Nissay Asset Management Corp Japan Buys 6,586 Shares of Welltower Inc. $WELL

Nissay Asset Management Corp Japan lifted its stake in Welltower Inc. (NYSE:WELL) by 3.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 205,356 shares of the real estate investment trust’s stock after buying an additional 6,586 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Welltower were worth $46,610,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. increased its stake in Welltower by 5.5% during the 2nd 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 grew its holdings in shares of Welltower by 2.0% during 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 buying an additional 915,514 shares during the last quarter. State Street Corp increased its position in shares of Welltower by 1.2% during the fourth quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after acquiring an additional 506,374 shares in the last quarter. Norges Bank purchased a new position in Welltower in the 4th quarter worth approximately $5,466,264,000. Finally, Bank of America Corp DE lifted its position in Welltower by 6.6% in the 1st quarter. Bank of America Corp DE now owns 21,750,501 shares of the real estate investment trust’s stock valued at $4,300,291,000 after acquiring an additional 1,347,243 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

WELL stock opened at $237.51 on Friday. The company has a market cap of $171.18 billion, a P/E ratio of 108.95, a price-to-earnings-growth ratio of 1.15 and a beta of 0.76. Welltower Inc. has a 1 year low of $163.75 and a 1 year high of $255.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The stock’s fifty day moving average price is $235.54 and its 200-day moving average price is $217.59.

Welltower (NYSE:WELL) last issued its quarterly earnings data 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). The firm had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business’s revenue was up 39.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, equities analysts forecast that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on WELL. Scotiabank reduced their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Evercore reiterated an “outperform” rating and issued a $260.00 price objective on shares of Welltower in a report on Thursday, July 30th. Wells Fargo & Company boosted their target price on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Cantor Fitzgerald lifted their price target on shares of Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Insider Activity at Welltower

In other Welltower news, Director Andrew Gundlach purchased 5,000 shares of Welltower stock in a transaction dated Tuesday, August 25th. The stock was purchased at an average price of $239.47 per share, with a total value 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.37% of the stock is owned by insiders.

Welltower Company 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.