E. Ohman J or Asset Management AB Lowers Stake in Welltower Inc. $WELL

E. Ohman J or Asset Management AB trimmed its stake in Welltower Inc. (NYSE:WELL) by 19.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,555 shares of the real estate investment trust’s stock after selling 5,830 shares during the period. E. Ohman J or Asset Management AB’s holdings in Welltower were worth $5,346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of Welltower by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust’s stock valued at $1,649,844,000 after purchasing an additional 57,938 shares in the last quarter. KLP Kapitalforvaltning AS raised its stake in Welltower by 21.2% in the fourth quarter. KLP Kapitalforvaltning AS now owns 291,146 shares of the real estate investment trust’s stock valued at $54,040,000 after buying an additional 50,900 shares during the last quarter. Easterly Investment Partners LLC boosted its stake in Welltower by 184.9% in the 4th quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust’s stock worth $17,151,000 after purchasing an additional 59,967 shares in the last quarter. Swiss National Bank grew its holdings in shares of Welltower by 9.9% during the first quarter. Swiss National Bank now owns 2,014,200 shares of the real estate investment trust’s stock valued at $398,227,000 after buying an additional 181,400 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in Welltower by 331.4% during the 1st quarter. SG Americas Securities LLC now owns 1,122,894 shares of the real estate investment trust’s stock valued at $222,007,000 after purchasing an additional 862,586 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

WELL opened at $235.12 on Tuesday. The stock’s 50-day moving average price is $227.19 and its 200 day moving average price is $212.88. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a 12-month low of $161.26 and a 12-month high of $255.20. The firm has a market cap of $169.46 billion, a price-to-earnings ratio of 107.85, a PEG ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The business had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The company’s revenue for the quarter was up 39.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, sell-side analysts expect that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be given a dividend of $0.85 per share. This is a boost from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, August 12th. Welltower’s dividend payout ratio is presently 135.78%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Evercore reiterated an “outperform” rating and issued a $260.00 price objective on shares of Welltower in a research note on Thursday, July 30th. Citigroup upped their target price on Welltower from $255.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wells Fargo & Company raised their price target on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Cantor Fitzgerald boosted their target price on Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $246.11.

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.