Elevation Point Wealth Partners LLC purchased a new stake in shares of Welltower Inc. (NYSE:WELL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 27,630 shares of the real estate investment trust's stock, valued at approximately $6,271,000.
A number of other large investors have also recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its holdings in shares of Welltower by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust's stock valued at $1,649,844,000 after purchasing an additional 57,938 shares during the last quarter. Easterly Investment Partners LLC boosted its holdings in Welltower by 184.9% during the fourth quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust's stock worth $17,151,000 after purchasing an additional 59,967 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Welltower by 331.4% during the first quarter. SG Americas Securities LLC now owns 1,122,894 shares of the real estate investment trust's stock worth $222,007,000 after purchasing an additional 862,586 shares during the last quarter. Swiss National Bank grew its position in Welltower by 9.9% in the 1st quarter. Swiss National Bank now owns 2,014,200 shares of the real estate investment trust's stock worth $398,227,000 after purchasing an additional 181,400 shares in the last quarter. Finally, Dai ichi Life Insurance Company Ltd grew its position in Welltower by 26.6% in the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 43,932 shares of the real estate investment trust's stock worth $8,686,000 after purchasing an additional 9,217 shares in the last quarter. 94.80% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
WELL has been the topic of several recent analyst reports. Citigroup lifted their target price on shares of Welltower from $255.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Cantor Fitzgerald increased their price target on Welltower from $235.00 to $260.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Evercore reiterated an "outperform" rating and set a $260.00 price target on shares of Welltower in a report on Thursday, July 30th. Barclays initiated coverage on Welltower in a report on Tuesday, July 7th. They set an "equal weight" rating and a $254.00 price target on the stock. Finally, Raymond James Financial initiated coverage on Welltower in a research report on Tuesday, June 16th. They issued an "outperform" rating and a $226.00 price objective on the stock. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Welltower currently has an average rating of "Moderate Buy" and an average price target of $246.11.
Read Our Latest Stock Analysis on Welltower
Welltower Stock Performance
Shares of WELL stock opened at $239.95 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The firm has a market cap of $172.94 billion, a price-to-earnings ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76. Welltower Inc. has a 52 week low of $163.75 and a 52 week high of $255.20. The firm's 50-day simple moving average is $232.48 and its two-hundred day simple moving average is $215.83.
Welltower (NYSE:WELL - Get Free Report) last released its 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). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The company had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the prior year, the company earned $1.28 earnings per share. The firm's revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities analysts forecast that Welltower Inc. will post 6.44 earnings per share for the current year.
Welltower Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 1.4%. This is a positive change from Welltower's previous quarterly dividend of $0.74. The ex-dividend date of this dividend was Wednesday, August 12th. 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.
See Also
Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc. (NYSE:WELL - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Welltower, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Welltower wasn't on the list.
While Welltower currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
