Pacer Advisors Inc. Acquires 5,344 Shares of Welltower Inc. $WELL

Pacer Advisors Inc. grew its holdings in Welltower Inc. (NYSE:WELL) by 10.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,697 shares of the real estate investment trust’s stock after acquiring an additional 5,344 shares during the period. Pacer Advisors Inc.’s holdings in Welltower were worth $10,895,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WELL. Vanguard Group Inc. grew its holdings in Welltower by 2.9% during the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after purchasing an additional 2,643,088 shares during the period. Capital International Investors grew its stake in shares of Welltower by 2.0% during the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after acquiring an additional 915,514 shares during the period. State Street Corp grew its stake in shares of Welltower by 1.2% during the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after acquiring an additional 506,374 shares during the period. Norges Bank purchased a new stake in Welltower in the 4th quarter worth approximately $5,466,264,000. Finally, Bank of America Corp DE raised its stake in Welltower by 5.3% during the 4th quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock worth $3,787,049,000 after acquiring an additional 1,024,668 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Raymond James Financial initiated coverage on shares of Welltower in a research note on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price on the stock. Mizuho set a $239.00 target price on shares of Welltower in a report on Friday, May 22nd. Scotiabank decreased their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday. Finally, Jefferies Financial Group boosted their price objective on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $230.25.

Welltower Price Performance

NYSE:WELL opened at $206.73 on Monday. The business’s 50-day moving average is $210.67 and its 200 day moving average is $201.42. 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 $145.93 billion, a P/E ratio of 102.34, a P/E/G ratio of 1.07 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 released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.34. The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities research analysts forecast 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. Investors of record on Wednesday, May 13th were given a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, May 13th. Welltower’s payout ratio is currently 146.53%.

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.