Welltower Inc. $WELL Position Trimmed by Venture Visionary Partners LLC

by · The Markets Daily

Venture Visionary Partners LLC decreased its holdings in Welltower Inc. (NYSE:WELL – Free Report) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 74,144 shares of the real estate investment trust’s stock after selling 3,461 shares during the quarter. Venture Visionary Partners LLC’s holdings in Welltower were worth $14,328,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Welltower by 2.9% during the 4th quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock worth $17,154,349,000 after acquiring an additional 2,643,088 shares in the last quarter. Capital International Investors grew its holdings in shares of Welltower by 2.0% in the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock worth $8,805,411,000 after acquiring an additional 915,514 shares during the last quarter. State Street Corp raised its position in shares of Welltower by 1.2% during the fourth quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock worth $7,751,134,000 after purchasing an additional 506,374 shares during the period. Norges Bank acquired a new stake in shares of Welltower during the fourth quarter worth $5,466,264,000. Finally, Bank of America Corp DE lifted its holdings in shares of Welltower by 1.9% during the third quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust’s stock valued at $3,452,102,000 after purchasing an additional 367,463 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of WELL stock opened at $213.96 on Monday. The company has a market capitalization of $151.03 billion, a price-to-earnings ratio of 105.92, a P/E/G ratio of 1.11 and a beta of 0.79. Welltower Inc. has a 1-year low of $148.97 and a 1-year high of $221.68. 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 stock’s fifty day simple moving average is $209.96 and its 200-day simple moving average is $201.29.

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 (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the prior year, the business earned $1.20 EPS. The business’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, sell-side analysts predict that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Announces Dividend

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 yield of 1.4%. Welltower’s payout ratio is presently 146.53%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on WELL shares. Weiss Ratings upgraded Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. Morgan Stanley boosted their price objective on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Wells Fargo & Company upped their price objective on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Scotiabank raised their target price on shares of Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, UBS Group lifted their target price on shares of Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $231.60.

Get Our Latest Report on WELL

About Welltower

(Free Report)

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.

See Also

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