Deutsche Bank AG lowered its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 3.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,975,818 shares of the real estate investment trust's stock after selling 168,576 shares during the quarter. Deutsche Bank AG owned 0.69% of Welltower worth $1,129,361,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Leonteq Securities AG boosted its holdings in Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust's stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC grew its position in Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 76 shares during the period. Swiss RE Ltd. purchased a new position in shares of Welltower during the 4th quarter valued at about $29,000. Summit Securities Group LLC raised its stake in shares of Welltower by 42.6% during the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 49 shares during the last quarter. Finally, Allied Private Wealth LLC acquired a new position in shares of Welltower in the 2nd quarter valued at about $41,000. Hedge funds and other institutional investors own 94.80% of the company's stock.
Analyst Ratings Changes
A number of brokerages have recently commented on WELL. Wells Fargo & Company upped their target price on Welltower from $228.00 to $237.00 and gave the stock an "overweight" rating in a research note on Monday, June 1st. KeyCorp boosted their price target on Welltower from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Tuesday, August 4th. Jefferies Financial Group raised their price objective on shares of Welltower from $237.00 to $248.00 and gave the stock a "buy" rating in a research note on Tuesday, May 12th. Wall Street Zen raised shares of Welltower from a "sell" rating to a "hold" rating in a report on Saturday, May 2nd. Finally, Weiss Ratings cut shares of Welltower from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, June 24th. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $246.11.
Check Out Our Latest Report on WELL
Welltower Price Performance
Shares of Welltower stock opened at $235.97 on Tuesday. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a twelve month low of $162.00 and a twelve month high of $255.20. The business has a 50-day moving average price of $230.37 and a 200 day moving average price of $214.59. The firm has a market cap of $170.07 billion, a PE ratio of 108.24, a P/E/G ratio of 1.13 and a beta of 0.76.
Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by ($0.05). The business had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business's revenue for the quarter was up 39.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Sell-side analysts predict that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.
Welltower Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, August 12th. This is a positive change from Welltower's previous quarterly dividend of $0.74. Welltower's dividend payout ratio is currently 155.96%.
About Welltower
(
Free Report)
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.
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