Royal London Asset Management Ltd. Acquires 2,667 Shares of Welltower Inc. $WELL

Royal London Asset Management Ltd. grew its holdings in shares of Welltower Inc. (NYSE:WELL) by 0.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 342,189 shares of the real estate investment trust’s stock after buying an additional 2,667 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Welltower were worth $77,667,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mufg Securities Americas Inc. grew its position in Welltower by 10.1% in the second quarter. Mufg Securities Americas Inc. now owns 21,261 shares of the real estate investment trust’s stock worth $4,826,000 after acquiring an additional 1,954 shares in the last quarter. Van ECK Associates Corp raised its position in Welltower by 6.3% during the second quarter. Van ECK Associates Corp now owns 501,172 shares of the real estate investment trust’s stock valued at $113,751,000 after purchasing an additional 29,565 shares during the period. Nissay Asset Management Corp Japan raised its position in Welltower by 3.3% during the second quarter. Nissay Asset Management Corp Japan now owns 205,356 shares of the real estate investment trust’s stock valued at $46,610,000 after purchasing an additional 6,586 shares during the period. Kingsview Wealth Management LLC bought a new stake in shares of Welltower in the 2nd quarter valued at approximately $2,003,000. Finally, Beacon Pointe Advisors LLC bought a new stake in shares of Welltower in the 2nd quarter valued at approximately $4,607,000. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 0.9%

Shares of NYSE WELL opened at $237.51 on Friday. 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 business’s 50 day moving average price is $235.54 and its 200-day moving average price is $217.59. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week high of $255.20. The company has a market cap of $171.18 billion, a price-to-earnings ratio of 108.95, a PEG ratio of 1.15 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The business had revenue of $3.54 billion for 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%.Welltower’s revenue was up 39.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, sell-side analysts expect that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were paid a dividend of $0.85 per share. 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 payout ratio is presently 155.96%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on WELL. Cantor Fitzgerald lifted their target price on Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Mizuho raised their price target on Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Jefferies Financial Group lifted their price objective on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Fourteen 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, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $246.11.

Insider Activity

In related news, Director Andrew Gundlach purchased 5,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average cost of $239.47 per share, for a total transaction of $1,197,350.00. Following the completion of the acquisition, the director owned 25,000 shares in the company, valued at approximately $5,986,750. This trade represents a 25.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.37% of the company’s stock.

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.