Pictet Asset Management Holding SA Increases Stock Holdings in Welltower Inc. $WELL

Pictet Asset Management Holding SA boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 2.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 871,607 shares of the real estate investment trust’s stock after buying an additional 20,781 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Welltower were worth $172,321,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WELL. Marquette Asset Management LLC increased its holdings in shares of Welltower by 62.8% during the fourth 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 in the last quarter. Swiss RE Ltd. acquired a new stake in Welltower in the 4th quarter worth approximately $29,000. Financial Consulate Inc. acquired a new stake in Welltower in the 4th quarter worth approximately $34,000. Quarry LP purchased a new stake in Welltower during the 3rd quarter worth approximately $33,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Welltower during the 4th quarter worth approximately $37,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WELL has been the subject of a number of research analyst reports. Citigroup raised their price target on shares of Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. UBS Group boosted their price objective on shares of Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a report on Monday, May 4th. Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Scotiabank reduced their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Finally, Mizuho set a $239.00 price target on Welltower in a research report on Friday, May 22nd. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $230.25.

Welltower Stock Down 0.1%

Welltower stock opened at $227.21 on Monday. The business’s 50-day moving average price is $211.84 and its 200 day moving average price is $202.03. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The firm has a market cap of $160.39 billion, a price-to-earnings ratio of 112.48, a price-to-earnings-growth ratio of 1.17 and a beta of 0.79. Welltower Inc. has a 52 week low of $148.97 and a 52 week high of $228.53.

Welltower (NYSE:WELL) last announced its quarterly earnings results 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. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company 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 earnings per share. Welltower’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, sell-side analysts anticipate that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is 146.53%.

Welltower Company 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.