BlackRock Amends WELLTOWER Stake Filing, Signals Continued Confidence

TL;DR

**BlackRock still owns a big chunk of WELLTOWER, a bullish sign for the stock!**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership of WELLTOWER INC. common stock as of December 31, 2023. This filing, an amendment to a previous Schedule 13G, shows BlackRock continues to be a significant institutional holder in the real estate investment trust (REIT). For investors, this matters because BlackRock's continued substantial stake signals confidence from a major institutional investor in WELLTOWER INC.'s long-term prospects, potentially influencing other investors' perceptions and the stock's stability.

Why It Matters

This filing confirms BlackRock, a global investment giant, maintains a notable position in WELLTOWER INC., suggesting their ongoing belief in the company's value and stability. This can reassure current shareholders and attract new investors.

Risk Assessment

Risk Level: low — This filing is routine and indicates stable institutional ownership, posing minimal immediate risk to investors.

Analyst Insight

An investor should view this as a confirmation of institutional interest in WELLTOWER INC. and consider it as part of their broader due diligence, rather than a direct buy or sell signal.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• WELLTOWER INC. (company) — the subject company whose stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 24, 2024 (date) — the filing date of the SC 13G/A

Forward-Looking Statements

• BlackRock will maintain a significant stake in WELLTOWER INC. throughout 2024. (BlackRock Inc.) — medium confidence, target: December 31, 2024

FAQ

From the Filing

0001086364-24-002748.txt : 20240124 0001086364-24-002748.hdr.sgml : 20240124 20240124172355 ACCESSION NUMBER: 0001086364-24-002748 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240124 DATE AS OF CHANGE: 20240124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WELLTOWER INC. CENTRAL INDEX KEY: 0000766704 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 341096634 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43380 FILM NUMBER: 24557819 BUSINESS ADDRESS: STREET 1: 4500 DORR STREET CITY: TOLEDO STATE: OH ZIP: 43615 BUSINESS PHONE: 419-247-2800 MAIL ADDRESS: STREET 1: 4500 DORR STREET CITY: TOLEDO STATE: OH ZIP: 43615 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH CARE REIT INC /DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us95040q1040_012424.txt us95040q1040_012424.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 1) WELLTOWER INC. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 95040Q104 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 95040Q104 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 53308274 (6) Shared voting power 0 (7) Sole dispositive power 58183233 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 58183233 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 10.5% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- WELLTOWER INC. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 4500 DORR STREET TOLEDO OH 43615 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal b