Swedbank AB trimmed its holdings in shares of Welltower Inc. (NYSE:WELL – Free Report) by 2.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 677,186 shares of the real estate investment trust’s stock after selling 17,865 shares during the period. Swedbank AB’s holdings in Welltower were worth $125,692,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the business. Hager Investment Management Services LLC raised its stake 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 valued at $25,000 after acquiring an additional 65 shares during the last quarter. Marquette Asset Management LLC raised its stake 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 valued at $28,000 after acquiring an additional 59 shares during the last quarter. Quarry LP purchased a new stake in Welltower during the 3rd quarter valued at approximately $33,000. Financial Consulate Inc. purchased a new stake in Welltower during the 4th quarter valued at approximately $34,000. Finally, MMA Asset Management LLC purchased a new stake in Welltower during the 3rd quarter valued at approximately $35,000. 94.80% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have commented on WELL shares. Citigroup upped their price objective on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. Scotiabank upped their price objective on Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a research note on Thursday. UBS Group upped their price objective on Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Finally, Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $231.00.
Welltower Trading Up 0.1%
Shares of Welltower stock opened at $216.31 on Friday. Welltower Inc. has a fifty-two week low of $147.49 and a fifty-two week high of $221.68. The firm has a market cap of $152.70 billion, a PE ratio of 107.09, a P/E/G ratio of 1.13 and a beta of 0.83. The business’s fifty day moving average is $208.17 and its two-hundred day moving average is $199.71. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40.
Welltower (NYSE:WELL – Get Free Report) 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 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 company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the company posted $1.20 EPS. The business’s revenue for the quarter was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Analysts anticipate that Welltower Inc. will post 6.28 earnings per share for the current year.
Welltower Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were 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 was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.
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.
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