Cibc World Market Inc. Has $56.78 Million Stock Position in Welltower Inc. $WELL

Cibc World Market Inc. increased its position in Welltower Inc. (NYSE:WELL) by 8.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 305,886 shares of the real estate investment trust’s stock after purchasing an additional 24,125 shares during the quarter. Cibc World Market Inc.’s holdings in Welltower were worth $56,776,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC increased its position in Welltower by 84.4% in the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 65 shares during the period. Marquette Asset Management LLC increased its position in Welltower by 62.8% in 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 acquired a new stake in Welltower in the third quarter worth about $33,000. Financial Consulate Inc. acquired a new stake in Welltower in the fourth quarter worth about $34,000. Finally, MMA Asset Management LLC acquired a new stake in Welltower in the third quarter worth about $35,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Price Performance

Welltower stock opened at $199.95 on Thursday. The firm has a market capitalization of $141.15 billion, a P/E ratio of 98.99, a PEG ratio of 1.01 and a beta of 0.79. Welltower Inc. has a 1 year low of $148.60 and a 1 year high of $221.68. The business has a 50-day moving average of $208.47 and a 200-day moving average of $200.84. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous year, the firm earned $1.20 EPS. Welltower’s quarterly revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities analysts anticipate that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a $0.74 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. Welltower’s payout ratio is currently 146.53%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Cantor Fitzgerald lifted their price objective on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Weiss Ratings upgraded Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Jefferies Financial Group lifted their price objective on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Mizuho set a $239.00 price objective on Welltower in a research report on Friday, May 22nd. Finally, Citigroup boosted their target price on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and a consensus price target of $231.60.

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.