AMF Tjanstepension AB boosted its holdings in shares of Welltower Inc. (NYSE:WELL – Free Report) by 39.7% in the first quarter, HoldingsChannel reports. The firm owned 37,040 shares of the real estate investment trust’s stock after buying an additional 10,533 shares during the period. AMF Tjanstepension AB’s holdings in Welltower were worth $7,323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in shares of Welltower in the fourth quarter worth about $5,466,264,000. Cardano Risk Management B.V. lifted its stake in shares of Welltower by 955.3% in the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after purchasing an additional 8,612,016 shares during the period. Capital World Investors boosted its holdings in Welltower by 153.0% during the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock worth $1,994,290,000 after buying an additional 6,497,258 shares in the last quarter. Vanguard Group Inc. increased its holdings in Welltower by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after buying an additional 2,643,088 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Welltower by 11.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,826,035 shares of the real estate investment trust’s stock worth $3,123,082,000 after acquiring an additional 1,734,922 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the company. Royal Bank Of Canada restated an “outperform” rating and set a $238.00 target price on shares of Welltower in a research report on Monday, June 15th. Mizuho set a $239.00 price objective on shares of Welltower in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $245.00 price target on shares of Welltower in a research note on Monday, May 4th. Finally, Barclays assumed coverage on shares of Welltower in a report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 target price for the company. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Welltower has an average rating of “Moderate Buy” and an average target price of $234.72.
Welltower Price Performance
Welltower stock opened at $231.32 on Monday. Welltower Inc. has a 12-month low of $151.92 and a 12-month high of $239.10. The stock has a market cap of $163.29 billion, a P/E ratio of 114.52, a PEG ratio of 1.14 and a beta of 0.77. The company has a 50-day moving average price of $216.45 and a 200 day moving average price of $205.10. 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 (NYSE:WELL – Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.34. The company had revenue of $3.35 billion during the quarter, compared to analysts’ expectations 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 last year, the firm earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Sell-side analysts anticipate that Welltower Inc. will post 6.32 earnings per share for the current year.
Welltower Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a dividend of $0.74 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.3%. Welltower’s dividend payout ratio (DPR) is presently 146.53%.
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.
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