Welltower Inc. $WELL Shares Purchased by Korea Investment CORP

Korea Investment CORP raised its position in Welltower Inc. (NYSE:WELL) by 5.7% during the third quarter, HoldingsChannel reports. The firm owned 800,474 shares of the real estate investment trust’s stock after purchasing an additional 43,069 shares during the period. Korea Investment CORP’s holdings in Welltower were worth $142,596,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Munich Reinsurance Co Stock Corp in Munich acquired a new position in Welltower during the third quarter worth $176,000. Ameriflex Group Inc. increased its stake in shares of Welltower by 220.8% in the 3rd quarter. Ameriflex Group Inc. now owns 1,623 shares of the real estate investment trust’s stock worth $289,000 after acquiring an additional 1,117 shares during the last quarter. Angeles Wealth Management LLC raised its holdings in shares of Welltower by 7.8% during the 3rd quarter. Angeles Wealth Management LLC now owns 1,842 shares of the real estate investment trust’s stock worth $328,000 after acquiring an additional 133 shares during the period. Blair William & Co. IL raised its holdings in shares of Welltower by 0.6% during the 3rd quarter. Blair William & Co. IL now owns 31,778 shares of the real estate investment trust’s stock worth $5,661,000 after acquiring an additional 175 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of Welltower by 84.0% during the 3rd quarter. First Trust Advisors LP now owns 443,852 shares of the real estate investment trust’s stock valued at $79,068,000 after acquiring an additional 202,636 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WELL has been the subject of several analyst reports. Cantor Fitzgerald increased their price objective on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Morgan Stanley increased their price target on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $205.00 price objective on shares of Welltower in a research report on Thursday, December 18th. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Finally, Royal Bank Of Canada upped their target price on shares of Welltower from $207.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Welltower has an average rating of “Moderate Buy” and an average price target of $224.71.

Welltower Stock Down 0.5%

WELL stock opened at $204.09 on Friday. The company has a market cap of $142.40 billion, a price-to-earnings ratio of 145.78, a price-to-earnings-growth ratio of 1.39 and a beta of 0.82. The company has a fifty day moving average price of $195.27 and a 200 day moving average price of $186.07. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. Welltower Inc. has a 12 month low of $130.29 and a 12 month high of $216.43.

Welltower (NYSE:WELL) last released its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping the consensus estimate of $1.44 by $0.01. The business had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The company’s quarterly revenue was up 41.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.13 earnings per share. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Sell-side analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Wednesday, February 25th. Welltower’s dividend payout ratio is 211.43%.

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.