D.A. Davidson & CO. Sells 6,752 Shares of Welltower Inc. $WELL

D.A. Davidson & CO. cut its stake in shares of Welltower Inc. (NYSE:WELL) by 42.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 9,310 shares of the real estate investment trust’s stock after selling 6,752 shares during the quarter. D.A. Davidson & CO.’s holdings in Welltower were worth $1,841,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WELL. Wealth Enhancement Advisory Services LLC lifted its stake in Welltower by 30.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 195,052 shares of the real estate investment trust’s stock valued at $36,214,000 after buying an additional 45,214 shares during the period. KLP Kapitalforvaltning AS increased its stake in Welltower by 21.2% during the 4th quarter. KLP Kapitalforvaltning AS now owns 291,146 shares of the real estate investment trust’s stock valued at $54,040,000 after purchasing an additional 50,900 shares in the last quarter. Congress Asset Management Co. raised its holdings in Welltower by 28.0% during the fourth quarter. Congress Asset Management Co. now owns 753,330 shares of the real estate investment trust’s stock worth $139,826,000 after buying an additional 164,708 shares during the last quarter. Easterly Investment Partners LLC lifted its stake in shares of Welltower by 184.9% in the fourth quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust’s stock valued at $17,151,000 after buying an additional 59,967 shares in the last quarter. Finally, Park Edge Advisors LLC bought a new position in Welltower in the 4th quarter valued at about $974,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 0.7%

Shares of 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. Welltower Inc. has a 12 month low of $158.24 and a 12 month high of $247.45. The firm has a fifty day simple moving average of $219.89 and a two-hundred day simple moving average of $207.69. The firm has a market capitalization of $174.07 billion, a PE ratio of 122.07, a price-to-earnings-growth ratio of 1.20 and a beta of 0.77.

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

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is currently 146.53%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on WELL shares. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Jefferies Financial Group increased their price target on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. UBS Group lifted their price objective on shares of Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Finally, Barclays initiated coverage on Welltower in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 target price for the company. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $234.72.

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.