Brookstone Capital Management Acquires 15,575 Shares of Welltower Inc. $WELL

Brookstone Capital Management increased its holdings in shares of Welltower Inc. (NYSE:WELL) by 29.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,752 shares of the real estate investment trust’s stock after buying an additional 15,575 shares during the period. Brookstone Capital Management’s holdings in Welltower were worth $13,395,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Welltower by 2.9% during the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after acquiring an additional 2,643,088 shares during the last quarter. Capital International Investors lifted its holdings in shares of Welltower by 2.0% during the fourth quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock worth $8,805,411,000 after purchasing an additional 915,514 shares during the period. State Street Corp grew its stake in shares of Welltower by 1.2% in the fourth quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock worth $7,751,134,000 after purchasing an additional 506,374 shares during the last quarter. Norges Bank bought a new stake in shares of Welltower in the fourth quarter worth $5,466,264,000. Finally, Bank of America Corp DE increased its holdings in Welltower by 5.3% in the fourth quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock valued at $3,787,049,000 after purchasing an additional 1,024,668 shares during the period. 94.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on WELL shares. Jefferies Financial Group raised their target price on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. Scotiabank decreased their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Raymond James Financial assumed coverage on Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective for the company. Finally, Weiss Ratings raised Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 2nd. Thirteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $230.25.

Welltower Stock Performance

WELL stock opened at $211.72 on Tuesday. The firm has a market cap of $149.45 billion, a PE ratio of 104.81, a price-to-earnings-growth ratio of 1.07 and a beta of 0.79. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The stock has a 50-day moving average price of $210.77 and a 200-day moving average price of $201.48. Welltower Inc. has a 1-year low of $148.97 and a 1-year high of $221.68.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 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 company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the company earned $1.20 EPS. The firm’s revenue for the quarter was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, equities research analysts expect that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Announces Dividend

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

Welltower Company 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.