Mission Financial Group LLC Purchases Shares of 2,211 Welltower Inc. $WELL

Mission Financial Group LLC purchased a new stake in shares of Welltower Inc. (NYSE:WELL) during the 2nd quarter, HoldingsChannel reports. The fund purchased 2,211 shares of the real estate investment trust’s stock, valued at approximately $502,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Leonteq Securities AG grew its holdings in Welltower by 92.3% during the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 60 shares during the period. Sound Income Strategies LLC lifted its holdings in Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Kilter Group LLC bought a new position in shares of Welltower during the 2nd quarter valued at about $29,000. Swiss RE Ltd. acquired a new position in shares of Welltower in the 4th quarter worth approximately $29,000. Finally, Quarry LP bought a new stake in shares of Welltower in the 3rd quarter worth approximately $33,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of NYSE WELL opened at $239.95 on Monday. The business’s 50-day moving average price is $232.48 and its two-hundred day moving average price is $216.03. 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 Inc. has a one year low of $163.75 and a one year high of $255.20. The company has a market capitalization of $172.94 billion, a P/E ratio of 110.07, a price-to-earnings-growth ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The firm had revenue of $3.54 billion for the quarter, compared to analysts’ expectations of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm’s revenue for the quarter was up 39.1% on a year-over-year basis. During the same period last year, the business earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts anticipate that Welltower Inc. will post 6.44 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were issued a $0.85 dividend. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, August 12th. Welltower’s dividend payout ratio is currently 155.96%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on WELL shares. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. KeyCorp raised their price objective on Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Citigroup lifted their price objective on shares of Welltower from $255.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. BMO Capital Markets reissued an “outperform” rating and set a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Finally, Scotiabank reduced their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.11.

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.