Patriot Financial Group Insurance Agency LLC Takes $661,000 Position in Welltower Inc. $WELL

Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of Welltower Inc. (NYSE:WELL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,561 shares of the real estate investment trust’s stock, valued at approximately $661,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. National Pension Service increased its stake in shares of Welltower by 2.1% during the 3rd quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock valued at $301,401,000 after acquiring an additional 34,532 shares during the last quarter. B&I Capital AG increased its stake in shares of Welltower by 5.7% during the 3rd quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock valued at $28,759,000 after acquiring an additional 8,650 shares during the last quarter. GDS Wealth Management grew its holdings in shares of Welltower by 13.7% during the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock worth $11,359,000 after purchasing an additional 7,699 shares during the period. New York Life Investment Management LLC grew its holdings in shares of Welltower by 4.3% during the 3rd quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock worth $17,345,000 after purchasing an additional 4,019 shares during the period. Finally, Benchmark Investment Advisors LLC purchased a new stake in shares of Welltower during the 3rd quarter worth about $901,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Down 2.0%

NYSE WELL opened at $210.23 on Friday. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. Welltower Inc. has a fifty-two week low of $141.55 and a fifty-two week high of $216.43. The business has a 50 day moving average price of $205.45 and a two-hundred day moving average price of $193.50. The stock has a market cap of $148.11 billion, a PE ratio of 150.17, a P/E/G ratio of 1.47 and a beta of 0.83.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.01. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter last year, the company earned $1.13 earnings per share. Welltower’s revenue for the quarter was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were given a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $2.96 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio (DPR) is 211.43%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WELL. Wells Fargo & Company boosted their target price on Welltower from $218.00 to $228.00 and gave the stock an “overweight” rating in a report on Thursday, March 26th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Cantor Fitzgerald boosted their target price on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Mizuho boosted their target price on Welltower from $216.00 to $231.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. Finally, Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $225.43.

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.