ABN Amro Investment Solutions boosted its position in shares of Welltower Inc. (NYSE:WELL – Free Report) by 5.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,975 shares of the real estate investment trust’s stock after acquiring an additional 4,355 shares during the period. ABN Amro Investment Solutions’ holdings in Welltower were worth $16,800,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the stock. Leonteq Securities AG increased its holdings in shares of 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 lifted its stake in shares of Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares during the period. Marquette Asset Management LLC increased its stake 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 acquiring an additional 59 shares during the last quarter. Swiss RE Ltd. bought a new stake in shares of Welltower in the 4th quarter valued at $29,000. Finally, Quarry LP bought a new position in Welltower during the third quarter worth about $33,000. 94.80% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. BMO Capital Markets reiterated an “outperform” rating and set a $245.00 price objective on shares of Welltower in a report on Monday, May 4th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Wells Fargo & Company raised their target price on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Mizuho set a $239.00 price objective on Welltower in a research report on Friday, May 22nd. Finally, Citigroup increased their price objective on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $234.72.
Welltower Stock Performance
NYSE WELL opened at $246.59 on Wednesday. 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 firm’s fifty day moving average price is $219.89 and its two-hundred day moving average price is $207.69. Welltower Inc. has a 1 year low of $158.24 and a 1 year high of $247.45. The firm has a market capitalization of $174.07 billion, a P/E ratio of 122.07, a price-to-earnings-growth ratio of 1.20 and a beta of 0.77.
Welltower (NYSE:WELL – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. The company had revenue of $3.35 billion during 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 company’s quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, research analysts anticipate that Welltower Inc. will post 6.32 EPS for the current year.
Welltower Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Wednesday, May 13th. Welltower’s payout ratio is currently 146.53%.
Welltower 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.
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