874,893 Shares in Welltower Inc. $WELL Purchased by Jupiter Topco LLC

Jupiter Topco LLC bought a new position in shares of Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 874,893 shares of the real estate investment trust’s stock, valued at approximately $198,455,000.

Other large investors have also modified their holdings of the company. Norges Bank bought a new position in shares of Welltower during the fourth quarter valued at approximately $5,466,264,000. Cardano Risk Management B.V. boosted its position in Welltower by 955.3% during the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after acquiring an additional 8,612,016 shares in the last quarter. Legal & General Group Plc bought a new stake in Welltower during the 2nd quarter valued at $1,599,351,000. Capital World Investors increased its holdings in shares of Welltower by 153.0% in the 4th quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after acquiring an additional 6,497,258 shares during the period. Finally, BlackRock Inc. raised its position in shares of Welltower by 5.5% in the 2nd quarter. BlackRock Inc. now owns 78,049,214 shares of the real estate investment trust’s stock worth $17,714,830,000 after acquiring an additional 4,045,458 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 0.3%

Shares of Welltower stock opened at $241.81 on Thursday. The firm’s 50 day simple moving average is $234.27 and its two-hundred day simple moving average is $217.15. The firm has a market capitalization of $174.28 billion, a price-to-earnings ratio of 110.92, a PEG ratio of 1.15 and a beta of 0.76. Welltower Inc. has a 12-month low of $163.75 and a 12-month high of $255.20. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37.

Welltower (NYSE:WELL) last posted 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 for the quarter, compared to analyst estimates of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The company’s quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts predict that Welltower Inc. will post 6.44 EPS for the current year.

Welltower Increases Dividend

The firm also recently announced 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 is a boost 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 payout ratio is presently 155.96%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft lifted 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. Raymond James Financial started coverage on shares of Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price for the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $245.00 price target on shares of Welltower in a report on Monday, May 4th. Finally, Cantor Fitzgerald upped their price target on Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $246.11.

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.