Welltower Inc. $WELL Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 11.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,231,108 shares of the real estate investment trust’s stock after buying an additional 340,314 shares during the quarter. Hsbc Holdings PLC’s holdings in Welltower were worth $639,048,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its holdings 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 worth $17,154,349,000 after purchasing an additional 2,643,088 shares during the last quarter. Capital International Investors lifted its position in Welltower by 2.0% during the fourth quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after purchasing an additional 915,514 shares during the period. State Street Corp boosted its holdings in Welltower by 1.2% in the fourth quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after purchasing an additional 506,374 shares during the last quarter. Norges Bank purchased a new stake in Welltower in the fourth quarter valued at $5,466,264,000. Finally, Bank of America Corp DE grew its position in Welltower by 5.3% during the 4th quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock worth $3,787,049,000 after purchasing an additional 1,024,668 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Up 0.8%

WELL opened at $243.39 on Friday. The company has a fifty day moving average of $218.71 and a two-hundred day moving average of $206.74. The stock has a market capitalization of $171.81 billion, a price-to-earnings ratio of 120.49, a PEG ratio of 1.19 and a beta of 0.77. Welltower Inc. has a fifty-two week low of $156.96 and a fifty-two week high of $246.43. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31.

Welltower (NYSE:WELL) last posted its earnings results 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. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the prior year, the company posted $1.20 EPS. The company’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, research analysts expect that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.2%. Welltower’s dividend payout ratio is presently 146.53%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WELL. Citigroup lifted their price objective on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Raymond James Financial assumed coverage on Welltower in a report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price on the stock. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Mizuho set a $239.00 price target on Welltower in a report on Friday, May 22nd. Finally, Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.72.

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.