Meiji Yasuda America Inc Takes Position in Welltower Inc. $WELL

Meiji Yasuda America Inc acquired a new stake in shares of Welltower Inc. (NYSE:WELL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,993 shares of the real estate investment trust’s stock, valued at approximately $5,567,000. Welltower accounts for about 1.3% of Meiji Yasuda America Inc’s investment portfolio, making the stock its 23rd biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management UK Ltd. purchased a new stake in shares of Welltower during the third quarter valued at approximately $1,781,000. Benchmark Investment Advisors LLC bought a new position in shares of Welltower during the third quarter valued at approximately $901,000. AIA Group Ltd raised its holdings in shares of Welltower by 53.8% during the third quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock valued at $4,275,000 after acquiring an additional 8,400 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Welltower by 4.7% during the third quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock valued at $15,993,121,000 after acquiring an additional 3,991,896 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of Welltower by 12.7% during the third quarter. Van ECK Associates Corp now owns 359,093 shares of the real estate investment trust’s stock valued at $63,969,000 after acquiring an additional 40,360 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on WELL shares. BMO Capital Markets restated an “outperform” rating and set a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Scotiabank upped their target price on Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Morgan Stanley upped their target price on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Finally, Cantor Fitzgerald upped their target price on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $231.60.

Welltower Price Performance

WELL opened at $211.15 on Friday. The stock has a fifty day simple moving average of $209.67 and a two-hundred day simple moving average of $201.21. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The company has a market cap of $149.05 billion, a price-to-earnings ratio of 104.53, a price-to-earnings-growth ratio of 1.09 and a beta of 0.79. Welltower Inc. has a 12-month low of $148.97 and a 12-month high of $221.68.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter in the previous year, the business posted $1.20 EPS. The company’s quarterly revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Research analysts predict that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, May 13th. Welltower’s payout ratio is 146.53%.

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.