Welltower Inc. $WELL Shares Sold by Neuberger Berman Group LLC

Neuberger Berman Group LLC lessened its stake in Welltower Inc. (NYSE:WELL) by 9.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 702,043 shares of the real estate investment trust’s stock after selling 76,376 shares during the quarter. Neuberger Berman Group LLC’s holdings in Welltower were worth $125,062,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hager Investment Management Services LLC increased its stake in shares of Welltower by 84.4% during the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 65 shares during the period. MMA Asset Management LLC purchased a new position in Welltower in the third quarter worth approximately $35,000. Global Wealth Strategies & Associates acquired a new position in Welltower during the 3rd quarter worth approximately $36,000. Newbridge Financial Services Group Inc. grew its holdings in Welltower by 39.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 87 shares in the last quarter. Finally, Y.D. More Investments Ltd increased its position in shares of Welltower by 585.7% in the 3rd quarter. Y.D. More Investments Ltd now owns 288 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 246 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Price Performance

Shares of NYSE WELL opened at $204.09 on Friday. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. Welltower Inc. has a twelve month low of $130.29 and a twelve month high of $216.43. The stock has a 50 day moving average of $195.27 and a two-hundred day moving average of $185.92. The stock has a market cap of $142.40 billion, a P/E ratio of 145.78, a P/E/G ratio of 1.40 and a beta of 0.82.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.01. The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The company’s revenue was up 41.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.13 earnings per share. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 211.43%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on WELL shares. Citigroup raised their price objective on shares of Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Wall Street Zen downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Mizuho increased their target price on Welltower from $216.00 to $231.00 and gave the company an “outperform” rating in a report on Wednesday. Morgan Stanley raised their price target on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company lifted their price target on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and an average target price of $224.71.

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.