TD Waterhouse Canada Inc. Acquires 6,889 Shares of Welltower Inc. $WELL

TD Waterhouse Canada Inc. lifted its holdings in Welltower Inc. (NYSE:WELL) by 11.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,218 shares of the real estate investment trust’s stock after purchasing an additional 6,889 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Welltower were worth $15,021,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Concurrent Investment Advisors LLC grew its position in Welltower by 6.9% in the second quarter. Concurrent Investment Advisors LLC now owns 24,143 shares of the real estate investment trust’s stock valued at $5,480,000 after purchasing an additional 1,556 shares in the last quarter. NEOS Investment Management LLC lifted its position in Welltower by 12.6% during the 2nd quarter. NEOS Investment Management LLC now owns 248,161 shares of the real estate investment trust’s stock worth $56,325,000 after buying an additional 27,825 shares in the last quarter. Power Wealth Management LLC acquired a new position in shares of Welltower during the 2nd quarter worth about $244,000. Beacon Capital Management LLC acquired a new position in shares of Welltower during the 2nd quarter worth about $217,000. Finally, Paragon Private Wealth Management LLC bought a new position in shares of Welltower in the 2nd quarter valued at about $222,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Citigroup lifted their target price on Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Mizuho increased their price target 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. Royal Bank Of Canada upped their target price on shares of Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Wells Fargo & Company lifted their price target on Welltower from $237.00 to $266.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Jefferies Financial Group boosted their price target on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $251.06.

Insider Activity at Welltower

In other Welltower news, Director Andrew Gundlach purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was bought at an average cost of $239.47 per share, for a total transaction of $1,197,350.00. Following the completion of the transaction, the director owned 25,000 shares in the company, valued at approximately $5,986,750. This represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.37% of the company’s stock.

Welltower Stock Down 2.1%

WELL stock opened at $236.07 on Friday. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week 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 has a market capitalization of $170.15 billion, a price-to-earnings ratio of 108.29, a PEG ratio of 1.15 and a beta of 0.76. The business’s fifty day moving average price is $237.37 and its two-hundred day moving average price is $218.77.

Welltower (NYSE:WELL) last announced its 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). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The business had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the previous year, the firm posted $1.28 EPS. The company’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, equities analysts anticipate that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued a dividend of $0.85 per share. This is a boost from Welltower’s previous quarterly dividend of $0.74. 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. Welltower’s payout ratio is 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.