Greenland Capital Management LP Has $10.64 Million Stake in Welltower Inc. $WELL

Greenland Capital Management LP lifted its stake in shares of Welltower Inc. (NYSE:WELL) by 331.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,656 shares of the real estate investment trust’s stock after acquiring an additional 47,366 shares during the period. Welltower accounts for about 1.1% of Greenland Capital Management LP’s portfolio, making the stock its 16th largest position. Greenland Capital Management LP’s holdings in Welltower were worth $10,635,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. MMA Asset Management LLC acquired a new position in shares of Welltower during the third quarter valued at about $35,000. Global Wealth Strategies & Associates acquired a new stake in shares of Welltower in the 3rd quarter valued at about $36,000. Newbridge Financial Services Group Inc. increased its position in Welltower by 39.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 87 shares in the last quarter. Y.D. More Investments Ltd increased its position in Welltower by 585.7% in the 3rd quarter. Y.D. More Investments Ltd now owns 288 shares of the real estate investment trust’s stock valued at $51,000 after buying an additional 246 shares in the last quarter. Finally, Collier Financial acquired a new position in Welltower during the 3rd quarter worth approximately $54,000. 94.80% of the stock is owned by institutional investors.

Welltower Stock Up 0.5%

Shares of NYSE:WELL opened at $209.18 on Tuesday. The stock has a market cap of $145.95 billion, a price-to-earnings ratio of 149.41, a PEG ratio of 1.42 and a beta of 0.85. 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 business’s 50 day moving average is $191.71 and its 200 day moving average is $183.49.

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

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be given a dividend of $0.74 per share. 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 dividend payout ratio (DPR) is presently 211.43%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WELL shares. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $205.00 price target on shares of Welltower in a report on Thursday, December 18th. Wells Fargo & Company upped their target price on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Scotiabank increased their target price on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. UBS Group set a $240.00 price target on shares of Welltower in a research note on Thursday, February 12th. Finally, Cantor Fitzgerald upped their price objective on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $211.50.

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.