Beto Financial Group LLC Makes New Investment in Welltower Inc. $WELL

Beto Financial Group LLC purchased a new position in shares of Welltower Inc. (NYSE:WELL) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 3,694 shares of the real estate investment trust’s stock, valued at approximately $692,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management UK Ltd. purchased a new position in shares of Welltower in the third quarter worth about $1,781,000. New York Life Investment Management LLC increased its holdings in shares of Welltower by 4.3% in the third quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock worth $17,345,000 after buying an additional 4,019 shares during the period. Benchmark Investment Advisors LLC purchased a new position in shares of Welltower in the third quarter worth about $901,000. Signature Estate & Investment Advisors LLC increased its holdings in shares of Welltower by 3,192.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 47,380 shares of the real estate investment trust’s stock worth $8,440,000 after buying an additional 45,941 shares during the period. Finally, AIA Group Ltd increased its holdings in shares of Welltower by 53.8% in the third quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock worth $4,275,000 after buying an additional 8,400 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of WELL opened at $197.57 on Tuesday. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average price is $208.37 and its 200-day moving average price is $200.75. Welltower Inc. has a 52 week low of $148.60 and a 52 week high of $221.68. The stock has a market cap of $139.47 billion, a P/E ratio of 97.81, a P/E/G ratio of 1.06 and a beta of 0.79.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the previous year, the firm posted $1.20 EPS. The business’s revenue for the quarter was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities research analysts anticipate that Welltower Inc. will post 6.32 earnings per share for the current fiscal 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 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is currently 146.53%.

Analysts Set New Price Targets

WELL has been the topic of several analyst reports. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Morgan Stanley boosted their price target on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. KeyCorp boosted their price target on Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Finally, UBS Group boosted their price target on Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $231.60.

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.