Patriot Financial Group Insurance Agency LLC Boosts Stake in Welltower Inc. $WELL

Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Welltower Inc. (NYSE:WELL) by 240.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,134 shares of the real estate investment trust’s stock after purchasing an additional 8,573 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Welltower were worth $2,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Marquette Asset Management LLC lifted its stake 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 valued at $28,000 after acquiring an additional 59 shares during the period. Swiss RE Ltd. purchased a new stake in shares of Welltower during the 4th quarter valued at about $29,000. Financial Consulate Inc. bought a new stake in shares of Welltower in the fourth quarter worth approximately $34,000. Quarry LP bought a new stake in shares of Welltower in the third quarter worth approximately $33,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Welltower during the fourth quarter valued at approximately $37,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on WELL. Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Raymond James Financial began coverage on Welltower in a report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price target on the stock. Wells Fargo & Company lifted their price objective on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Citigroup increased their target price on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $230.25.

Welltower Stock Performance

Shares of NYSE WELL opened at $227.21 on Monday. The firm has a fifty day moving average price of $211.84 and a 200-day moving average price of $202.03. 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 stock has a market cap of $160.39 billion, a PE ratio of 112.48, a price-to-earnings-growth ratio of 1.17 and a beta of 0.79. Welltower Inc. has a 1 year low of $148.97 and a 1 year high of $228.53.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate 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 last year, the firm earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities analysts anticipate that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were issued 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 1.3%. Welltower’s dividend payout ratio (DPR) is currently 146.53%.

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.