Handelsbanken Fonder AB grew its holdings in shares of Welltower Inc. (NYSE:WELL – Free Report) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 315,597 shares of the real estate investment trust’s stock after purchasing an additional 3,884 shares during the period. Handelsbanken Fonder AB’s holdings in Welltower were worth $58,578,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC increased its position in Welltower by 84.4% during the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 65 shares during the period. Marquette Asset Management LLC increased its position in Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the period. Quarry LP acquired a new position in Welltower during the 3rd quarter worth approximately $33,000. Financial Consulate Inc. acquired a new position in Welltower during the 4th quarter worth approximately $34,000. Finally, MMA Asset Management LLC acquired a new position in Welltower during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 94.80% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on WELL shares. Citigroup boosted their target price on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Wells Fargo & Company upped their price target on Welltower from $218.00 to $228.00 and gave the stock an “overweight” rating in a report on Thursday, March 26th. KeyCorp upped their price target on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Jefferies Financial Group upped their price target on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $229.67.
Welltower Price Performance
Shares of NYSE:WELL opened at $212.99 on Tuesday. The business’s fifty day moving average price is $207.31 and its two-hundred day moving average price is $198.81. The stock has a market cap of $150.35 billion, a PE ratio of 105.44, a price-to-earnings-growth ratio of 1.11 and a beta of 0.83. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. Welltower Inc. has a one year low of $146.65 and a one year high of $221.68.
Welltower (NYSE:WELL – Get Free Report) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.Welltower’s quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, analysts forecast that Welltower Inc. will post 6.28 EPS for the current fiscal year.
Welltower Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th will be paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.
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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