Corient Private Wealth LP Invests $25.54 Million in Welltower Inc. $WELL

Corient Private Wealth LP purchased a new stake in shares of Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 112,540 shares of the real estate investment trust’s stock, valued at approximately $25,543,000.

A number of other large investors have also recently added to or reduced their stakes in WELL. BlackRock Inc. grew its holdings in shares of Welltower by 5.5% during 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 purchasing an additional 4,045,458 shares during the period. Capital International Investors raised its holdings in Welltower by 2.0% in the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after buying an additional 915,514 shares during the period. State Street Corp lifted its position in Welltower by 1.2% in the fourth quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after buying an additional 506,374 shares during the last quarter. Norges Bank purchased a new position in Welltower during the fourth quarter worth about $5,466,264,000. Finally, Bank of America Corp DE boosted its stake in Welltower by 6.6% during the first quarter. Bank of America Corp DE now owns 21,750,501 shares of the real estate investment trust’s stock worth $4,300,291,000 after buying an additional 1,347,243 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Andrew Gundlach acquired 5,000 shares of the stock in a transaction dated Tuesday, August 25th. The stock was acquired at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the transaction, the director owned 25,000 shares in the company, valued at $5,986,750. This represents a 25.00% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.37% of the company’s stock.

Welltower Price Performance

Shares of WELL opened at $237.51 on Friday. The company has a market cap of $171.18 billion, a P/E ratio of 108.95, a PEG ratio of 1.15 and a beta of 0.76. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week high of $255.20. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. The firm’s 50 day moving average price is $235.54 and its 200 day moving average price is $217.59.

Welltower (NYSE:WELL) last posted its quarterly earnings results 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 business had revenue of $3.54 billion during 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 business’s revenue was up 39.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, research analysts forecast that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WELL. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Evercore restated an “outperform” rating and issued a $260.00 price objective on shares of Welltower in a report on Thursday, July 30th. Mizuho increased their price objective on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. UBS Group lifted their target price on shares of Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Finally, Citigroup boosted their target price on Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.