Pacific Sun Financial Corp Invests $1.38 Million in Welltower Inc. $WELL

Pacific Sun Financial Corp bought a new stake in Welltower Inc. (NYSE:WELL) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 6,063 shares of the real estate investment trust’s stock, valued at approximately $1,376,000. Welltower makes up approximately 0.6% of Pacific Sun Financial Corp’s investment portfolio, making the stock its 29th largest holding.

A number of other hedge funds have also recently modified their holdings of WELL. Vanguard Group Inc. lifted its position in Welltower by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after acquiring an additional 2,643,088 shares during the last quarter. BlackRock Inc. boosted its stake in 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 acquiring an additional 4,045,458 shares in the last quarter. Capital International Investors boosted its stake in 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 acquiring an additional 915,514 shares in the last quarter. State Street Corp grew its holdings 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 worth $7,751,134,000 after purchasing an additional 506,374 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Welltower during the fourth quarter worth about $5,466,264,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Up 0.0%

Shares of Welltower stock opened at $235.38 on Wednesday. The company has a market cap of $169.65 billion, a P/E ratio of 107.97, a PEG ratio of 1.13 and a beta of 0.76. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. Welltower Inc. has a one year low of $162.29 and a one year high of $255.20. The firm has a fifty day moving average of $230.95 and a two-hundred day moving average of $214.96.

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

Welltower Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th will be issued a $0.85 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. Welltower’s dividend payout ratio is presently 155.96%.

Wall Street Analysts Forecast Growth

WELL has been the subject of several research reports. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Wells Fargo & Company raised their price target on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. KeyCorp lifted their price target on Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Barclays assumed coverage on Welltower in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.