Hsbc Holdings PLC Raises Stock Position in Welltower Inc. $WELL

Hsbc Holdings PLC grew its stake in shares of Welltower Inc. (NYSE:WELL) by 22.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,890,794 shares of the real estate investment trust’s stock after acquiring an additional 529,505 shares during the period. Hsbc Holdings PLC’s holdings in Welltower were worth $536,752,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Rockefeller Capital Management L.P. increased its position in shares of Welltower by 8.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 131,768 shares of the real estate investment trust’s stock valued at $24,458,000 after buying an additional 10,712 shares in the last quarter. World Investment Advisors grew its stake in Welltower by 27.9% in the 4th quarter. World Investment Advisors now owns 15,723 shares of the real estate investment trust’s stock valued at $2,918,000 after acquiring an additional 3,427 shares during the last quarter. Corient Private Wealth LLC increased its holdings in Welltower by 7.8% during the 4th quarter. Corient Private Wealth LLC now owns 54,067 shares of the real estate investment trust’s stock valued at $10,040,000 after acquiring an additional 3,915 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Welltower during the 4th quarter valued at about $37,000. Finally, Rehmann Capital Advisory Group raised its position in Welltower by 18.4% during the fourth quarter. Rehmann Capital Advisory Group now owns 4,112 shares of the real estate investment trust’s stock worth $763,000 after acquiring an additional 640 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 2.5%

WELL stock opened at $235.84 on Friday. The company has a 50 day moving average price of $213.45 and a two-hundred day moving average price of $203.18. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The stock has a market capitalization of $166.48 billion, a P/E ratio of 116.75, a PEG ratio of 1.19 and a beta of 0.77. Welltower Inc. has a one year low of $150.20 and a one year high of $236.06.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.34. The business had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business’s revenue was up 38.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, sell-side analysts expect that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio is presently 146.53%.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday. Scotiabank cut their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $238.00 target price on shares of Welltower in a research note on Monday, June 15th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Finally, Raymond James Financial started coverage on Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price target for the company. Thirteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $232.29.

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.