Sanctuary Advisors LLC Invests $44.70 Million in Welltower Inc. $WELL

Sanctuary Advisors LLC bought a new position in Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 196,946 shares of the real estate investment trust’s stock, valued at approximately $44,701,000.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new position in Welltower during the 4th quarter valued at approximately $5,466,264,000. Cardano Risk Management B.V. lifted its holdings in Welltower by 955.3% in the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock worth $1,765,808,000 after buying an additional 8,612,016 shares during the period. Capital World Investors grew its position 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 worth $1,994,290,000 after buying an additional 6,497,258 shares during the last quarter. BlackRock Inc. grew 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 buying an additional 4,045,458 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Welltower by 2.9% during the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after buying an additional 2,643,088 shares during the period. 94.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on WELL shares. Citigroup upped their target price on Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a report on Friday, July 31st. Evercore reiterated an “outperform” rating and issued a $260.00 price target on shares of Welltower in a report on Thursday, July 30th. KeyCorp upped their price objective on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Scotiabank decreased their price objective on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Finally, UBS Group raised their target price on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $246.11.

Welltower Stock Up 0.3%

WELL stock opened at $239.95 on Monday. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week high of $255.20. The company has a market capitalization of $172.94 billion, a price-to-earnings ratio of 110.07, a price-to-earnings-growth ratio of 1.14 and a beta of 0.76. 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 quick ratio of 3.16 and a current ratio of 3.16.

Welltower (NYSE:WELL) last released its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the business earned $1.28 EPS. The company’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. As a group, analysts forecast 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. Shareholders of record on Wednesday, August 12th were given a dividend of $0.85 per share. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, August 12th. Welltower’s payout ratio is 155.96%.

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.