Pensionfund Sabic Sells 1,000 Shares of Welltower Inc. $WELL

Pensionfund Sabic reduced its holdings in shares of Welltower Inc. (NYSE:WELL) by 3.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,559 shares of the real estate investment trust’s stock after selling 1,000 shares during the quarter. Welltower makes up about 1.3% of Pensionfund Sabic’s portfolio, making the stock its 11th biggest holding. Pensionfund Sabic’s holdings in Welltower were worth $4,222,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in WELL. Nuveen LLC bought a new position in shares of Welltower during the 1st quarter worth approximately $762,204,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Welltower by 41.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock worth $1,367,226,000 after acquiring an additional 2,622,384 shares during the period. Wellington Management Group LLP boosted its stake in shares of Welltower by 14.0% during the 1st quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock worth $3,261,792,000 after acquiring an additional 2,614,562 shares during the period. GAMMA Investing LLC boosted its stake in shares of Welltower by 17,343.3% during the 1st quarter. GAMMA Investing LLC now owns 1,738,052 shares of the real estate investment trust’s stock worth $266,287,000 after acquiring an additional 1,728,088 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Welltower during the 4th quarter worth approximately $194,272,000. 94.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Evercore ISI lifted their target price on Welltower from $162.00 to $175.00 and gave the stock an “in-line” rating in a research note on Wednesday, July 30th. Wells Fargo & Company upped their price objective on Welltower from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Wednesday, August 27th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Finally, Scotiabank upped their price objective on Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $175.00.

Welltower Stock Performance

Shares of NYSE WELL opened at $169.09 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The stock’s fifty day moving average price is $163.79 and its two-hundred day moving average price is $154.43. Welltower Inc. has a one year low of $122.34 and a one year high of $171.09. The firm has a market cap of $113.09 billion, a price-to-earnings ratio of 95.53, a P/E/G ratio of 1.90 and a beta of 0.93.

Welltower (NYSE:WELL) last released its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The company’s revenue was up 39.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. On average, equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.67. Welltower’s dividend payout ratio is currently 167.23%.

Insider Buying and Selling at Welltower

In related news, Director Andrew Gundlach bought 20,000 shares of the business’s stock in a transaction dated Monday, June 30th. The stock was purchased at an average cost of $151.46 per share, for a total transaction of $3,029,200.00. Following the transaction, the director owned 20,000 shares in the company, valued at $3,029,200. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.21% of the company’s stock.

About Welltower

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.