7,988 Shares in Welltower Inc. $WELL Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.
by Renee Jackson · The Cerbat GemFideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Welltower Inc. (NYSE:WELL – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 7,988 shares of the real estate investment trust’s stock, valued at approximately $1,483,000.
Several other institutional investors and hedge funds have also made changes to their positions in the business. National Pension Service lifted its holdings in Welltower by 2.1% in the 3rd quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock valued at $301,401,000 after purchasing an additional 34,532 shares in the last quarter. B&I Capital AG lifted its holdings in Welltower by 5.7% in the 3rd quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock valued at $28,759,000 after purchasing an additional 8,650 shares in the last quarter. GDS Wealth Management lifted its holdings in Welltower by 13.7% in the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock valued at $11,359,000 after purchasing an additional 7,699 shares in the last quarter. New York Life Investment Management LLC lifted its holdings in Welltower by 4.3% in the 3rd quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock valued at $17,345,000 after purchasing an additional 4,019 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management UK Ltd. purchased a new position in Welltower in the 3rd quarter valued at about $1,781,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms have issued reports on WELL. KeyCorp upped their target price on shares of Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. Jefferies Financial Group upped their target price on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Morgan Stanley upped their target price on shares of Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Citigroup upped their target price on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada upped their target price on shares of Welltower from $230.00 to $238.00 and gave the company an “outperform” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $231.00.
Get Our Latest Analysis on WELL
Welltower Trading Up 0.1%
Shares of WELL stock opened at $216.31 on Friday. The firm has a market cap of $152.70 billion, a P/E ratio of 107.09, a PEG ratio of 1.13 and a beta of 0.83. Welltower Inc. has a 1-year low of $147.49 and a 1-year high of $221.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. The firm’s 50-day simple moving average is $208.17 and its 200-day simple moving average is $199.71.
Welltower (NYSE:WELL – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.34. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company’s revenue was up 38.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, equities analysts forecast that Welltower Inc. will post 6.28 EPS for the current year.
Welltower Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio is presently 146.53%.
Welltower Company 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.
Further Reading
- Five stocks we like better than Welltower
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Want to see what other hedge funds are holding WELL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Welltower Inc. (NYSE:WELL – Free Report).