Meiji Yasuda Asset Management Co Ltd. Purchases Shares of 41,957 Welltower Inc. $WELL

Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 41,957 shares of the real estate investment trust’s stock, valued at approximately $9,523,000.

A number of other hedge funds have also recently bought and sold shares of the company. Revolve Wealth Partners LLC boosted its position in Welltower by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock valued at $316,000 after purchasing an additional 45 shares during the last quarter. Family Wealth Partners LLC raised its stake in shares of Welltower by 1.3% during the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust’s stock worth $835,000 after purchasing an additional 48 shares in the last quarter. Summit Securities Group LLC lifted its holdings in shares of Welltower by 42.6% during the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 49 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Welltower by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock valued at $367,000 after buying an additional 49 shares during the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of Welltower by 0.7% in the 1st quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock valued at $1,416,000 after buying an additional 50 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Raymond James Financial assumed coverage on shares of Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective on the stock. UBS Group upped their price objective on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Cantor Fitzgerald raised their target price on Welltower from $235.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 31st. KeyCorp upped their price target on Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Evercore reiterated an “outperform” rating and issued a $260.00 target price on shares of Welltower in a research note on Thursday, July 30th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and an average price target of $246.11.

Welltower Stock Up 0.3%

Shares of NYSE:WELL opened at $239.95 on Monday. Welltower Inc. has a 12 month low of $163.75 and a 12 month high of $255.20. The firm has a market cap of $172.94 billion, a P/E ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. The company’s 50-day moving average price is $232.48 and its two-hundred day moving average price is $216.03.

Welltower (NYSE:WELL) last announced its quarterly earnings data 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). The firm had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm’s quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, research analysts forecast that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders 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 yield of 1.4%. The ex-dividend date was Wednesday, August 12th. Welltower’s dividend payout ratio is presently 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.