Welltower Inc. $WELL Stock Holdings Increased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 4.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 60,457 shares of the real estate investment trust’s stock after purchasing an additional 2,320 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Welltower were worth $12,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in WELL. Leonteq Securities AG lifted its position in shares of Welltower by 92.3% in the 1st 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 during the last quarter. Sound Income Strategies LLC grew its position 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 valued at $27,000 after buying an additional 76 shares during the last quarter. Marquette Asset Management LLC grew its position in shares of Welltower by 62.8% during 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 stake in Welltower during the fourth quarter worth about $29,000. Finally, Financial Consulate Inc. acquired a new stake in Welltower during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 0.7%

WELL stock opened at $246.59 on Wednesday. The firm’s 50-day moving average is $219.89 and its two-hundred day moving average is $207.69. 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 company has a market capitalization of $174.07 billion, a price-to-earnings ratio of 122.07, a price-to-earnings-growth ratio of 1.20 and a beta of 0.77. Welltower Inc. has a 52 week low of $158.24 and a 52 week high of $247.45.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. The firm 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 revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Barclays assumed coverage on Welltower in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 price objective for the company. Wells Fargo & Company increased their target price on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. BMO Capital Markets restated an “outperform” rating and issued a $245.00 target price on shares of Welltower in a research report on Monday, May 4th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $238.00 target price on shares of Welltower in a research report on Monday, June 15th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and a consensus price target 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.