NewEdge Advisors LLC Purchases 27,345 Shares of Welltower Inc. $WELL

NewEdge Advisors LLC raised its position in Welltower Inc. (NYSE:WELL) by 13.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 238,162 shares of the real estate investment trust’s stock after purchasing an additional 27,345 shares during the period. NewEdge Advisors LLC’s holdings in Welltower were worth $54,056,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of WELL. California State Teachers Retirement System grew its holdings in shares of Welltower by 23,475.4% during the 2nd quarter. California State Teachers Retirement System now owns 244,081,495 shares of the real estate investment trust’s stock worth $55,399,177,000 after purchasing an additional 243,046,172 shares in the last quarter. BlackRock Inc. raised its stake in shares of Welltower by 5.5% in the second quarter. BlackRock Inc. now owns 78,049,214 shares of the real estate investment trust’s stock valued at $17,714,830,000 after purchasing an additional 4,045,458 shares in the last quarter. Capital International Investors raised its stake in shares of Welltower by 2.0% in the fourth 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 purchasing an additional 915,514 shares in the last quarter. 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 worth $7,751,134,000 after purchasing an additional 506,374 shares during the period. Finally, Norges Bank bought a new position in Welltower in the fourth quarter worth $5,466,264,000. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of WELL stock opened at $237.30 on Wednesday. The stock’s fifty day simple moving average is $237.74 and its 200 day simple moving average is $219.17. Welltower Inc. has a one year low of $163.75 and a one year high of $255.20. The firm has a market cap of $171.03 billion, a price-to-earnings ratio of 108.85, a P/E/G ratio of 1.13 and a beta of 0.76. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (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 company had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the prior year, the company earned $1.28 earnings per share. The business’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. On average, analysts expect that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. Welltower’s payout ratio is currently 155.96%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on WELL shares. KeyCorp lifted their price target on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Citigroup lifted their target price on shares of Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Mizuho upped their target price on shares of Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group upped their target price on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $251.06.

Insider Activity

In other news, Director Andrew Gundlach bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was acquired at an average price of $239.47 per share, for a total transaction of $1,197,350.00. Following the transaction, the director directly owned 25,000 shares of the company’s stock, valued at $5,986,750. This trade represents a 25.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.37% of the stock is owned by company insiders.

Welltower Profile

Welltower Inc is a real estate investment trust (REIT) that owns, operates and finances healthcare-related real estate. The company focuses on properties that support healthcare delivery and services, including senior housing communities, outpatient medical facilities and post-acute care properties.

Welltower partners with healthcare providers, senior housing operators and other service providers to develop and manage facilities designed to serve aging populations and patients requiring ongoing or specialized care.