Lasalle Investment Management Securities LLC Purchases 72,232 Shares of Welltower Inc. $WELL

Lasalle Investment Management Securities LLC raised its position in Welltower Inc. (NYSE:WELLFree Report) by 6.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,212,631 shares of the real estate investment trust’s stock after acquiring an additional 72,232 shares during the quarter. Welltower makes up about 9.5% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 2nd biggest holding. Lasalle Investment Management Securities LLC’s holdings in Welltower were worth $239,749,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in WELL. Leonteq Securities AG increased 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 during the last quarter. Sound Income Strategies LLC raised its holdings in shares of Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. Marquette Asset Management LLC lifted its position in shares of Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the last quarter. Swiss RE Ltd. purchased a new stake in shares of Welltower during the 4th quarter worth $29,000. Finally, Quarry LP acquired a new position in shares of Welltower during the third quarter worth $33,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 0.5%

Shares of NYSE:WELL opened at $245.24 on Thursday. The firm has a 50 day simple moving average of $220.39 and a 200-day simple moving average of $208.11. Welltower Inc. has a twelve month low of $158.24 and a twelve month high of $247.45. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $173.12 billion, a PE ratio of 121.41, a P/E/G ratio of 1.21 and a beta of 0.77.

Welltower (NYSE:WELLGet Free Report) last posted its earnings results 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. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same period last year, the firm posted $1.20 EPS. 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. On average, equities analysts predict that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.2%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.

Analyst Ratings Changes

WELL has been the topic of several recent analyst reports. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Scotiabank decreased their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Wells Fargo & Company upped their price objective on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. UBS Group upped their price objective on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Finally, Jefferies Financial Group increased their price objective on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $235.89.

Read Our Latest Stock Report on WELL

Welltower Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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