Welltower Inc. $WELL Shares Purchased by Assetmark Inc.

Assetmark Inc. boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 10.3% during the 1st quarter, HoldingsChannel reports. The firm owned 144,528 shares of the real estate investment trust’s stock after purchasing an additional 13,462 shares during the period. Assetmark Inc.’s holdings in Welltower were worth $28,575,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of WELL. Leonteq Securities AG boosted its stake in shares of Welltower by 92.3% during the first 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 period. Sound Income Strategies LLC raised its stake in 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 acquiring an additional 76 shares during the last quarter. Marquette Asset Management LLC lifted its position in Welltower by 62.8% during 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 period. Swiss RE Ltd. acquired a new stake in Welltower during the 4th quarter worth approximately $29,000. Finally, Quarry LP purchased a new position in shares of Welltower in the 3rd quarter valued at approximately $33,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Trading Up 0.8%

Shares of WELL stock opened at $243.39 on Friday. The business’s fifty day moving average price is $218.71 and its 200 day moving average price is $206.74. The firm has a market capitalization of $171.81 billion, a PE ratio of 120.49, a P/E/G ratio of 1.19 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. Welltower Inc. has a 1-year low of $156.96 and a 1-year high of $246.43.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating 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 company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter last year, the company earned $1.20 earnings per share. Welltower’s quarterly revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, sell-side analysts forecast that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. UBS Group upped their price target on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Scotiabank lowered their price objective on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. Barclays started coverage on shares of Welltower in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price objective on the stock. Raymond James Financial initiated coverage on shares of Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Thirteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.