Pictet Asset Management Holding SA Acquires 20,781 Shares of Welltower Inc. $WELL

Pictet Asset Management Holding SA grew its holdings in Welltower Inc. (NYSE:WELL) by 2.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 871,607 shares of the real estate investment trust’s stock after purchasing an additional 20,781 shares during the period. Pictet Asset Management Holding SA owned about 0.12% of Welltower worth $172,321,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. ABN AMRO Bank N.V. boosted its stake in shares of Welltower by 0.6% during the first quarter. ABN AMRO Bank N.V. now owns 108,180 shares of the real estate investment trust’s stock valued at $21,619,000 after purchasing an additional 641 shares during the period. Union Bancaire Privee UBP SA increased its stake in Welltower by 1.6% in the 1st quarter. Union Bancaire Privee UBP SA now owns 30,439 shares of the real estate investment trust’s stock worth $6,018,000 after buying an additional 489 shares during the period. Cambient Family Office LLC increased its stake in Welltower by 37.2% in the 1st quarter. Cambient Family Office LLC now owns 1,589 shares of the real estate investment trust’s stock worth $314,000 after buying an additional 431 shares during the period. River Street Advisors LLC lifted its holdings in Welltower by 6.0% during the 1st quarter. River Street Advisors LLC now owns 4,073 shares of the real estate investment trust’s stock valued at $805,000 after buying an additional 230 shares in the last quarter. Finally, Northeast Investment Management bought a new stake in Welltower during the 1st quarter valued at about $1,297,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Price Performance

Shares of WELL stock opened at $227.21 on Monday. The stock’s 50-day moving average is $211.84 and its 200 day moving average is $202.03. Welltower Inc. has a 1-year low of $148.97 and a 1-year high of $228.53. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. The company has a market cap of $160.39 billion, a P/E ratio of 112.48, a PEG ratio of 1.17 and a beta of 0.79.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping 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 business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the previous year, the company posted $1.20 earnings per share. The firm’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. Research analysts predict that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a dividend of $0.74 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.3%. Welltower’s dividend payout ratio is presently 146.53%.

Wall Street Analyst Weigh In

A number of brokerages have commented on WELL. 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 note on Thursday, June 18th. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 price target on shares of Welltower in a research note on Monday, May 4th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. UBS Group raised their price objective on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Finally, Jefferies Financial Group upped their target price on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $230.25.

Welltower Company 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.