Chevy Chase Trust Holdings LLC Has $61.21 Million Holdings in Welltower Inc. $WELL

Chevy Chase Trust Holdings LLC boosted its stake in Welltower Inc. (NYSE:WELL) by 4.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 343,594 shares of the real estate investment trust’s stock after purchasing an additional 13,780 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Welltower were worth $61,208,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Welltower in the 2nd quarter valued at about $4,903,554,000. Vanguard Group Inc. raised its position in shares of Welltower by 4.7% in the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock valued at $15,993,121,000 after acquiring an additional 3,991,896 shares during the period. Capital World Investors boosted its stake in Welltower by 167.2% during the 3rd quarter. Capital World Investors now owns 4,247,262 shares of the real estate investment trust’s stock worth $756,607,000 after acquiring an additional 2,657,766 shares during the last quarter. Capital International Investors boosted its stake in Welltower by 4.1% during the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after acquiring an additional 1,842,934 shares during the last quarter. Finally, State Street Corp grew its holdings in Welltower by 4.6% during the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after purchasing an additional 1,740,196 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Mizuho upped their target price on shares of Welltower from $216.00 to $231.00 and gave the company an “outperform” rating in a research note on Wednesday, March 4th. Cantor Fitzgerald boosted their price target on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Scotiabank upped their price objective on shares of Welltower from $214.00 to $236.00 and gave the company a “sector outperform” rating in a research report on Monday, March 2nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $205.00 price objective on shares of Welltower in a research note on Thursday, December 18th. Finally, UBS Group set a $240.00 target price on Welltower in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average target price of $224.71.

Welltower Stock Performance

Shares of WELL stock opened at $207.88 on Monday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46. Welltower Inc. has a 52 week low of $130.29 and a 52 week high of $216.43. The company’s 50 day moving average price is $197.25 and its two-hundred day moving average price is $187.66. The company has a market capitalization of $145.05 billion, a P/E ratio of 148.48, a price-to-earnings-growth ratio of 1.42 and a beta of 0.82.

Welltower (NYSE:WELL) last released its quarterly earnings results 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. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The company had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $2.93 billion. During the same quarter in the prior year, the company earned $1.13 earnings per share. The business’s quarterly revenue was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were paid a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. Welltower’s dividend payout ratio is presently 211.43%.

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.