Handelsbanken Fonder AB grew its stake in shares of Welltower Inc. (NYSE:WELL – Free Report) by 11.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 353,123 shares of the real estate investment trust’s stock after purchasing an additional 36,308 shares during the period. Handelsbanken Fonder AB owned about 0.05% of Welltower worth $80,148,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Revolve Wealth Partners LLC grew its holdings in Welltower by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock worth $316,000 after buying an additional 45 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Welltower by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock valued at $367,000 after acquiring an additional 49 shares in the last quarter. Parallel Advisors LLC lifted its stake in Welltower by 0.7% during the 1st quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock valued at $1,416,000 after acquiring an additional 50 shares in the last quarter. KCM Investment Advisors LLC boosted its holdings in Welltower by 3.2% during the 4th quarter. KCM Investment Advisors LLC now owns 1,678 shares of the real estate investment trust’s stock worth $311,000 after acquiring an additional 52 shares during the last quarter. Finally, RFG Bristol Wealth Advisors LLC boosted its holdings in Welltower by 0.6% during the 1st quarter. RFG Bristol Wealth Advisors LLC now owns 8,107 shares of the real estate investment trust’s stock worth $1,603,000 after acquiring an additional 52 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
WELL has been the subject of several analyst reports. Jefferies Financial Group increased their target price on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. UBS Group boosted their price target on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Weiss Ratings downgraded shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Royal Bank Of Canada increased their price objective 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, Scotiabank dropped their target price on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and an average price target of $246.11.
Welltower Stock Down 0.8%
WELL stock opened at $235.12 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The company has a market capitalization of $169.46 billion, a price-to-earnings ratio of 107.85, a PEG ratio of 1.14 and a beta of 0.76. Welltower Inc. has a fifty-two week low of $161.26 and a fifty-two week high of $255.20. The stock has a fifty day moving average of $227.19 and a 200-day moving average of $212.88.
Welltower (NYSE:WELL – Get Free Report) last announced its quarterly earnings data 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 during 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 company’s revenue was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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 predict that Welltower Inc. will post 6.43 earnings per share for the current year.
Welltower Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 12th will be paid a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.74. Welltower’s dividend payout ratio is currently 135.78%.
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.
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