Dickmeyer Boyce Financial Management Inc. Takes Position in Welltower Inc. $WELL

Dickmeyer Boyce Financial Management Inc. bought a new stake in Welltower Inc. (NYSE:WELL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,066 shares of the real estate investment trust’s stock, valued at approximately $408,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Leonteq Securities AG increased its position in shares of Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares in the last quarter. Marquette Asset Management LLC grew its stake in shares of Welltower by 62.8% in the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 59 shares in the last quarter. Swiss RE Ltd. acquired a new position in Welltower during the fourth quarter worth $29,000. Finally, Quarry LP acquired a new position in Welltower during the third quarter worth $33,000. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Welltower stock opened at $247.19 on Friday. The company has a market capitalization of $174.49 billion, a price-to-earnings ratio of 122.37, a PEG ratio of 1.20 and a beta of 0.77. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 12 month low of $158.24 and a 12 month high of $250.12. The stock’s 50 day moving average is $220.98 and its 200-day moving average is $208.54.

Welltower (NYSE:WELL) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the previous year, the company posted $1.20 EPS. The firm’s quarterly revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities research analysts expect that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is presently 146.53%.

Analysts Set New Price Targets

WELL has been the subject of a number of recent analyst reports. Raymond James Financial assumed coverage on shares of Welltower in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target for the company. Mizuho upped their target price on shares of Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating and set a $238.00 price target on shares of Welltower in a report on Monday, June 15th. BMO Capital Markets restated an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. Finally, Scotiabank cut their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and an average target price of $235.89.

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.