Proficio Capital Partners LLC Makes New $1.10 Million Investment in Welltower Inc. $WELL

Proficio Capital Partners LLC acquired a new position in Welltower Inc. (NYSE:WELL) during the second quarter, HoldingsChannel reports. The firm acquired 4,862 shares of the real estate investment trust’s stock, valued at approximately $1,104,000.

Several other hedge funds and other institutional investors have also modified their holdings of WELL. Norges Bank purchased a new stake in shares of Welltower during the 4th quarter worth about $5,466,264,000. Bank of America Corp DE purchased a new position in Welltower in the second quarter valued at approximately $4,425,089,000. Cardano Risk Management B.V. lifted its position in Welltower by 955.3% during the fourth quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after buying an additional 8,612,016 shares in the last quarter. Legal & General Group Plc acquired a new position in Welltower during the second quarter valued at approximately $1,599,351,000. Finally, Capital World Investors grew its stake in Welltower by 153.0% during the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock worth $1,994,290,000 after buying an additional 6,497,258 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Performance

Welltower stock opened at $241.81 on Thursday. Welltower Inc. has a 52 week low of $163.75 and a 52 week high of $255.20. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. The stock has a market cap of $174.28 billion, a P/E ratio of 110.92, a price-to-earnings-growth ratio of 1.15 and a beta of 0.76. The stock has a 50 day moving average of $234.27 and a 200-day moving average of $217.15.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The company had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm’s quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, analysts expect that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were given a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.74. Welltower’s payout ratio is presently 155.96%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WELL. Cantor Fitzgerald increased their price objective on shares of Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. UBS Group increased their price target on Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research report on Monday, May 4th. Finally, Jefferies Financial Group boosted their price target on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $246.11.

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.