Voya Investment Management LLC Increases Stake in Welltower Inc. (NYSE:WELL)
Welltower Inc. (NYSE:WELL) recently enjoyed a boost in institutional investor ownership as Voya Investment Management LLC furnished fresh capital by elevating its position by 11.7% during the fourth quarter, according to the latest Form 13F filing with the Securities & Exchange Commission. The corporate financier also disclosed owning an additional 88,195 shares of the real estate investment trust’s stock, bringing their total ownership to approximately 840,995 shares. At the period’s end, Voya Investment Management LLC held 0.17% worth of Welltower stocks estimated to be worth about $55,127,000.
However, despite this recent progress in new investments and acquisitions, Welltower failed to meet analysts’ consensus estimate of $0.82 per share earnings for the last quarter ending in May 2021 when it reported a narrower-than-predicted $0.05 earnings per share (EPS). This poor display marked a significant reduction below what was expected and attracted varied interpretations across different quarters of market analysis and observation.
Welltower offers service solutions aimed at improving seniors’ health care infrastructure and invests in seniors housing operators, post-acute providers, and health systems. Its operations run through three operational segments consisting of Seniors Housing Operating, Triple-net, and Outpatient Medical networks.
The Seniors Housing Operating arm provides exclusive hospitality services to seniors residing in healthcare communities within medical facilities whose comfortability is paramount to Welltower’s customer satisfaction policy.
Onlookers predict that even though the business had revenue growth totaling $1.56 billion during the last quarter compared with analyst estimates of $1.57 billion –an increase of about 11.8%, they are expecting Welltower Inc.’s current end-of-year results may show an earning-per-share tally of roughly 3.48 before completion; considering the upward trend observed in institutional investors’ holdings. We eagerly anticipate developments from their end, hoping they will exceed expectations this time around.
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Welltower Inc.: Leading the Future of Senior Healthcare
Welltower Inc.: The Future of Senior Healthcare
Welltower Inc., a leading healthcare real estate investment trust, is making waves within the healthcare industry with its strong financials and dynamic business model centered around infrastructure provision and investments for senior housing operators, post-acute providers, and health systems. With a market capitalization of $39.97 billion, Welltower is gaining momentum in the stock market.
Institutional investors have been paying close attention to Welltower’s growth potential as Compass Wealth Management LLC recently bought a new stake in the company valued at $26,000 while Phocas Financial Corp acquired a new stake in Welltower during Q4 2020 worth $28,000. Covestor Ltd increased its stake in Welltower by 97.4% during Q1 2021. Clear Street Markets LLC also increased its stake in Welltower by 188.5% during Q4 2020 and CI Investments Inc raised their position by an outstanding 985.7% during Q3 of last year, indicating that institutional investors believe that Welltower is on a positive growth trajectory.
There are various market indicators demonstrating investor confidence for this company with NYSE WELL opening at $80.41 on Monday and boasting significant assets such as quick ratio of 2.04, current ratio of 2.04, debt-to-equity ratio of 0.71 and P/E ratio of approximately 350x with beta set at 1.05 while consistently achieving an all-time-high record over the past year reaching $86.83/share on May 17th.
Welltower’s award-winning business model operates through three core business segments including Seniors Housing Operating (SHO), Triple-net (NNN) and Outpatient Medical (OM). SHO houses seniors housing communities while NNN contains nursing homes reminiscent of long-term leases whereby tenants are responsible for maintaining each property leaving ownership costs solely to landlords. Meanwhile, the OM segment offers physician clinics and other outpatient facilities intending to better serve the larger health ecosystem.
Welltower has consistently demonstrated value investors with a quarterly dividend recently announced being paid on May 23rd. Shareholders of record on May 16th received a $0.61 dividend citing a $2.44 annualized dividend and an impressive yield of 3.03%. However, it should be noted that Welltower’s dividend payout ratio (DPR) is currently upwards of over 1,000% indicating management’s intentions to maintain its competitive standing within the industry by foregoing substantial return allocation towards growing their attractive market portfolio.
Many brokerages have issued reports regarding WELL including Citigroup who upgraded shares of Welltower from a “neutral” rating to a “buy” rating and increased its price target for the company from $70.00 to $81.00 in a research note dated April 5th while Royal Bank of Canada increased its target from $82.00 to $87.00 in mid-May this year with StockNews.com assuming coverage on shares of Welltower stating they are currently bearish during that same week.
In summary, Welltower Inc is continuously building innovative platforms delivering outstanding value healthcare systems by offering senior housing segments, triple-net leases and outpatient facilities to ensure proper patient care structures remain present into the future at affordable costs helping both parties meaningfully grow their business models simultaneously while subsequently boosting shareholder returns providing even more incentives for continued investment. Its position in the marketplace as well-being proponent is solidified by steady financials annually posting all-time-high records through shareholder growth potential, especially when combined with institutional investor support who believe that the company stands tall against similar entities providing potentially profitable opportunities for short- and long-term traders alike at different entry points, attracting interest from across all types of investors set out for sustainable gains within their style preferences amidst these challenging times brought forth through COVID-19 and the continuously evolving healthcare industry.