Proficio Capital Partners LLC Makes New Investment in Welltower Inc. $WELL

Proficio Capital Partners LLC purchased a new position in shares of Welltower Inc. (NYSE:WELL) during the second quarter, HoldingsChannel.com reports. The fund purchased 4,862 shares of the real estate investment trust’s stock, valued at approximately $1,104,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Welltower in the 4th quarter worth $5,466,264,000. Bank of America Corp DE acquired a new position in Welltower during the 2nd quarter valued at about $4,425,089,000. Cardano Risk Management B.V. raised its stake in Welltower by 955.3% in the fourth 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. Legal & General Group Plc purchased a new stake in Welltower in the second quarter valued at about $1,599,351,000. Finally, Capital World Investors boosted its holdings in Welltower by 153.0% in the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock worth $1,994,290,000 after acquiring an additional 6,497,258 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 1.8%

Welltower stock opened at $240.58 on Wednesday. The business’s 50-day simple moving average is $236.50 and its two-hundred day simple moving average is $218.21. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The company has a market cap of $173.40 billion, a PE ratio of 110.36, a PEG ratio of 1.13 and a beta of 0.76. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week high of $255.20.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the business earned $1.28 earnings per share. The company’s revenue for the quarter was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities analysts anticipate that Welltower Inc. will post 6.43 EPS for the current year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were issued a $0.85 dividend. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio is currently 155.96%.

Insider Transactions at Welltower

In other Welltower news, Director Andrew Gundlach purchased 5,000 shares of Welltower stock in a transaction on Tuesday, August 25th. The stock was bought at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the transaction, the director owned 25,000 shares of the company’s stock, valued at $5,986,750. This represents a 25.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on WELL shares. Deutsche Bank Aktiengesellschaft boosted their price target on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Barclays increased their price objective on shares of Welltower from $254.00 to $259.00 and gave the company an “equal weight” rating in a research report on Monday. Mizuho lifted their target price on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Wells Fargo & Company boosted their target price on shares of Welltower from $237.00 to $266.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Morgan Stanley upped their price target on shares of Welltower from $215.00 to $251.00 and gave the company an “overweight” rating in a research note on Tuesday. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $250.00.

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.