Varma Mutual Pension Insurance Co Invests $30.52 Million in Welltower Inc. $WELL

Varma Mutual Pension Insurance Co bought a new position in Welltower Inc. (NYSE:WELL) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 134,476 shares of the real estate investment trust’s stock, valued at approximately $30,522,000.

Other large investors have also recently bought and sold shares of the company. Westpac Banking Corp purchased a new stake in shares of Welltower in the second quarter worth $15,916,000. TRB Wealth Management LLC bought a new stake in Welltower during the second quarter valued at $379,000. Sumitomo Life Insurance Co. purchased a new position in Welltower during the second quarter worth about $3,256,000. Landscape Capital Management L.L.C. purchased a new position in Welltower during the second quarter worth about $9,434,000. Finally, Korea Investment CORP bought a new position in Welltower in the 2nd quarter worth about $203,172,000. 94.80% of the stock is owned by institutional investors.

Welltower Stock Performance

NYSE WELL opened at $239.95 on Friday. The company has a 50-day simple moving average of $232.48 and a two-hundred day simple moving average 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 12-month low of $163.75 and a 12-month high of $255.20. The firm has a market cap of $172.94 billion, a price-to-earnings ratio of 110.07, a PEG ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The company had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm’s quarterly revenue was up 39.1% compared to the same quarter last year. During the same period last year, the business 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 6.44 EPS for the current year.

Welltower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a 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 155.96%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Cantor Fitzgerald lifted their price target on Welltower from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft upped their price objective 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. BMO Capital Markets reaffirmed an “outperform” rating and issued a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Royal Bank Of Canada lifted their target price on shares of Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Raymond James Financial assumed coverage on shares of Welltower in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target for the company. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $246.11.

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.