Bleakley Financial Group LLC Purchases 4,916 Shares of Welltower Inc. $WELL

Bleakley Financial Group LLC raised its position in shares of Welltower Inc. (NYSE:WELL) by 20.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 29,424 shares of the real estate investment trust’s stock after purchasing an additional 4,916 shares during the quarter. Bleakley Financial Group LLC’s holdings in Welltower were worth $5,817,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Leonteq Securities AG boosted its position in shares of Welltower by 92.3% during the 1st 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 during the last quarter. Sound Income Strategies LLC increased its position in Welltower by 124.6% in 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 during the last quarter. Marquette Asset Management LLC raised its stake in Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares in the last quarter. Swiss RE Ltd. bought a new position in Welltower during the fourth quarter valued at $29,000. Finally, Financial Consulate Inc. bought a new position in Welltower during the fourth quarter valued at $34,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.7%

Shares of NYSE WELL opened at $236.29 on Wednesday. Welltower Inc. has a 1 year low of $155.33 and a 1 year high of $239.10. The firm has a 50-day simple moving average of $217.22 and a two-hundred day simple moving average of $205.78. The company has a market cap of $166.80 billion, a P/E ratio of 116.97, a PEG ratio of 1.15 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the prior year, the business posted $1.20 earnings per share. The company’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Research analysts anticipate that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is 146.53%.

Analyst Upgrades and Downgrades

WELL has been the topic of a number of research reports. Barclays began coverage on shares of Welltower in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 target price on the stock. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. UBS Group lifted their target price on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $238.00 target price on shares of Welltower in a research report on Monday, June 15th. Finally, Wells Fargo & Company raised their price target on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and an average price target of $234.72.

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.