TD Waterhouse Canada Inc. Grows Position in Welltower Inc. $WELL

TD Waterhouse Canada Inc. raised its position in Welltower Inc. (NYSE:WELL) by 303.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,392 shares of the real estate investment trust’s stock after purchasing an additional 5,562 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Welltower were worth $1,371,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of WELL. National Pension Service raised its holdings in shares of Welltower by 2.1% during the 3rd quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock valued at $301,401,000 after buying an additional 34,532 shares during the period. B&I Capital AG raised its holdings in shares of Welltower by 5.7% during the 3rd quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock valued at $28,759,000 after buying an additional 8,650 shares during the period. GDS Wealth Management raised its holdings in shares of Welltower by 13.7% during the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock valued at $11,359,000 after buying an additional 7,699 shares during the period. New York Life Investment Management LLC raised its holdings in shares of Welltower by 4.3% during the 3rd quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock valued at $17,345,000 after buying an additional 4,019 shares during the period. Finally, Benchmark Investment Advisors LLC purchased a new stake in shares of Welltower during the 3rd quarter valued at about $901,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Price Performance

Shares of NYSE WELL opened at $208.37 on Friday. Welltower Inc. has a fifty-two week low of $142.65 and a fifty-two week high of $216.43. The business has a 50 day moving average price of $205.63 and a two-hundred day moving average price of $194.19. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. The firm has a market cap of $146.81 billion, a PE ratio of 148.84, a price-to-earnings-growth ratio of 1.37 and a beta of 0.83.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The firm had revenue of $3.18 billion during the quarter, compared to analyst estimates of $2.93 billion. During the same quarter last year, the firm earned $1.13 EPS. Welltower’s quarterly revenue was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Sell-side analysts expect that Welltower Inc. will post 6.24 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is 211.43%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Royal Bank Of Canada raised their target price on Welltower from $207.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Citigroup raised their target price on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Morgan Stanley raised their target price on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Wells Fargo & Company raised their target price on Welltower from $218.00 to $228.00 and gave the company an “overweight” rating in a report on Thursday, March 26th. Finally, KeyCorp raised their target price on Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $225.43.

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.