Nomura Asset Management Co. Ltd. Has $193.98 Million Stake in Welltower Inc. $WELL

Nomura Asset Management Co. Ltd. lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 6.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,261,839 shares of the real estate investment trust’s stock after acquiring an additional 77,941 shares during the period. Welltower accounts for about 0.5% of Nomura Asset Management Co. Ltd.’s portfolio, making the stock its 27th largest position. Nomura Asset Management Co. Ltd. owned approximately 0.19% of Welltower worth $193,983,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of WELL. SouthState Corp grew its stake in shares of Welltower by 704.8% in the 1st quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new stake in shares of Welltower during the first quarter valued at approximately $27,000. N.E.W. Advisory Services LLC bought a new stake in shares of Welltower during the first quarter valued at approximately $32,000. WPG Advisers LLC acquired a new position in shares of Welltower during the first quarter worth approximately $34,000. Finally, Saudi Central Bank bought a new position in shares of Welltower in the 1st quarter worth $38,000. 94.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. National Bankshares set a $246.00 price objective on shares of Welltower in a report on Friday, October 17th. Cantor Fitzgerald upped their target price on shares of Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Wall Street Zen cut shares of Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. KeyCorp boosted their price objective on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Finally, Wells Fargo & Company increased their price objective on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus price target of $190.07.

Welltower Trading Up 1.5%

NYSE:WELL opened at $193.86 on Monday. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $194.83. The firm has a 50-day moving average price of $176.02 and a two-hundred day moving average price of $163.71. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.19 and a current ratio of 5.47. The firm has a market cap of $133.05 billion, a price-to-earnings ratio of 133.69, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92.

Welltower (NYSE:WELL) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The company’s revenue was up 30.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th will be given a dividend of $0.74 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. Welltower’s dividend payout ratio (DPR) is currently 204.14%.

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.