HighTower Advisors LLC lowered its position in Welltower Inc. (NYSE:WELL – Free Report) by 5.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 95,382 shares of the real estate investment trust’s stock after selling 5,420 shares during the quarter. HighTower Advisors LLC’s holdings in Welltower were worth $21,649,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of WELL. Leonteq Securities AG raised its position in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares in the last quarter. Kilter Group LLC bought a new position in shares of Welltower during the second quarter worth about $29,000. Sound Income Strategies LLC increased its holdings in Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares during the last quarter. Solstein Capital LLC acquired a new position in shares of Welltower in the 2nd quarter worth approximately $34,000. Finally, Swiss RE Ltd. acquired a new stake in shares of Welltower during the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 94.80% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on WELL. Mizuho raised their price target on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft raised their target price on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Wells Fargo & Company increased their price objective on shares of Welltower from $237.00 to $266.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. Royal Bank Of Canada raised their price target on shares of Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Finally, Raymond James Financial assumed coverage on Welltower in a report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price objective for the company. 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 price target of $251.06.
Welltower Trading Up 0.5%
Welltower stock opened at $237.30 on Wednesday. Welltower Inc. has a 12-month low of $163.75 and a 12-month high of $255.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The stock has a market capitalization of $171.03 billion, a PE ratio of 108.85, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. The firm has a 50 day simple moving average of $237.74 and a 200-day simple moving average of $219.17.
Welltower (NYSE:WELL – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The firm had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The business’s revenue for the quarter was up 39.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities research analysts expect that Welltower Inc. will post 6.43 EPS for the current fiscal year.
Welltower Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were given a dividend of $0.85 per share. This is a positive change from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. Welltower’s payout ratio is 155.96%.
Insider Activity at Welltower
In other Welltower news, Director Andrew Gundlach bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was acquired at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the purchase, the director directly owned 25,000 shares in the company, valued at approximately $5,986,750. This trade represents a 25.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 0.37% of the stock is owned by insiders.
About Welltower
Welltower Inc is a real estate investment trust (REIT) that owns, operates and finances healthcare-related real estate. The company focuses on properties that support healthcare delivery and services, including senior housing communities, outpatient medical facilities and post-acute care properties.
Welltower partners with healthcare providers, senior housing operators and other service providers to develop and manage facilities designed to serve aging populations and patients requiring ongoing or specialized care.
Read More
- Five stocks we like better than Welltower
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc. (NYSE:WELL – Free Report).
Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.
