Empirical Financial Services LLC d.b.a. Empirical Wealth Management Grows Position in Welltower Inc. $WELL

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Welltower Inc. (NYSE:WELL) by 71.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,239 shares of the real estate investment trust’s stock after acquiring an additional 3,444 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Welltower were worth $1,629,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Leonteq Securities AG boosted its holdings in Welltower by 92.3% during the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 60 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Marquette Asset Management LLC grew its holdings 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 worth $28,000 after acquiring an additional 59 shares during the period. Swiss RE Ltd. purchased a new position in Welltower in the 4th quarter valued at approximately $29,000. Finally, Quarry LP purchased a new position in Welltower in the 3rd quarter valued at approximately $33,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on WELL shares. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft upped their target price on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $238.00 price target on shares of Welltower in a research note on Monday, June 15th. BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research report on Monday, May 4th. Finally, UBS Group boosted their price objective on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $234.72.

Welltower Stock Performance

Shares of NYSE WELL opened at $233.43 on Thursday. The company has a market cap of $164.78 billion, a PE ratio of 115.56, a price-to-earnings-growth ratio of 1.16 and a beta of 0.77. Welltower Inc. has a 12 month low of $156.23 and a 12 month high of $239.10. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. The company has a 50-day simple moving average of $217.56 and a 200-day simple moving average of $206.10.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the prior year, the firm posted $1.20 earnings per share. The company’s quarterly 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. On average, equities analysts anticipate 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 paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio 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.