Boothbay Fund Management LLC Cuts Position in Welltower Inc. $WELL

Boothbay Fund Management LLC lowered its holdings in Welltower Inc. (NYSE:WELL) by 34.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,890 shares of the real estate investment trust’s stock after selling 14,374 shares during the quarter. Boothbay Fund Management LLC’s holdings in Welltower were worth $4,968,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in WELL. Algert Global LLC acquired a new stake in shares of Welltower in the third quarter valued at about $2,624,000. Schonfeld Strategic Advisors LLC grew its position in Welltower by 253.9% during the third quarter. Schonfeld Strategic Advisors LLC now owns 165,668 shares of the real estate investment trust’s stock worth $29,512,000 after buying an additional 118,860 shares during the period. Creative Planning grew its position in Welltower by 11.5% during the third quarter. Creative Planning now owns 200,963 shares of the real estate investment trust’s stock worth $35,799,000 after buying an additional 20,738 shares during the period. FJ Capital Management LLC increased its holdings in Welltower by 1.4% in the third quarter. FJ Capital Management LLC now owns 28,845 shares of the real estate investment trust’s stock valued at $5,138,000 after buying an additional 391 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Welltower by 95.5% in the third quarter. AQR Capital Management LLC now owns 853,470 shares of the real estate investment trust’s stock valued at $151,073,000 after buying an additional 416,920 shares in the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Up 0.8%

WELL stock opened at $207.88 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. The company’s 50 day simple moving average is $197.25 and its 200-day simple moving average is $187.66. Welltower Inc. has a 12 month low of $130.29 and a 12 month high of $216.43. The firm has a market capitalization of $145.05 billion, a PE ratio of 148.48, a P/E/G ratio of 1.42 and a beta of 0.82.

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 firm 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 EPS. The company’s quarterly revenue was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Equities analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, February 25th. Welltower’s payout ratio is 211.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on WELL shares. Jefferies Financial Group reissued a “buy” rating and set a $231.00 price target on shares of Welltower in a research note on Monday, December 15th. Cantor Fitzgerald raised their price objective on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. KeyCorp lifted their price objective on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Wall Street Zen lowered Welltower from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Citigroup lifted their price target on Welltower from $215.00 to $245.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Welltower has an average rating of “Moderate Buy” and an average target price of $224.71.

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.