AIA Group Ltd Boosts Stock Position in Welltower Inc. $WELL

AIA Group Ltd boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 53.8% during the third quarter, Holdings Channel reports. The firm owned 24,000 shares of the real estate investment trust’s stock after acquiring an additional 8,400 shares during the quarter. AIA Group Ltd’s holdings in Welltower were worth $4,275,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of WELL. Norges Bank purchased a new stake in Welltower in the second quarter worth $4,903,554,000. Vanguard Group Inc. increased its position in Welltower by 4.7% during the 3rd 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 purchasing an additional 3,991,896 shares during the period. Capital World Investors raised its holdings in Welltower by 167.2% in the 3rd quarter. Capital World Investors now owns 4,247,262 shares of the real estate investment trust’s stock worth $756,607,000 after purchasing an additional 2,657,766 shares in the last quarter. Capital International Investors raised its holdings in Welltower by 4.1% in the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after purchasing an additional 1,842,934 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Welltower by 4.6% in the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after purchasing an additional 1,740,196 shares during the period. Institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on WELL shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $205.00 target price on shares of Welltower in a research note on Thursday, December 18th. Royal Bank Of Canada raised their price objective on shares of Welltower from $207.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Mizuho lifted their price objective on Welltower from $216.00 to $231.00 and gave the company an “outperform” rating in a research report on Wednesday, March 4th. KeyCorp upped their target price on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Finally, Wells Fargo & Company increased their target price on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $224.71.

Welltower Price Performance

Shares of NYSE:WELL opened at $205.96 on Friday. The business has a fifty day moving average price of $199.18 and a 200-day moving average price of $188.55. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. The company has a market capitalization of $143.71 billion, a PE ratio of 147.11, a PEG ratio of 1.43 and a beta of 0.82. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $216.43.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.01. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The company had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $2.93 billion. During the same quarter in the previous year, the business posted $1.13 EPS. Welltower’s revenue was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, equities analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, February 25th. Welltower’s dividend payout ratio is currently 211.43%.

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.