Dai ichi Life Insurance Company Ltd Acquires 9,217 Shares of Welltower Inc. $WELL

Dai ichi Life Insurance Company Ltd boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 26.6% in the first quarter, Holdings Channel.com reports. The fund owned 43,932 shares of the real estate investment trust’s stock after buying an additional 9,217 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Welltower were worth $8,686,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WELL. Leonteq Securities AG boosted its position in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC grew its stake 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 period. Marquette Asset Management LLC increased its holdings in Welltower by 62.8% in the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares during the last quarter. Swiss RE Ltd. bought a new stake in Welltower in the fourth quarter valued at about $29,000. Finally, Financial Consulate Inc. acquired a new position in Welltower in the fourth quarter valued at about $34,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

WELL stock opened at $252.50 on Friday. Welltower Inc. has a 1-year low of $158.24 and a 1-year high of $252.94. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The firm has a market cap of $178.24 billion, a PE ratio of 125.00, a P/E/G ratio of 1.21 and a beta of 0.77. The business’s 50-day moving average price is $221.76 and its two-hundred day moving average price is $208.84.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.34. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, research analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio is presently 146.53%.

Wall Street Analysts Forecast Growth

WELL has been the subject of several analyst reports. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $238.00 price target on shares of Welltower in a research report on Monday, June 15th. Mizuho lifted their price objective on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday. Raymond James Financial started coverage on shares of Welltower in a report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective for the company. Finally, Jefferies Financial Group upped their target price on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $235.89.

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.