Corient Private Wealth LP Invests $25.54 Million in Welltower Inc. $WELL

Corient Private Wealth LP acquired a new stake in Welltower Inc. (NYSE:WELL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 112,540 shares of the real estate investment trust’s stock, valued at approximately $25,543,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Perennial Investment Advisors LLC purchased a new stake in Welltower during the second quarter worth approximately $422,000. Ausdal Financial Partners Inc. acquired a new position in Welltower in the second quarter valued at approximately $617,000. Bamco Inc. NY purchased a new position in Welltower in the second quarter valued at approximately $279,641,000. Bank of America Corp DE purchased a new position in Welltower in the second quarter valued at approximately $4,425,089,000. Finally, Arini Capital Management Ltd acquired a new stake in Welltower during the second quarter worth approximately $9,079,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Evercore reiterated an “outperform” rating and set a $260.00 price target on shares of Welltower in a research note on Thursday, July 30th. KeyCorp boosted their price target on shares of Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Finally, Mizuho increased their price objective on Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and an average price target of $246.11.

Insider Buying and Selling at Welltower

In other news, Director Andrew Gundlach purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were acquired at an average cost of $239.47 per share, for a total transaction of $1,197,350.00. Following the completion of the purchase, the director directly owned 25,000 shares in the company, valued at $5,986,750. The trade was a 25.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.37% of the stock is currently owned by insiders.

Welltower Stock Down 0.9%

Welltower stock opened at $237.51 on Friday. The stock has a 50 day moving average of $235.54 and a two-hundred day moving average of $217.59. Welltower Inc. has a twelve month low of $163.75 and a twelve month high of $255.20. The stock has a market capitalization of $171.18 billion, a price-to-earnings ratio of 108.95, a PEG ratio of 1.15 and a beta of 0.76. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37.

Welltower (NYSE:WELL) last released 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 company had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. During the same period in the previous year, the firm posted $1.28 EPS. The company’s revenue for the quarter was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, research analysts expect that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued a $0.85 dividend. The ex-dividend date of this dividend was Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. Welltower’s payout ratio is presently 155.96%.

Welltower Company 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.