Heartland Bank & Trust Co Purchases Shares of 2,816 Welltower Inc. $WELL

Heartland Bank & Trust Co acquired a new position in shares of Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,816 shares of the real estate investment trust’s stock, valued at approximately $639,000.

Other hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in shares of Welltower by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust’s stock worth $1,649,844,000 after acquiring an additional 57,938 shares during the period. Easterly Investment Partners LLC increased its stake in Welltower by 184.9% in the fourth quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust’s stock valued at $17,151,000 after acquiring an additional 59,967 shares during the period. SG Americas Securities LLC raised its position in Welltower by 331.4% in the first quarter. SG Americas Securities LLC now owns 1,122,894 shares of the real estate investment trust’s stock worth $222,007,000 after purchasing an additional 862,586 shares in the last quarter. Swiss National Bank lifted its stake in Welltower by 9.9% during the first quarter. Swiss National Bank now owns 2,014,200 shares of the real estate investment trust’s stock worth $398,227,000 after purchasing an additional 181,400 shares during the period. Finally, Dai ichi Life Insurance Company Ltd lifted its stake in Welltower by 26.6% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 43,932 shares of the real estate investment trust’s stock worth $8,686,000 after purchasing an additional 9,217 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Welltower stock opened at $239.95 on Friday. The business’s fifty day moving average is $232.48 and its two-hundred day moving average is $215.83. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The firm has a market cap of $172.94 billion, a P/E ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76. Welltower Inc. has a 52 week low of $163.75 and a 52 week high of $255.20.

Welltower (NYSE:WELL) last posted its quarterly earnings data 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 net margin of 12.15% and a return on equity of 3.56%. The company had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the previous year, the business posted $1.28 EPS. The company’s revenue was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities research analysts forecast that Welltower Inc. will post 6.44 earnings per share for the current fiscal year.

Welltower Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Jefferies Financial Group upped their price objective on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. UBS Group increased their price objective on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Scotiabank cut their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. BMO Capital Markets restated an “outperform” rating and issued a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Finally, Royal Bank Of Canada increased their target price on shares of Welltower from $238.00 to $260.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and an average price target of $246.11.

Welltower 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.