Welltower Inc. $WELL Shares Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC grew its position in Welltower Inc. (NYSE:WELL) by 1,810.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,217 shares of the real estate investment trust’s stock after acquiring an additional 26,740 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Welltower were worth $5,579,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Sound Income Strategies LLC raised its stake in Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Marquette Asset Management LLC grew 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 buying an additional 59 shares during the last quarter. Swiss RE Ltd. acquired a new position in Welltower in the 4th quarter valued at $29,000. Quarry LP acquired a new position in Welltower in the 3rd quarter valued at $33,000. Finally, Financial Consulate Inc. purchased a new position in Welltower during the 4th quarter worth $34,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Stock Performance

Shares of WELL stock opened at $235.84 on Friday. The stock has a fifty day moving average price of $214.18 and a 200 day moving average price of $203.41. The stock has a market cap of $166.48 billion, a PE ratio of 116.75, a P/E/G ratio of 1.22 and a beta of 0.77. Welltower Inc. has a 1 year low of $150.20 and a 1 year high of $236.06. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share 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 earnings per share. Welltower’s 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. Sell-side analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders 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 yield of 1.3%. Welltower’s payout ratio is presently 146.53%.

Analysts Set New Price Targets

WELL has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Raymond James Financial started coverage on Welltower in a report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price objective on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $238.00 target price on shares of Welltower in a research note on Monday, June 15th. UBS Group raised their price target on Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a report on Monday, May 4th. Finally, Wells Fargo & Company upped their price objective on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $232.29.

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.