Bessemer Group Inc. Grows Position in Welltower Inc. $WELL

Bessemer Group Inc. grew its stake in shares of Welltower Inc. (NYSE:WELL) by 20.3% in the first quarter, HoldingsChannel.com reports. The firm owned 16,738 shares of the real estate investment trust’s stock after buying an additional 2,829 shares during the quarter. Bessemer Group Inc.’s holdings in Welltower were worth $3,310,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Leonteq Securities AG raised its holdings in Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 60 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Welltower by 124.6% in 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 during the last quarter. Marquette Asset Management LLC grew its holdings 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 worth $28,000 after acquiring an additional 59 shares during the last quarter. Swiss RE Ltd. bought a new stake in Welltower in the 4th quarter worth $29,000. Finally, Quarry LP purchased a new position in shares of Welltower in the third quarter valued at about $33,000. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE WELL opened at $246.59 on Wednesday. Welltower Inc. has a 1 year low of $158.24 and a 1 year high of $247.45. 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’s 50-day moving average is $219.89 and its 200 day moving average is $207.69. The stock has a market capitalization of $174.07 billion, a P/E ratio of 122.07, a P/E/G ratio of 1.20 and a beta of 0.77.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping the consensus estimate of $0.68 by $0.34. The business had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. Welltower’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same period last year, the business posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, sell-side analysts expect that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Jefferies Financial Group upped their price objective on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Mizuho set a $239.00 price target on Welltower in a report on Friday, May 22nd. Scotiabank lowered their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. UBS Group increased their price objective on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Finally, Raymond James Financial started coverage on Welltower in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price objective on the stock. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $234.72.

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.