Elevation Point Wealth Partners LLC Boosts Stock Position in Welltower Inc. $WELL

Elevation Point Wealth Partners LLC grew its position in shares of Welltower Inc. (NYSE:WELL) by 1,810.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,217 shares of the real estate investment trust’s stock after purchasing an additional 26,740 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Welltower were worth $5,579,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of WELL. Sound Income Strategies LLC grew its stake in Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 76 shares during the period. Marquette Asset Management LLC boosted 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 worth $28,000 after purchasing an additional 59 shares during the last quarter. Swiss RE Ltd. purchased a new stake in shares of Welltower in the fourth quarter valued at $29,000. Quarry LP purchased a new position in Welltower during the third quarter worth about $33,000. Finally, Financial Consulate Inc. acquired a new stake in Welltower in the 4th quarter worth about $34,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Down 0.1%

NYSE:WELL opened at $235.84 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. Welltower Inc. has a one year low of $150.20 and a one year high of $236.06. The business’s 50-day simple moving average is $214.18 and its 200 day simple moving average is $203.41. The stock has a market cap of $166.48 billion, a price-to-earnings ratio of 116.75, a price-to-earnings-growth ratio of 1.22 and a beta of 0.77.

Welltower (NYSE:WELL) last announced its 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. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.Welltower’s quarterly revenue was up 38.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, sell-side analysts predict that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

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

Analyst Upgrades and Downgrades

WELL has been the topic of several recent analyst reports. Wells Fargo & Company increased their price objective on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Royal Bank Of Canada reissued an “outperform” rating and set a $238.00 target price on shares of Welltower in a research report on Monday, June 15th. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Mizuho set a $239.00 price target on shares of Welltower in a research report on Friday, May 22nd. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $232.29.

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.