Welltower Inc. $WELL Stake Reduced by NewEdge Wealth LLC

NewEdge Wealth LLC cut its stake in Welltower Inc. (NYSE:WELL) by 3.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 208,939 shares of the real estate investment trust’s stock after selling 7,600 shares during the period. NewEdge Wealth LLC’s holdings in Welltower were worth $41,309,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Leonteq Securities AG boosted its holdings in shares of Welltower by 92.3% during the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 60 shares during the period. Sound Income Strategies LLC increased its holdings in shares of 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 lifted its position in Welltower by 62.8% in the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares during the last quarter. Swiss RE Ltd. bought a new stake in Welltower in the 4th quarter valued at about $29,000. Finally, Quarry LP bought a new stake in Welltower in the 3rd quarter valued at about $33,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Price Performance

Shares of NYSE WELL opened at $245.24 on Thursday. Welltower Inc. has a fifty-two week low of $158.24 and a fifty-two week high of $247.45. The firm’s 50-day simple moving average is $220.39 and its 200 day simple moving average is $208.11. 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 stock has a market cap of $173.12 billion, a P/E ratio of 121.41, a P/E/G ratio of 1.21 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 firm had revenue of $3.35 billion during 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%. Welltower’s revenue was up 38.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities analysts expect that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders 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 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.

Analyst Ratings Changes

A number of research analysts have issued reports on WELL shares. Royal Bank Of Canada reissued an “outperform” rating and set a $238.00 target price on shares of Welltower in a research note on Monday, June 15th. Raymond James Financial started coverage on shares of Welltower in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target on the stock. Citigroup lifted their price target on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Wells Fargo & Company boosted their price objective on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $235.89.

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.