Benjamin Edwards Inc. Acquires 5,455 Shares of Welltower Inc. $WELL

Benjamin Edwards Inc. lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 28.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,629 shares of the real estate investment trust’s stock after buying an additional 5,455 shares during the period. Benjamin Edwards Inc.’s holdings in Welltower were worth $5,591,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Flputnam Investment Management Co. increased its position in shares of Welltower by 33.3% in the second quarter. Flputnam Investment Management Co. now owns 4,832 shares of the real estate investment trust’s stock valued at $1,097,000 after acquiring an additional 1,207 shares during the last quarter. Meiji Yasuda Life Insurance Co boosted its position in Welltower by 8.6% during the second quarter. Meiji Yasuda Life Insurance Co now owns 15,694 shares of the real estate investment trust’s stock valued at $3,562,000 after purchasing an additional 1,244 shares during the last quarter. New Mexico Educational Retirement Board boosted its position in Welltower by 13.0% during the second quarter. New Mexico Educational Retirement Board now owns 34,748 shares of the real estate investment trust’s stock valued at $7,887,000 after purchasing an additional 4,000 shares during the last quarter. Royal London Asset Management Ltd. grew its stake in Welltower by 0.8% in the second quarter. Royal London Asset Management Ltd. now owns 342,189 shares of the real estate investment trust’s stock valued at $77,667,000 after purchasing an additional 2,667 shares in the last quarter. Finally, Mufg Securities Americas Inc. increased its position in shares of Welltower by 10.1% during the 2nd quarter. Mufg Securities Americas Inc. now owns 21,261 shares of the real estate investment trust’s stock worth $4,826,000 after purchasing an additional 1,954 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Insider Buying and Selling

In related news, Director Andrew Gundlach purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were acquired at an average price of $239.47 per share, for a total transaction of $1,197,350.00. Following the purchase, the director owned 25,000 shares in the company, valued at approximately $5,986,750. This represents a 25.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WELL. Cantor Fitzgerald upped their price objective on Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Jefferies Financial Group boosted their target price on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. KeyCorp upped their price target on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Scotiabank cut their price target on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Finally, Royal Bank Of Canada lifted their price objective 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. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Welltower currently has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Welltower Trading Down 0.2%

Shares of Welltower stock opened at $237.51 on Monday. The business has a fifty day simple moving average of $235.54 and a two-hundred day simple moving average of $217.73. Welltower Inc. has a 1 year low of $163.75 and a 1 year high of $255.20. The company has a market capitalization of $171.18 billion, a price-to-earnings ratio of 108.95, a P/E/G ratio of 1.14 and a beta of 0.76. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16.

Welltower (NYSE:WELL) last released its quarterly earnings data 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 company had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. Welltower’s revenue for the quarter was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Research analysts forecast that Welltower Inc. will post 6.43 EPS for the current year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. Welltower’s 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.