Victory Capital Management Inc. Sells 9,543 Shares of Welltower Inc. $WELL

Victory Capital Management Inc. reduced its stake in Welltower Inc. (NYSE:WELL) by 2.2% during the third quarter, HoldingsChannel.com reports. The firm owned 432,789 shares of the real estate investment trust’s stock after selling 9,543 shares during the quarter. Victory Capital Management Inc.’s holdings in Welltower were worth $77,097,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in WELL. National Pension Service lifted its holdings in shares of Welltower by 2.1% during the third quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock valued at $301,401,000 after purchasing an additional 34,532 shares in the last quarter. B&I Capital AG raised its position in Welltower by 5.7% in the 3rd quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock worth $28,759,000 after buying an additional 8,650 shares during the last quarter. Candriam S.C.A. lifted its stake in Welltower by 2.6% during the 2nd quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock valued at $64,058,000 after acquiring an additional 10,584 shares during the period. GDS Wealth Management boosted its holdings in shares of Welltower by 13.7% during the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock valued at $11,359,000 after acquiring an additional 7,699 shares during the last quarter. Finally, State Street Corp grew its stake in shares of Welltower by 4.6% in the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after acquiring an additional 1,740,196 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

WELL stock opened at $205.18 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46. The company’s fifty day moving average price is $194.94 and its 200-day moving average price is $185.63. Welltower Inc. has a one year low of $130.29 and a one year high of $216.43. The company has a market capitalization of $143.16 billion, a PE ratio of 146.56, a price-to-earnings-growth ratio of 1.41 and a beta of 0.82.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping the consensus estimate of $1.44 by $0.01. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The business had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $2.93 billion. During the same quarter in the previous year, the company earned $1.13 EPS. The business’s quarterly revenue 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 analysts anticipate that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Morgan Stanley lifted their price objective on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Mizuho boosted their price target on Welltower from $216.00 to $231.00 and gave the company an “outperform” rating in a research note on Wednesday. UBS Group set a $240.00 price objective on shares of Welltower in a research note on Thursday, February 12th. Jefferies Financial Group reiterated a “buy” rating and set a $231.00 price target on shares of Welltower in a research note on Monday, December 15th. Finally, Wall Street Zen lowered Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. One investment 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 given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $224.71.

Welltower Company 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.