Rice Partnership LLC Takes Position in Welltower Inc. $WELL

Rice Partnership LLC bought a new position in shares of Welltower Inc. (NYSE:WELL) during the first quarter, HoldingsChannel reports. The fund bought 18,075 shares of the real estate investment trust’s stock, valued at approximately $3,574,000.

Other institutional investors have also modified their holdings of the company. 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 valued at $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC grew its position in Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Marquette Asset Management LLC grew its position in Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the last quarter. Swiss RE Ltd. purchased a new position in Welltower during the 4th quarter worth $29,000. Finally, Quarry LP acquired a new position in Welltower in the third quarter valued at $33,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Up 0.6%

WELL stock opened at $244.70 on Tuesday. Welltower Inc. has a one year low of $158.24 and a one year high of $246.43. The stock has a market capitalization of $172.74 billion, a PE ratio of 121.14, a price-to-earnings-growth ratio of 1.19 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The company has a fifty day moving average of $219.31 and a 200-day moving average of $207.26.

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

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were given a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a yield of 1.2%. Welltower’s payout ratio is presently 146.53%.

Wall Street Analyst Weigh In

WELL has been the subject of a number of research reports. Wells Fargo & Company upped their target price on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Citigroup raised their price target on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Royal Bank Of Canada restated an “outperform” rating and issued a $238.00 price target on shares of Welltower in a research report on Monday, June 15th. Scotiabank reduced their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Finally, UBS Group increased their price objective on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $234.72.

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.