Dickmeyer Boyce Financial Management Inc. Acquires Shares of 2,066 Welltower Inc. $WELL

Dickmeyer Boyce Financial Management Inc. purchased a new stake in Welltower Inc. (NYSE:WELL) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,066 shares of the real estate investment trust’s stock, valued at approximately $408,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WELL. Vanguard Group Inc. lifted its stake in Welltower by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after buying an additional 2,643,088 shares during the period. Capital International Investors grew its position in shares of Welltower by 2.0% during the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock worth $8,805,411,000 after buying an additional 915,514 shares during the period. State Street Corp increased its stake in shares of Welltower by 1.2% in the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after acquiring an additional 506,374 shares during the last quarter. Norges Bank acquired a new stake in shares of Welltower in the 4th quarter valued at approximately $5,466,264,000. Finally, Bank of America Corp DE boosted its stake in Welltower by 5.3% during the 4th quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock worth $3,787,049,000 after acquiring an additional 1,024,668 shares during the last quarter. 94.80% of the stock is owned by institutional investors.

Welltower Price Performance

WELL stock opened at $247.19 on Friday. The stock has a 50-day moving average price of $220.98 and a two-hundred day moving average price of $208.54. The stock has a market cap of $174.49 billion, a PE ratio of 122.37, a price-to-earnings-growth ratio of 1.20 and a beta of 0.77. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 1 year low of $158.24 and a 1 year high of $250.12.

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

Welltower Announces Dividend

The company also recently declared 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 of this dividend was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.2%. Welltower’s dividend payout ratio is 146.53%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on WELL shares. Jefferies Financial Group upped their target price on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Wells Fargo & Company upped their price objective on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. UBS Group lifted their target price on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Finally, Mizuho increased their price target on Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus price target of $235.89.

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.