Oppenheimer & Co. Inc. Trims Position in Welltower Inc. $WELL

Key Points

• Oppenheimer trimmed its stake by 40.7% in Q4, selling 11,955 shares and leaving 17,397 Welltower shares valued at $3.229 million.
• Welltower beat expectations on April 28 with EPS of $1.02 versus $0.68 consensus and revenue of $3.35 billion (up 38.3% YoY), and issued FY2026 guidance of $6.21–$6.35 per share.
• Analysts have been raising targets and ratings—MarketBeat shows a consensus of "Moderate Buy" with a target price of $225.43, while institutional ownership remains very high at about 94.8%.

Oppenheimer & Co. Inc. trimmed its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 40.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 17,397 shares of the real estate investment trust's stock after selling 11,955 shares during the period. Oppenheimer & Co. Inc.'s holdings in Welltower were worth $3,229,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Welltower by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust's stock valued at $17,154,349,000 after buying an additional 2,643,088 shares during the last quarter. Capital International Investors raised its holdings in shares of 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 buying an additional 1,842,934 shares during the last quarter. State Street Corp raised its holdings in shares of Welltower by 4.1% in the third quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust's stock valued at $7,348,979,000 after buying an additional 1,637,665 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Welltower by 1.9% in the third quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust's stock valued at $3,452,102,000 after buying an additional 367,463 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Welltower by 3.2% in the third quarter. Northern Trust Corp now owns 9,106,068 shares of the real estate investment trust's stock valued at $1,622,155,000 after buying an additional 282,881 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on WELL. Scotiabank upped their target price on shares of Welltower from $214.00 to $236.00 and gave the company a "sector outperform" rating in a report on Monday, March 2nd. KeyCorp upped their target price on shares of Welltower from $210.00 to $240.00 and gave the company an "overweight" rating in a report on Tuesday, February 24th. UBS Group set a $240.00 price target on shares of Welltower in a research note on Thursday, February 12th. Mizuho boosted their price target on shares of Welltower from $216.00 to $231.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 4th. Finally, Cantor Fitzgerald boosted their price target on shares of Welltower from $204.00 to $230.00 and gave the stock an "overweight" rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, Welltower currently has a consensus rating of "Moderate Buy" and a consensus target price of $225.43.

Welltower Trading Up 0.1%

Shares of Welltower stock opened at $217.08 on Monday. Welltower Inc. has a 52-week low of $142.65 and a 52-week high of $219.59. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The company's 50-day simple moving average is $205.83 and its 200-day simple moving average is $196.07. The firm has a market cap of $153.24 billion, a price-to-earnings ratio of 107.46, a price-to-earnings-growth ratio of 1.13 and a beta of 0.83.

Welltower (NYSE:WELL - Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous year, the business posted $1.20 earnings per share. The business's revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, equities research analysts anticipate that Welltower Inc. will post 6.29 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Wednesday, May 13th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. Welltower's payout ratio is currently 146.53%.

Welltower Profile

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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