Rakuten Investment Management Inc. Has $16.98 Million Holdings in Welltower Inc. $WELL

Rakuten Investment Management Inc. grew its position in shares of Welltower Inc. (NYSE:WELL) by 562.2% in the 4th quarter, HoldingsChannel reports. The fund owned 89,544 shares of the real estate investment trust’s stock after buying an additional 76,022 shares during the period. Rakuten Investment Management Inc.’s holdings in Welltower were worth $16,981,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of WELL. Norges Bank bought a new stake in shares of Welltower during the fourth quarter valued at approximately $5,466,264,000. Cardano Risk Management B.V. increased its holdings in shares of Welltower by 955.3% during the fourth quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after acquiring an additional 8,612,016 shares in the last quarter. Capital World Investors increased its holdings in shares of Welltower by 153.0% during the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after acquiring an additional 6,497,258 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Welltower by 4.7% during the third quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock valued at $15,993,121,000 after acquiring an additional 3,991,896 shares in the last quarter. Finally, Capital International Investors increased its holdings in shares of Welltower by 4.1% during the third quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock valued at $8,285,296,000 after acquiring an additional 1,842,934 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on WELL shares. Mizuho set a $239.00 price objective on Welltower in a report on Friday, May 22nd. Wells Fargo & Company lifted their target price on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Jefferies Financial Group lifted their target price on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Scotiabank lifted their target price on Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Finally, Weiss Ratings raised Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and an average target price of $231.60.

Welltower Stock Down 0.6%

WELL stock opened at $212.95 on Tuesday. The stock’s fifty day simple moving average is $210.18 and its two-hundred day simple moving average is $201.35. Welltower Inc. has a 1-year low of $148.97 and a 1-year high of $221.68. The stock has a market cap of $150.32 billion, a P/E ratio of 105.42, a P/E/G ratio of 1.11 and a beta of 0.79. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter in the prior year, the firm earned $1.20 EPS. The business’s revenue for the quarter was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Analysts expect that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a dividend of $0.74 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. Welltower’s dividend payout ratio is 146.53%.

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.