Welltower Inc. $WELL Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 22.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,890,794 shares of the real estate investment trust’s stock after buying an additional 529,505 shares during the quarter. Hsbc Holdings PLC owned about 0.41% of Welltower worth $536,752,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Marquette Asset Management LLC raised its position in 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 Welltower during the 4th quarter worth $29,000. Quarry LP acquired a new position in Welltower in the third quarter valued at $33,000. Financial Consulate Inc. acquired a new position in Welltower in the fourth quarter valued at $34,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Welltower in the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. BMO Capital Markets reissued an “outperform” rating and set a $245.00 price target on shares of Welltower in a report on Monday, May 4th. Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Mizuho set a $239.00 price objective on Welltower in a research report on Friday, May 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $238.00 target price on shares of Welltower in a research note on Monday, June 15th. Finally, Raymond James Financial started coverage on Welltower in a report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 target price on the stock. Thirteen 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 $232.29.

Welltower Stock Up 2.5%

Shares of NYSE:WELL opened at $235.84 on Friday. Welltower Inc. has a fifty-two week low of $150.20 and a fifty-two week high of $236.06. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The firm’s 50-day simple moving average is $213.45 and its 200-day simple moving average is $203.18. The company has a market cap of $166.48 billion, a price-to-earnings ratio of 116.75, a PEG ratio of 1.19 and a beta of 0.77.

Welltower (NYSE:WELL) last posted its quarterly earnings results 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 firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the company posted $1.20 earnings per share. The firm’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. As a group, equities research analysts predict 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. Stockholders of record on Wednesday, May 13th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is currently 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.