Barclays PLC Cuts Position in Welltower Inc. $WELL

Barclays PLC decreased its holdings in Welltower Inc. (NYSE:WELL) by 9.7% in the 4th quarter, HoldingsChannel reports. The fund owned 1,650,938 shares of the real estate investment trust’s stock after selling 178,233 shares during the quarter. Barclays PLC’s holdings in Welltower were worth $306,431,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of WELL. Norges Bank purchased a new position in Welltower in the fourth quarter worth $5,466,264,000. Cardano Risk Management B.V. grew its holdings in Welltower by 955.3% in the fourth quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after purchasing an additional 8,612,016 shares during the last quarter. Capital World Investors grew its holdings in Welltower by 153.0% in the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after purchasing an additional 6,497,258 shares during the last quarter. Vanguard Group Inc. grew its holdings in Welltower by 4.7% in the third quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock valued at $15,993,121,000 after purchasing an additional 3,991,896 shares during the last quarter. Finally, Capital International Investors grew its holdings in Welltower by 4.1% in the third quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock valued at $8,285,296,000 after purchasing an additional 1,842,934 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

WELL has been the topic of several research reports. Jefferies Financial Group upped their target price on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Citigroup increased their price objective on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Wells Fargo & Company increased their price objective on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, Morgan Stanley increased their price objective on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $231.60.

Welltower Price Performance

WELL opened at $213.96 on Monday. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 52-week low of $148.97 and a 52-week high of $221.68. The company has a 50 day moving average of $209.96 and a two-hundred day moving average of $201.29. The company has a market cap of $151.03 billion, a P/E ratio of 105.92, a P/E/G ratio of 1.11 and a beta of 0.79.

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

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

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.