Welltower Inc. $WELL Shares Acquired by First National Bank of Mount Dora Trust Investment Services

Key Points

• First National Bank of Mount Dora Trust Investment Services increased its Welltower stake by 1,286.4% in the first quarter, owning 33,066 shares valued at approximately $6.54 million. Institutional investors collectively own 94.8% of Welltower’s outstanding shares.
• Analysts remain broadly positive, with 14 Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $242.94. Recent targets range from $232 to $275.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, though adjusted earnings of $0.61 per share missed estimates of $0.66. The company also raised its quarterly dividend to $0.85 per share, equivalent to a 1.4% annual yield.

First National Bank of Mount Dora Trust Investment Services increased its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 1,286.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,066 shares of the real estate investment trust's stock after acquiring an additional 30,681 shares during the quarter. Welltower comprises approximately 1.4% of First National Bank of Mount Dora Trust Investment Services' portfolio, making the stock its 27th largest holding. First National Bank of Mount Dora Trust Investment Services' holdings in Welltower were worth $6,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Leonteq Securities AG boosted its stake 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 acquiring an additional 60 shares in the last quarter. Sound Income Strategies LLC increased its position in shares of Welltower by 124.6% during the first 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 in the last quarter. Swiss RE Ltd. acquired a new stake in shares of Welltower during the fourth quarter worth about $29,000. Quarry LP purchased a new stake in shares of Welltower in the 3rd quarter valued at about $33,000. Finally, Financial Consulate Inc. purchased a new stake in shares of Welltower in the 4th quarter valued at about $34,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WELL has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price target on Welltower from $215.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, July 1st. Barclays assumed coverage on Welltower in a research note on Tuesday, July 7th. They issued an "equal weight" rating and a $254.00 price objective for the company. Cantor Fitzgerald increased their price objective on Welltower from $235.00 to $260.00 and gave the company an "overweight" rating in a report on Friday. Citigroup raised 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. Finally, Scotiabank cut their target price on shares of Welltower from $248.00 to $232.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 18th. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Welltower presently has an average rating of "Moderate Buy" and an average price target of $242.94.

Welltower Stock Performance

NYSE:WELL opened at $235.99 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The firm has a market cap of $170.09 billion, a price-to-earnings ratio of 108.25, a price-to-earnings-growth ratio of 1.14 and a beta of 0.77. The firm's fifty day moving average price is $224.25 and its 200 day moving average price is $210.95. Welltower Inc. has a 1-year low of $161.26 and a 1-year high of $255.20.

Welltower (NYSE:WELL - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion for the quarter, compared to analysts' expectations of $3.40 billion. During the same quarter in the previous year, the company posted $1.28 EPS. The firm's quarterly revenue was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, sell-side analysts expect that Welltower Inc. will post 6.4 EPS for the current year.

Welltower Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 12th will be issued a dividend of $0.85 per share. This is an increase from Welltower's previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, August 12th. Welltower's dividend payout ratio is currently 155.96%.

Welltower Company 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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