Connors Investor Services Inc. Sells 3,229 Shares of Welltower Inc. $WELL

Connors Investor Services Inc. reduced its stake in Welltower Inc. (NYSE:WELL) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,991 shares of the real estate investment trust’s stock after selling 3,229 shares during the quarter. Welltower comprises 1.5% of Connors Investor Services Inc.’s holdings, making the stock its 22nd largest position. Connors Investor Services Inc.’s holdings in Welltower were worth $17,996,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of WELL. Hager Investment Management Services LLC raised its holdings in Welltower by 84.4% in the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Marquette Asset Management LLC increased its holdings in shares of Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the period. Quarry LP bought a new position in shares of Welltower during the third quarter worth approximately $33,000. Financial Consulate Inc. bought a new position in shares of Welltower during the fourth quarter worth approximately $34,000. Finally, MMA Asset Management LLC bought a new position in shares of Welltower during the third quarter worth approximately $35,000. 94.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WELL has been the topic of several recent research reports. Scotiabank raised their target price on shares of Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a report on Thursday. UBS Group raised their target price on shares of Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Citigroup raised their target price on shares of Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Finally, Royal Bank Of Canada raised their target price on shares of Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $231.00.

Welltower Stock Performance

Shares of NYSE:WELL opened at $216.31 on Friday. The company’s 50 day simple moving average is $208.17 and its 200 day simple moving average is $199.71. The stock has a market capitalization of $152.70 billion, a price-to-earnings ratio of 107.09, a price-to-earnings-growth ratio of 1.13 and a beta of 0.83. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. Welltower Inc. has a 1 year low of $147.49 and a 1 year high of $221.68.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. The business had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same period last year, the firm posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, research analysts predict that Welltower Inc. will post 6.28 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a $0.74 dividend. 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, May 13th. Welltower’s dividend payout ratio (DPR) is 146.53%.

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.