Danske Bank A S Purchases New Stake in Welltower Inc. $WELL

Danske Bank A S purchased a new stake in shares of Welltower Inc. (NYSE:WELL) in the second quarter, Holdings Channel reports. The firm purchased 417,137 shares of the real estate investment trust’s stock, valued at approximately $94,678,000.

Several other institutional investors have also recently bought and sold shares of the business. Leonteq Securities AG grew its holdings in shares of Welltower by 92.3% during the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 60 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of Welltower by 124.6% during the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Swiss RE Ltd. acquired a new stake in shares of Welltower in the 4th quarter worth about $29,000. Quarry LP acquired a new stake in shares of Welltower in the 3rd quarter worth about $33,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Welltower in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 0.0%

WELL opened at $235.38 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The company’s 50-day moving average is $230.95 and its 200 day moving average is $214.96. Welltower Inc. has a fifty-two week low of $162.29 and a fifty-two week high of $255.20. The firm has a market capitalization of $169.65 billion, a P/E ratio of 107.97, a PEG ratio of 1.13 and a beta of 0.76.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter last year, the firm posted $1.28 earnings per share. The firm’s revenue for the quarter was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Research analysts expect that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be paid a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, August 12th. This is a boost from Welltower’s previous quarterly dividend of $0.74. Welltower’s dividend payout ratio (DPR) is presently 155.96%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Royal Bank Of Canada lifted their price target on Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. Mizuho raised their target price on Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Evercore reaffirmed an “outperform” rating and set a $260.00 target price on shares of Welltower in a research report on Thursday, July 30th. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Welltower currently 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.