Allianz SE Buys 34,287 Shares of Welltower Inc. $WELL

Allianz SE increased its position in Welltower Inc. (NYSE:WELL) by 422.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,397 shares of the real estate investment trust’s stock after purchasing an additional 34,287 shares during the period. Allianz SE’s holdings in Welltower were worth $7,869,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Welltower in the 4th quarter worth about $5,466,264,000. Capital World Investors increased its holdings in Welltower by 153.0% in the 4th quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock worth $1,994,290,000 after acquiring an additional 6,497,258 shares during the last quarter. Vanguard Group Inc. increased its holdings in Welltower by 4.7% in the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after acquiring an additional 3,991,896 shares during the last quarter. Capital International Investors increased 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 acquiring an additional 1,842,934 shares during the last quarter. Finally, State Street Corp grew its holdings in Welltower by 4.1% during the 3rd quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock valued at $7,348,979,000 after buying an additional 1,637,665 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Trading Up 1.6%

Welltower stock opened at $213.96 on Friday. 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 business’s fifty day simple moving average is $209.96 and its two-hundred day simple moving average is $201.30. Welltower Inc. has a 12 month low of $148.97 and a 12 month high of $221.68. The company has a market capitalization of $151.03 billion, a price-to-earnings ratio of 105.92, a price-to-earnings-growth ratio of 1.09 and a beta of 0.79.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the previous year, the company posted $1.20 earnings per share. The company’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. As a group, equities analysts predict that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. UBS Group lifted their target price on Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a report on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and set a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Scotiabank boosted their target price on Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Finally, Wells Fargo & Company boosted their price objective on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $231.60.

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.