Danske Bank A S Purchases Shares of 378,021 Welltower Inc. $WELL

Danske Bank A S acquired a new position in shares of Welltower Inc. (NYSE:WELL) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 378,021 shares of the real estate investment trust’s stock, valued at approximately $67,341,000.

Several other hedge funds have also recently added to or reduced their stakes in WELL. Vanguard Group Inc. grew its holdings in Welltower by 4.7% during the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after acquiring an additional 3,991,896 shares in the last quarter. Capital International Investors lifted its position in shares of Welltower by 4.1% during the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after purchasing an additional 1,842,934 shares during the last quarter. State Street Corp grew its stake in shares of Welltower by 4.1% during the third quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock worth $7,348,979,000 after purchasing an additional 1,637,665 shares in the last quarter. Norges Bank purchased a new position in Welltower in the second quarter valued at $4,903,554,000. Finally, Bank of America Corp DE raised its stake in Welltower by 1.9% in the third quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust’s stock valued at $3,452,102,000 after buying an additional 367,463 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of Welltower stock opened at $209.54 on Thursday. The firm’s fifty day simple moving average is $198.78 and its 200-day simple moving average is $188.42. Welltower Inc. has a 12 month low of $130.29 and a 12 month high of $216.43. The stock has a market capitalization of $146.21 billion, a price-to-earnings ratio of 149.68, a PEG ratio of 1.46 and a beta of 0.82. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46.

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 net margin of 8.64% and a return on equity of 2.46%. The company had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same period last year, the firm posted $1.13 EPS. Welltower’s revenue for the quarter was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, equities analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 211.43%.

Analyst Ratings Changes

Several research analysts have recently issued reports on WELL shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $231.00 price objective on shares of Welltower in a research report on Monday, December 15th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $205.00 price target on shares of Welltower in a research note on Thursday, December 18th. Royal Bank Of Canada boosted their price objective on shares of Welltower from $207.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. UBS Group set a $240.00 target price on shares of Welltower in a research report on Thursday, February 12th. Finally, Scotiabank boosted their price target on shares of Welltower from $214.00 to $236.00 and gave the company a “sector outperform” rating in a research report on Monday, March 2nd. One research 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 assigned a Sell rating to the company. Based on data from MarketBeat, Welltower currently has a consensus 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.