114,140 Shares in Welltower Inc. $WELL Purchased by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab purchased a new stake in Welltower Inc. (NYSE:WELL) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 114,140 shares of the real estate investment trust’s stock, valued at approximately $20,333,000.

A number of other hedge funds have also recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Welltower during the 2nd quarter valued at approximately $4,903,554,000. Vanguard Group Inc. increased its stake in shares of Welltower by 4.7% in the third quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after buying an additional 3,991,896 shares during the last quarter. Capital World Investors increased its stake in shares of Welltower by 167.2% in the third quarter. Capital World Investors now owns 4,247,262 shares of the real estate investment trust’s stock worth $756,607,000 after buying an additional 2,657,766 shares during the last quarter. Capital International Investors raised its holdings in Welltower by 4.1% in 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. Finally, State Street Corp raised its holdings in Welltower by 4.6% in the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after acquiring an additional 1,740,196 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on WELL shares. Wells Fargo & Company raised their price objective on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $205.00 target price on shares of Welltower in a research note on Thursday, December 18th. Cantor Fitzgerald increased their price target on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Scotiabank lifted their price target on Welltower from $214.00 to $236.00 and gave the stock a “sector outperform” rating in a research note on Monday, March 2nd. Finally, Citigroup boosted their price objective on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $224.71.

Welltower Stock Up 1.5%

WELL stock opened at $213.38 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $216.43. The firm has a fifty day moving average price of $198.31 and a two-hundred day moving average price of $188.28. The firm has a market cap of $148.88 billion, a price-to-earnings ratio of 152.41, a PEG ratio of 1.44 and a beta of 0.82.

Welltower (NYSE:WELL) last posted 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 the consensus estimate of $2.93 billion. During the same period last year, the firm posted $1.13 EPS. The company’s revenue for the quarter was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

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