25,500 Shares in Welltower Inc. $WELL Acquired by Pinnbrook Capital Management LP

Pinnbrook Capital Management LP purchased a new position in shares of Welltower Inc. (NYSE:WELL) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 25,500 shares of the real estate investment trust’s stock, valued at approximately $5,788,000.

Several other institutional investors and hedge funds have also bought and sold shares of WELL. Leonteq Securities AG increased its stake in shares of Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 60 shares during the period. Sound Income Strategies LLC raised its holdings in shares of Welltower by 124.6% during the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Kilter Group LLC acquired a new position in Welltower during the second quarter valued at $29,000. Swiss RE Ltd. acquired a new position in Welltower during the fourth quarter valued at $29,000. Finally, Quarry LP purchased a new stake in Welltower in the third quarter valued at $33,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Trading Up 1.1%

Shares of Welltower stock opened at $239.95 on Friday. The firm has a 50-day simple moving average of $232.48 and a two-hundred day simple moving average of $215.83. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. 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 $172.94 billion, a P/E ratio of 110.07, a price-to-earnings-growth ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 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 for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter last year, the business earned $1.28 earnings per share. Welltower’s revenue 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, equities analysts predict that Welltower Inc. will post 6.44 earnings per share for the current fiscal year.

Welltower Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders 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 an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio is 155.96%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Citigroup increased their price target on Welltower from $255.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Barclays assumed coverage on Welltower in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price objective for the company. Mizuho upped their target price on Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Raymond James Financial began coverage on Welltower in a report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price on the stock. Finally, Jefferies Financial Group lifted their price target on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $246.11.

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.