltower Price Performance

Shares of NYSE:WELL opened at $235.55 on Friday. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a 1 year low of $161.26 and a 1 year high of $255.20. The business has a fifty day simple moving average of $229.65 and a 200 day simple moving average of $214.01. The firm has a market cap of $169.77 billion, a price-to-earnings ratio of 108.05, a P/E/G ratio of 1.12 and a beta of 0.76.

Welltower (NYSE:WELL) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter last year, the firm earned $1.28 EPS. The business’s revenue for the quarter was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, sell-side analysts predict that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be issued a dividend of $0.85 per share. The ex-dividend date is Wednesday, August 12th. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. This is a positive change from Welltower’s previous quarterly dividend of $0.74. Welltower’s dividend payout ratio is presently 155.96%.

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.