CIBC Bancorp USA Inc. Takes Position in Welltower Inc. $WELL

CIBC Bancorp USA Inc. bought a new position in shares of Welltower Inc. (NYSE:WELL) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 264,766 shares of the real estate investment trust’s stock, valued at approximately $47,165,000.

Other large investors also recently modified their holdings of the company. CYBER HORNET ETFs LLC grew its position in Welltower by 3.5% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock valued at $282,000 after purchasing an additional 53 shares during the period. Frank Rimerman Advisors LLC raised its holdings in Welltower by 0.6% during the third quarter. Frank Rimerman Advisors LLC now owns 9,774 shares of the real estate investment trust’s stock worth $1,741,000 after buying an additional 55 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its stake in shares of Welltower by 3.8% in the third quarter. Onyx Bridge Wealth Group LLC now owns 1,515 shares of the real estate investment trust’s stock valued at $270,000 after buying an additional 56 shares in the last quarter. Sachetta LLC lifted its stake in shares of Welltower by 14.9% in the third quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock valued at $80,000 after buying an additional 58 shares in the last quarter. Finally, PDS Planning Inc grew its holdings in shares of Welltower by 1.4% during the third quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock valued at $771,000 after buying an additional 59 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Performance

Shares of WELL stock opened at $213.38 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. The firm has a 50-day moving average of $198.31 and a 200-day moving average of $188.28. Welltower Inc. has a one year low of $130.29 and a one year high of $216.43. The company has a market cap of $148.88 billion, a P/E ratio of 152.41, a P/E/G ratio of 1.44 and a beta of 0.82.

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

Welltower Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms recently weighed in on WELL. Morgan Stanley upped their target price on shares of Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Cantor Fitzgerald lifted their price target on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. KeyCorp boosted their price objective on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. UBS Group set a $240.00 price objective on Welltower in a research note on Thursday, February 12th. Finally, Citigroup raised their target price on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Welltower has an average rating of “Moderate Buy” and an average price target of $224.71.

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.