Cynosure Group LLC Takes Position in Welltower Inc. $WELL

Cynosure Group LLC acquired a new stake in shares of Welltower Inc. (NYSE:WELL) in the fourth quarter, HoldingsChannel reports. The firm acquired 2,568 shares of the real estate investment trust’s stock, valued at approximately $477,000.

A number of other institutional investors have also recently made changes to their positions in WELL. Hager Investment Management Services LLC grew its position in shares of Welltower by 84.4% during the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 65 shares in the last quarter. Marquette Asset Management LLC grew its position in shares of Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares in the last quarter. Swiss RE Ltd. purchased a new position in shares of Welltower during the fourth quarter valued at about $29,000. Quarry LP purchased a new position in shares of Welltower during the third quarter valued at about $33,000. Finally, Financial Consulate Inc. purchased a new position in shares of Welltower during the fourth quarter valued at about $34,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on WELL. Mizuho set a $239.00 price objective on Welltower in a research report on Friday, May 22nd. Scotiabank raised their price objective on Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Raymond James Financial set a $226.00 price objective on Welltower in a research report on Tuesday. Jefferies Financial Group lifted their price target on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $231.25.

Welltower Stock Up 0.5%

Shares of NYSE:WELL opened at $213.82 on Wednesday. Welltower Inc. has a 1 year low of $148.97 and a 1 year high of $221.68. The business has a 50 day simple moving average of $210.41 and a two-hundred day simple moving average of $201.40. The firm has a market capitalization of $150.94 billion, a PE ratio of 105.85, a price-to-earnings-growth ratio of 1.10 and a beta of 0.79. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the previous year, the business earned $1.20 earnings per share. The company’s revenue for the quarter was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities analysts predict 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. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, May 13th. Welltower’s payout ratio is 146.53%.

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.