Huntington National Bank Purchases 2,705 Shares of Welltower Inc. $WELL

Huntington National Bank boosted its position in Welltower Inc. (NYSE:WELLFree Report) by 37.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,849 shares of the real estate investment trust’s stock after purchasing an additional 2,705 shares during the period. Huntington National Bank’s holdings in Welltower were worth $1,828,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in WELL. Vanguard Group Inc. lifted its stake in Welltower by 4.7% in the third quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after purchasing an additional 3,991,896 shares during the last quarter. Capital World Investors lifted its stake in Welltower by 167.2% in the third quarter. Capital World Investors now owns 4,247,262 shares of the real estate investment trust’s stock worth $756,607,000 after purchasing an additional 2,657,766 shares during the last quarter. Capital International Investors lifted its stake in Welltower by 4.1% in the third quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after purchasing an additional 1,842,934 shares during the last quarter. State Street Corp lifted its stake in Welltower by 4.1% in the third quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock worth $7,348,979,000 after purchasing an additional 1,637,665 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Welltower by 4.8% in the fourth quarter. Geode Capital Management LLC now owns 17,007,371 shares of the real estate investment trust’s stock worth $3,155,047,000 after purchasing an additional 774,692 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on WELL. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Jefferies Financial Group raised their price objective on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. Mizuho set a $239.00 price target on shares of Welltower in a research note on Friday, May 22nd. Finally, Morgan Stanley lifted their price target on shares of Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $231.00.

Read Our Latest Report on WELL

Welltower Stock Performance

Welltower stock opened at $206.11 on Friday. The company has a 50 day moving average price of $208.54 and a 200-day moving average price of $200.65. 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 fifty-two week low of $148.60 and a fifty-two week high of $221.68. The company has a market capitalization of $145.49 billion, a PE ratio of 102.03, a P/E/G ratio of 1.09 and a beta of 0.83.

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

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. Welltower’s payout ratio is 146.53%.

About Welltower

(Free Report)

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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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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