Walter Public Investments Inc. lifted its holdings in Welltower Inc. (NYSE:WELL – Free Report) by 763.2% in the 2nd quarter, Holdings Channel reports. The firm owned 25,895 shares of the real estate investment trust’s stock after acquiring an additional 22,895 shares during the period. Walter Public Investments Inc.’s holdings in Welltower were worth $5,877,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Leonteq Securities AG raised its position in Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 60 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Swiss RE Ltd. purchased a new stake in shares of Welltower during the 4th quarter valued at about $29,000. Summit Securities Group LLC grew its stake in shares of Welltower by 42.6% in the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 49 shares during the period. Finally, Allied Private Wealth LLC bought a new stake in shares of Welltower in the second quarter worth approximately $41,000. 94.80% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on WELL shares. Raymond James Financial began coverage on shares of Welltower in a report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective for the company. BMO Capital Markets reiterated an “outperform” rating and set a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Mizuho boosted their target price on shares of Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Cantor Fitzgerald increased their price target on Welltower from $235.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $246.11.
Welltower Price Performance
Shares of NYSE:WELL opened at $235.55 on Friday. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $169.77 billion, a PE ratio of 108.05, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. The firm’s 50 day moving average price is $229.65 and its 200-day moving average price is $214.01. Welltower Inc. has a twelve month low of $161.26 and a twelve month high of $255.20.
Welltower (NYSE:WELL – Get Free Report) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The business had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter last year, the firm posted $1.28 earnings per share. The business’s quarterly revenue was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities research analysts expect that Welltower Inc. will post 6.43 EPS for the current year.
Welltower Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be given 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 of this dividend is Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. Welltower’s payout ratio is presently 155.96%.
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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