Wellington Management Group LLP Has $3.57 Billion Position in Welltower Inc. $WELL

Wellington Management Group LLP lessened its holdings in Welltower Inc. (NYSE:WELL) by 0.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,017,966 shares of the real estate investment trust’s stock after selling 151,008 shares during the period. Welltower accounts for 0.6% of Wellington Management Group LLP’s holdings, making the stock its 22nd biggest position. Wellington Management Group LLP’s holdings in Welltower were worth $3,566,000,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

WELL has been the subject of a number of research analyst reports. Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Morgan Stanley increased their target price on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $205.00 price target on shares of Welltower in a report on Thursday, December 18th. UBS Group set a $240.00 price target on Welltower in a research note on Thursday, February 12th. Finally, Wells Fargo & Company increased their price objective on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $224.71.

Welltower Stock Performance

Shares of NYSE:WELL opened at $207.88 on Friday. The company’s 50 day moving average price is $197.25 and its two-hundred day moving average price is $187.37. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $216.43. The firm has a market cap of $145.05 billion, a PE ratio of 148.48, a PEG ratio of 1.41 and a beta of 0.82. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.45.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $2.93 billion. During the same period last year, the firm earned $1.13 earnings per share. The business’s revenue for the quarter was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Equities research analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

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

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.