Dorsey Wright & Associates Increases Stake in Welltower Inc. $WELL

Dorsey Wright & Associates boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 131.5% during the first quarter, HoldingsChannel.com reports. The firm owned 22,908 shares of the real estate investment trust’s stock after acquiring an additional 13,014 shares during the period. Dorsey Wright & Associates’ holdings in Welltower were worth $4,529,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Welltower during the fourth quarter valued at approximately $5,466,264,000. Cardano Risk Management B.V. boosted its position in Welltower by 955.3% in the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after buying an additional 8,612,016 shares during the last quarter. Capital World Investors boosted its position in Welltower by 153.0% in the 4th quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after buying an additional 6,497,258 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Welltower by 2.9% during 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 acquiring an additional 2,643,088 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Welltower by 11.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,826,035 shares of the real estate investment trust’s stock valued at $3,123,082,000 after acquiring an additional 1,734,922 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on the company. Citigroup boosted their price target on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Raymond James Financial assumed coverage on Welltower in a research note on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective for the company. Scotiabank dropped their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Mizuho set a $239.00 target price on Welltower in a research report on Friday, May 22nd. Finally, Wells Fargo & Company increased their target price on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Thirteen 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.72.

Welltower Stock Performance

Shares of NYSE WELL opened at $243.39 on Friday. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The firm’s 50-day moving average price is $218.71 and its two-hundred day moving average price is $206.74. Welltower Inc. has a 52-week low of $156.96 and a 52-week high of $246.43. The stock has a market capitalization of $171.81 billion, a P/E ratio of 120.49, a P/E/G ratio of 1.19 and a beta of 0.77.

Welltower (NYSE:WELL) last announced its quarterly 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. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same quarter 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. As a group, sell-side analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is currently 146.53%.

Welltower Company 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.