Wellington Management Group LLP Has $3.57 Billion Stake in Welltower Inc. $WELL

Wellington Management Group LLP trimmed its position in Welltower Inc. (NYSE:WELL) by 0.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,017,966 shares of the real estate investment trust’s stock after selling 151,008 shares during the period. Welltower makes up approximately 0.6% of Wellington Management Group LLP’s investment portfolio, making the stock its 22nd largest holding. Wellington Management Group LLP owned 2.92% of Welltower worth $3,566,000,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Frank Rimerman Advisors LLC lifted its stake in Welltower by 0.6% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,774 shares of the real estate investment trust’s stock valued at $1,741,000 after acquiring an additional 55 shares in the last quarter. Onyx Bridge Wealth Group LLC grew its stake in shares of Welltower by 3.8% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 1,515 shares of the real estate investment trust’s stock worth $270,000 after acquiring an additional 56 shares in the last quarter. Sachetta LLC grew its stake in shares of Welltower by 14.9% during the 3rd quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 58 shares in the last quarter. PDS Planning Inc raised its holdings in shares of Welltower by 1.4% in the third quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock valued at $771,000 after purchasing an additional 59 shares during the last quarter. Finally, Modera Wealth Management LLC lifted its position in shares of Welltower by 3.4% in the third quarter. Modera Wealth Management LLC now owns 1,807 shares of the real estate investment trust’s stock worth $322,000 after purchasing an additional 60 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Price Performance

NYSE:WELL opened at $207.88 on Friday. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $216.43. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. The firm has a fifty day simple moving average of $197.25 and a 200 day simple moving average of $187.37. The stock has a market capitalization of $145.05 billion, a PE ratio of 148.48, a P/E/G ratio of 1.41 and a beta of 0.82.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same period in the prior year, the firm posted $1.13 earnings per share. The company’s quarterly revenue was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages recently commented on WELL. Jefferies Financial Group restated a “buy” rating and set a $231.00 target price on shares of Welltower in a report on Monday, December 15th. Scotiabank lifted their price target on shares of Welltower from $214.00 to $236.00 and gave the company a “sector outperform” rating in a research note on Monday, March 2nd. Cantor Fitzgerald boosted their price target on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Wells Fargo & Company increased their price objective on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Finally, Citigroup raised their price objective on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $224.71.

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.