Landscape Capital Management L.L.C. Buys Shares of 41,567 Welltower Inc. $WELL

Landscape Capital Management L.L.C. purchased a new stake in Welltower Inc. (NYSE:WELL) during the second quarter, HoldingsChannel.com reports. The firm purchased 41,567 shares of the real estate investment trust’s stock, valued at approximately $9,434,000. Welltower accounts for 0.6% of Landscape Capital Management L.L.C.’s holdings, making the stock its 16th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Leonteq Securities AG increased its holdings in Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in 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 buying an additional 76 shares during the last quarter. Kilter Group LLC acquired a new position in shares of Welltower during the 2nd quarter worth about $29,000. Swiss RE Ltd. bought a new stake in shares of Welltower in the 4th quarter valued at about $29,000. Finally, Quarry LP bought a new stake in shares of Welltower in the 3rd quarter valued at about $33,000. 94.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on WELL shares. Raymond James Financial started coverage on shares of Welltower in a research note on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective on the stock. Scotiabank lowered their target price on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Barclays started coverage on Welltower in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 target price for the company. Finally, Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Welltower Stock Up 1.1%

Welltower stock opened at $239.95 on Friday. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a 1-year low of $163.75 and a 1-year high of $255.20. The company has a fifty day simple moving average of $232.48 and a 200 day simple moving average of $215.83. The company has a market cap of $172.94 billion, a P/E ratio of 110.07, a price-to-earnings-growth ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL) last issued 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). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same period last year, the firm earned $1.28 earnings per share. The company’s quarterly 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. Research analysts anticipate 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 given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend was Wednesday, August 12th. Welltower’s payout ratio is currently 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.