Stevens Capital Management LP Trims Holdings in Welltower Inc. $WELL

Key Points

• Stevens Capital cut its stake in Welltower by 29.7%, selling 13,803 shares to hold 32,746 shares worth about $6.08M, making WELL its 9th-largest position (2.1% of the portfolio).
• Welltower beat quarterly expectations with $1.02 EPS vs. $0.68 expected and $3.35B revenue vs. $3.12B, set FY2026 guidance of 6.21–6.35 EPS, and analysts hold a consensus target near $228.53 with mostly Buy ratings.
• The company declared a quarterly dividend of $0.74 (annualized $2.96, ~1.4% yield) despite a high payout ratio (~146.5%); WELL trades at a market cap of $151.3B and a PE of about 106.

Stevens Capital Management LP cut its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 29.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,746 shares of the real estate investment trust's stock after selling 13,803 shares during the period. Welltower makes up 2.1% of Stevens Capital Management LP's portfolio, making the stock its 9th largest position. Stevens Capital Management LP's holdings in Welltower were worth $6,078,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in shares of Welltower by 7.1% in the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust's stock valued at $527,000 after acquiring an additional 279 shares during the last quarter. Empowered Funds LLC increased its stake in Welltower by 31.7% in the 1st quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust's stock worth $2,266,000 after purchasing an additional 3,564 shares during the period. Sivia Capital Partners LLC lifted its position in Welltower by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust's stock valued at $294,000 after purchasing an additional 127 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Welltower by 7.3% during the second quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust's stock valued at $1,671,000 after purchasing an additional 735 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of Welltower by 27.0% during the second quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust's stock valued at $1,912,000 after purchasing an additional 2,641 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Performance

WELL stock opened at $214.34 on Wednesday. The stock's 50 day simple moving average is $205.96 and its 200 day simple moving average is $196.36. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 12-month low of $142.65 and a 12-month high of $219.59. The stock has a market capitalization of $151.30 billion, a PE ratio of 106.11, a price-to-earnings-growth ratio of 1.13 and a beta of 0.83.

Welltower (NYSE:WELL - Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same quarter last year, the company earned $1.20 EPS. The company's quarterly 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, research analysts forecast that Welltower Inc. will post 6.29 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm 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 $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, May 13th. Welltower's dividend payout ratio (DPR) is presently 146.53%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on WELL shares. Cantor Fitzgerald upped their price target on shares of Welltower from $204.00 to $230.00 and gave the company an "overweight" rating in a report on Thursday, February 12th. Citigroup upped their price objective on shares of Welltower from $245.00 to $255.00 and gave the company a "buy" rating in a research note on Tuesday. Mizuho raised their target price on Welltower from $216.00 to $231.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 4th. Morgan Stanley upped their price target on Welltower from $200.00 to $215.00 and gave the company an "overweight" rating in a research report on Wednesday, February 18th. Finally, Scotiabank boosted their target price on Welltower from $214.00 to $236.00 and gave the company a "sector outperform" rating in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $228.53.

About Welltower

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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