Welltower Inc. $WELL Shares Sold by Citigroup Inc.

Citigroup Inc. lowered its stake in Welltower Inc. (NYSE:WELL) by 24.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 630,535 shares of the real estate investment trust’s stock after selling 201,008 shares during the period. Citigroup Inc.’s holdings in Welltower were worth $112,324,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Tredje AP fonden grew its stake in Welltower by 73.7% in the third quarter. Tredje AP fonden now owns 141,421 shares of the real estate investment trust’s stock worth $25,193,000 after purchasing an additional 60,000 shares in the last quarter. Stevens Capital Management LP lifted its holdings in Welltower by 13.6% during the 3rd quarter. Stevens Capital Management LP now owns 46,549 shares of the real estate investment trust’s stock worth $8,292,000 after buying an additional 5,560 shares during the last quarter. Raiffeisen Bank International AG lifted its holdings in Welltower by 41.2% during the 3rd quarter. Raiffeisen Bank International AG now owns 25,172 shares of the real estate investment trust’s stock worth $4,435,000 after buying an additional 7,339 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Welltower by 75.3% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,825 shares of the real estate investment trust’s stock valued at $860,000 after acquiring an additional 2,072 shares during the last quarter. Finally, Bridgewater Advisors Inc. increased its holdings in shares of Welltower by 12.5% in the 3rd quarter. Bridgewater Advisors Inc. now owns 1,644 shares of the real estate investment trust’s stock valued at $289,000 after acquiring an additional 183 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on WELL shares. Cantor Fitzgerald increased their target price on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Wells Fargo & Company boosted their price objective on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th. Citigroup upped their target price on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday. Finally, KeyCorp reiterated an “overweight” rating on shares of Welltower in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.50.

Welltower Price Performance

NYSE WELL opened at $208.13 on Monday. Welltower Inc. has a 52 week low of $130.29 and a 52 week high of $216.43. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. The stock has a market cap of $145.22 billion, a price-to-earnings ratio of 148.67, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85. The company has a 50-day moving average price of $191.34 and a two-hundred day moving average price of $183.22.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same period in the previous year, the firm posted $1.13 earnings per share. The business’s revenue was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be issued a $0.74 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. Welltower’s dividend payout ratio is 211.43%.

Welltower 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.