Harvest Fund Management Co. Ltd Boosts Position in Welltower Inc. $WELL

Harvest Fund Management Co. Ltd boosted its holdings in Welltower Inc. (NYSE:WELL) by 18.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,873 shares of the real estate investment trust’s stock after purchasing an additional 3,251 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Welltower were worth $3,874,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of WELL. Hager Investment Management Services LLC raised its holdings in 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 buying an additional 65 shares during the period. Marquette Asset Management LLC raised its holdings in 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 during the period. Quarry LP purchased a new position in Welltower in the third quarter valued at approximately $33,000. Financial Consulate Inc. purchased a new position in Welltower in the fourth quarter valued at approximately $34,000. Finally, MMA Asset Management LLC purchased a new position in Welltower in the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 0.5%

WELL opened at $200.52 on Friday. The firm has a market capitalization of $141.55 billion, a P/E ratio of 99.27, a P/E/G ratio of 1.03 and a beta of 0.79. The firm’s 50 day moving average is $208.55 and its 200-day moving average is $200.88. Welltower Inc. has a 52-week low of $148.60 and a 52-week high of $221.68. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The business’s quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Analysts expect that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Wednesday, May 13th. Welltower’s payout ratio is 146.53%.

Analyst Upgrades and Downgrades

WELL has been the topic of several research reports. UBS Group raised their price target on shares of Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a report on Monday, May 4th. Scotiabank raised their price target on shares of Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Morgan Stanley lifted their price objective on shares of Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Wells Fargo & Company lifted their price objective on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $231.60.

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.