Heartland Bank & Trust Co bought a new position in Welltower Inc. (NYSE:WELL – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,816 shares of the real estate investment trust’s stock, valued at approximately $639,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ieq Capital LLC bought a new stake in shares of Welltower in the 2nd quarter valued at approximately $1,476,000. Callan Family Office LLC bought a new position in Welltower during the second quarter valued at approximately $6,963,000. Keebeck Wealth Management bought a new position in Welltower during the second quarter valued at approximately $527,000. Keating Financial Advisory Services Inc. acquired a new stake in Welltower in the second quarter valued at approximately $94,000. Finally, OneAscent Financial Services LLC acquired a new stake in Welltower in the second quarter valued at approximately $375,000. 94.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Royal Bank Of Canada upped their price objective on shares of Welltower from $238.00 to $260.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Raymond James Financial started coverage on Welltower in a report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price on the stock. UBS Group upped their price target on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Finally, Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $246.11.
Welltower Stock Performance
NYSE:WELL opened at $239.95 on Friday. The firm has a market capitalization of $172.94 billion, a PE ratio of 110.07, a PEG ratio of 1.14 and a beta of 0.76. Welltower Inc. has a 1 year low of $163.75 and a 1 year high of $255.20. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. The firm’s fifty day simple moving average is $232.48 and its 200 day simple moving average is $215.83.
Welltower (NYSE:WELL – Get Free Report) last released its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the prior year, the firm earned $1.28 EPS. The firm’s revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, sell-side analysts anticipate that Welltower Inc. will post 6.44 EPS for the current year.
Welltower Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. Welltower’s dividend payout ratio is currently 155.96%.
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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