Contravisory Investment Management Inc. Boosts Holdings in Welltower Inc. $WELL

Contravisory Investment Management Inc. raised its position in Welltower Inc. (NYSE:WELL) by 104.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,017 shares of the real estate investment trust’s stock after acquiring an additional 5,630 shares during the period. Contravisory Investment Management Inc.’s holdings in Welltower were worth $2,178,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of WELL. Hager Investment Management Services LLC raised its stake 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 valued at $25,000 after buying an additional 65 shares during the last quarter. Marquette Asset Management LLC raised its position in shares of Welltower by 62.8% in the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares during the last quarter. Swiss RE Ltd. purchased a new position in shares of Welltower in the 4th quarter valued at approximately $29,000. Financial Consulate Inc. acquired a new stake in Welltower in the 4th quarter worth approximately $34,000. Finally, Quarry LP acquired a new position in Welltower during the 3rd quarter valued at approximately $33,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on WELL shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $238.00 price target on shares of Welltower in a report on Monday, June 15th. Scotiabank cut their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Citigroup lifted their price target on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Mizuho set a $239.00 price objective on Welltower in a report on Friday, May 22nd. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $230.25.

Welltower Stock Up 0.9%

Shares of WELL stock opened at $223.41 on Friday. 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 market cap of $157.71 billion, a P/E ratio of 110.60, a P/E/G ratio of 1.14 and a beta of 0.79. The stock has a 50 day moving average of $211.52 and a 200 day moving average of $201.85. Welltower Inc. has a twelve month low of $148.97 and a twelve month high of $224.47.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate 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 in the prior 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, sell-side analysts expect that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.3%. 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.