Welltower Inc. $WELL Stake Boosted by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 5.9% during the first quarter, Holdings Channel reports. The firm owned 87,079 shares of the real estate investment trust’s stock after buying an additional 4,831 shares during the period. Wealthfront Advisers LLC’s holdings in Welltower were worth $17,216,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Leonteq Securities AG boosted its position in Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares during the period. Sound Income Strategies LLC increased its position in Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 76 shares during the period. Marquette Asset Management LLC lifted its stake in Welltower by 62.8% in the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 59 shares during the last quarter. Swiss RE Ltd. acquired a new position in shares of Welltower during the fourth quarter valued at $29,000. Finally, Quarry LP acquired a new position in shares of Welltower during the third quarter valued at $33,000. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE WELL opened at $241.36 on Friday. Welltower Inc. has a fifty-two week low of $156.47 and a fifty-two week high of $241.79. The firm’s 50-day simple moving average is $218.13 and its 200 day simple moving average is $206.48. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The stock has a market cap of $170.38 billion, a P/E ratio of 119.49, a P/E/G ratio of 1.14 and a beta of 0.77.

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

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.

Analyst Upgrades and Downgrades

WELL has been the subject of several recent research reports. Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Scotiabank reduced their target price on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Jefferies Financial Group upped 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. Mizuho set a $239.00 price target on shares of Welltower in a research note on Friday, May 22nd. Finally, Citigroup lifted their price target on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $234.72.

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.