Centiva Capital LP Increases Stock Holdings in Welltower Inc. $WELL

Centiva Capital LP boosted its position in shares of Welltower Inc. (NYSE:WELL) by 167.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,636 shares of the real estate investment trust’s stock after acquiring an additional 9,166 shares during the period. Centiva Capital LP’s holdings in Welltower were worth $2,607,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Chevy Chase Trust Holdings LLC increased its holdings in Welltower by 4.2% during the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 343,594 shares of the real estate investment trust’s stock worth $61,208,000 after acquiring an additional 13,780 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of Welltower by 44.7% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 21,262 shares of the real estate investment trust’s stock valued at $3,786,000 after purchasing an additional 6,573 shares in the last quarter. Bank of America Corp DE grew its position in shares of Welltower by 1.9% during the 3rd quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust’s stock valued at $3,452,102,000 after purchasing an additional 367,463 shares in the last quarter. Bank of Nova Scotia increased its holdings in shares of Welltower by 51.8% in the third quarter. Bank of Nova Scotia now owns 146,794 shares of the real estate investment trust’s stock worth $26,150,000 after purchasing an additional 50,066 shares during the period. Finally, Algert Global LLC bought a new position in shares of Welltower in the third quarter worth $2,624,000. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 0.8%

NYSE WELL opened at $207.88 on Friday. The stock’s 50-day simple moving average is $197.25 and its two-hundred day simple moving average is $187.52. Welltower Inc. has a twelve month low of $130.29 and a twelve month high of $216.43. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $145.05 billion, a price-to-earnings ratio of 148.48, a PEG ratio of 1.42 and a beta of 0.82.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The firm had revenue of $3.18 billion during the quarter, compared to analyst estimates of $2.93 billion. During the same quarter in the previous year, the company posted $1.13 earnings per share. The company’s revenue was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Research analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were given a $0.74 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. Welltower’s payout ratio is presently 211.43%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WELL. Citigroup lifted their price objective on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Wells Fargo & Company upped their target price on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Cantor Fitzgerald raised their price target on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Royal Bank Of Canada lifted their price target on Welltower from $207.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Finally, Scotiabank upped their price objective on shares of Welltower from $214.00 to $236.00 and gave the stock a “sector outperform” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $224.71.

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.