Welltower Inc. $WELL Shares Purchased by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd boosted its holdings in Welltower Inc. (NYSE:WELL) by 18.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,873 shares of the real estate investment trust’s stock after acquiring an additional 3,251 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Welltower were worth $3,874,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in WELL. Mitsubishi UFJ Asset Management UK Ltd. acquired a new stake in shares of Welltower during the 3rd quarter worth about $1,781,000. New York Life Investment Management LLC boosted its stake 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 last quarter. Benchmark Investment Advisors LLC acquired a new stake in shares of Welltower during the 3rd quarter worth about $901,000. Signature Estate & Investment Advisors LLC boosted its stake in shares of Welltower by 3,192.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 47,380 shares of the real estate investment trust’s stock worth $8,440,000 after purchasing an additional 45,941 shares during the last quarter. Finally, AIA Group Ltd boosted its stake in shares of Welltower by 53.8% during the 3rd quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock worth $4,275,000 after purchasing an additional 8,400 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Price Performance

WELL opened at $200.52 on Friday. The company’s 50 day simple moving average is $208.55 and its 200 day simple moving average is $200.88. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. Welltower Inc. has a 1 year low of $148.60 and a 1 year high of $221.68. The stock has a market capitalization of $141.55 billion, a PE ratio of 99.27, a P/E/G ratio of 1.03 and a beta of 0.79.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The business had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the company earned $1.20 earnings per share. The company’s quarterly revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, sell-side analysts expect that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. Welltower’s dividend payout ratio (DPR) is currently 146.53%.

Wall Street Analysts Forecast Growth

WELL has been the topic of several analyst reports. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Cantor Fitzgerald raised their price target on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Scotiabank raised their price target on shares of Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Royal Bank Of Canada raised their price target on shares of Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Finally, Jefferies Financial Group raised their target price on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average price target of $231.60.

About Welltower

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.