TD Asset Management Inc lifted its position in Welltower Inc. (NYSE:WELL – Free Report) by 289.2% in the 4th quarter, HoldingsChannel reports. The firm owned 932,124 shares of the real estate investment trust’s stock after purchasing an additional 692,609 shares during the quarter. TD Asset Management Inc’s holdings in Welltower were worth $173,012,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of WELL. Brighton Jones LLC raised its position in Welltower by 7.1% during the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock valued at $527,000 after acquiring an additional 279 shares in the last quarter. Empowered Funds LLC raised its position in Welltower by 31.7% during the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock valued at $2,266,000 after acquiring an additional 3,564 shares in the last quarter. Sivia Capital Partners LLC raised its position in Welltower by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock valued at $294,000 after acquiring an additional 127 shares in the last quarter. Baird Financial Group Inc. raised its position in Welltower by 7.3% during the second quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock valued at $1,671,000 after acquiring an additional 735 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in Welltower by 27.0% during the second quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust’s stock valued at $1,912,000 after acquiring an additional 2,641 shares in the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on WELL. Weiss Ratings upgraded Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Cantor Fitzgerald lifted their price target on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Royal Bank Of Canada lifted their price target on Welltower from $230.00 to $238.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Wells Fargo & Company lifted their price target on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Scotiabank lifted their price target on Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $231.60.
Welltower Stock Up 0.5%
Welltower stock opened at $200.52 on Friday. The stock has a market capitalization of $141.55 billion, a PE ratio of 99.27, a price-to-earnings-growth ratio of 1.03 and a beta of 0.79. Welltower Inc. has a 12 month low of $148.60 and a 12 month high of $221.68. The business has a 50 day simple moving average of $208.55 and a 200-day simple moving average of $200.88. 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 – Get Free Report) last posted its quarterly earnings data 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 business had revenue of $3.35 billion during 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%.The business’s revenue was up 38.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, analysts anticipate that Welltower Inc. will post 6.32 EPS for the current fiscal year.
Welltower Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a $0.74 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.5%. Welltower’s payout ratio is 146.53%.
Welltower Company 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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