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

Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Welltower Inc. (NYSE:WELL) by 0.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 500,081 shares of the real estate investment trust’s stock after selling 2,756 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Welltower were worth $89,084,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in WELL. Global Wealth Strategies & Associates purchased a new position in shares of Welltower in the third quarter valued at about $36,000. Newbridge Financial Services Group Inc. grew its stake in shares of Welltower by 39.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 87 shares during the last quarter. Copia Wealth Management bought a new stake in shares of Welltower in the second quarter worth about $51,000. NewSquare Capital LLC increased its holdings in Welltower by 30.2% during the 2nd quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 84 shares during the period. Finally, Salomon & Ludwin LLC bought a new position in Welltower during the 3rd quarter valued at approximately $59,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on WELL shares. UBS Group cut their price objective on Welltower from $232.00 to $228.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. Loop Capital set a $196.00 price objective on shares of Welltower in a research report on Wednesday, October 29th. Morgan Stanley upped their price objective on shares of Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $205.00 target price on shares of Welltower in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Performance

Shares of WELL stock opened at $183.56 on Friday. Welltower Inc. has a 12 month low of $130.29 and a 12 month high of $209.05. The stock has a market cap of $125.98 billion, a PE ratio of 126.60, a price-to-earnings-growth ratio of 1.26 and a beta of 0.86. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The company’s fifty day moving average price is $192.23 and its 200-day moving average price is $177.81.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (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 analyst estimates of $2.70 billion. During the same period last year, the business earned $1.11 EPS. Welltower’s quarterly revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, November 10th. Welltower’s dividend payout ratio (DPR) is presently 204.14%.

Welltower Company 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.