NewEdge Wealth LLC Has $38.84 Million Holdings in Welltower Inc. $WELL

NewEdge Wealth LLC grew its stake in Welltower Inc. (NYSE:WELL) by 4.0% in the third quarter, HoldingsChannel reports. The fund owned 208,401 shares of the real estate investment trust’s stock after acquiring an additional 7,950 shares during the period. NewEdge Wealth LLC’s holdings in Welltower were worth $38,835,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of WELL. Essex Financial Services Inc. raised its position in Welltower by 13.1% in the 3rd quarter. Essex Financial Services Inc. now owns 3,019 shares of the real estate investment trust’s stock worth $538,000 after purchasing an additional 349 shares during the last quarter. Syon Capital LLC increased its stake in shares of Welltower by 12.9% in the 3rd quarter. Syon Capital LLC now owns 5,452 shares of the real estate investment trust’s stock valued at $971,000 after buying an additional 621 shares during the period. Advisors Capital Management LLC raised its position in shares of Welltower by 6.8% during the third quarter. Advisors Capital Management LLC now owns 1,518 shares of the real estate investment trust’s stock worth $271,000 after acquiring an additional 97 shares during the last quarter. Fortis Group Advisors LLC lifted its stake in shares of Welltower by 14.8% during the third quarter. Fortis Group Advisors LLC now owns 1,873 shares of the real estate investment trust’s stock valued at $339,000 after acquiring an additional 241 shares during the period. Finally, Drucker Wealth 3.0 LLC bought a new position in Welltower in the third quarter valued at about $237,000. 94.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on WELL shares. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday. UBS Group set a $240.00 price objective on shares of Welltower in a report on Thursday, February 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a $231.00 target price on shares of Welltower in a report on Monday, December 15th. Loop Capital set a $196.00 price target on Welltower in a research report on Wednesday, October 29th. Finally, Cantor Fitzgerald lifted their price objective on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.50.

Welltower Price Performance

Shares of WELL stock opened at $208.53 on Thursday. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $216.43. The firm has a fifty day moving average of $190.44 and a 200-day moving average of $182.57. The firm has a market capitalization of $145.50 billion, a price-to-earnings ratio of 148.95, a price-to-earnings-growth ratio of 1.45 and a beta of 0.85.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same period in the prior year, the company earned $1.13 earnings per share. The company’s revenue for the quarter was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, equities research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be given a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, February 25th. Welltower’s payout ratio is currently 211.43%.

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.