Welltower Inc. $WELL Stake Lowered by CORDA Investment Management LLC.

CORDA Investment Management LLC. cut its position in shares of Welltower Inc. (NYSE:WELL) by 2.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 260,183 shares of the real estate investment trust’s stock after selling 5,538 shares during the period. Welltower makes up about 3.6% of CORDA Investment Management LLC.’s portfolio, making the stock its 5th biggest holding. CORDA Investment Management LLC.’s holdings in Welltower were worth $59,054,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Leonteq Securities AG boosted its position in shares of Welltower by 92.3% during the 1st 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 last quarter. Sound Income Strategies LLC grew its holdings in shares of Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. Swiss RE Ltd. bought a new stake in Welltower in the fourth quarter worth $29,000. Summit Securities Group LLC increased its position in Welltower by 42.6% in the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 49 shares during the last quarter. Finally, Allied Private Wealth LLC purchased a new stake in Welltower during the second quarter valued at $41,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Welltower stock opened at $235.55 on Friday. The firm has a 50-day moving average price of $229.65 and a 200-day moving average price of $214.01. The firm has a market capitalization of $169.77 billion, a PE ratio of 108.05, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. 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.

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

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date is Wednesday, August 12th. Welltower’s dividend payout ratio (DPR) is presently 155.96%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. KeyCorp increased their price objective on shares of Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Jefferies Financial Group increased their price target on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Scotiabank dropped their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Raymond James Financial started coverage on Welltower in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target for the company. Finally, 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 note on Monday, June 1st. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus target price 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.