Cibc World Market Inc. Purchases 24,125 Shares of Welltower Inc. $WELL

Cibc World Market Inc. raised its position in Welltower Inc. (NYSE:WELL) by 8.6% during the 4th quarter, HoldingsChannel reports. The fund owned 305,886 shares of the real estate investment trust’s stock after buying an additional 24,125 shares during the quarter. Cibc World Market Inc.’s holdings in Welltower were worth $56,776,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Lido Advisors LLC lifted its stake in Welltower by 1.6% in the 4th quarter. Lido Advisors LLC now owns 71,555 shares of the real estate investment trust’s stock valued at $12,951,000 after acquiring an additional 1,129 shares in the last quarter. Phillips Wealth Planners LLC lifted its stake in Welltower by 36.9% in the 4th quarter. Phillips Wealth Planners LLC now owns 2,007 shares of the real estate investment trust’s stock valued at $373,000 after acquiring an additional 541 shares in the last quarter. CIBC Asset Management Inc lifted its stake in Welltower by 73.9% in the 4th quarter. CIBC Asset Management Inc now owns 161,259 shares of the real estate investment trust’s stock valued at $29,931,000 after acquiring an additional 68,547 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Welltower by 0.4% in the 4th quarter. Bank of New York Mellon Corp now owns 4,028,436 shares of the real estate investment trust’s stock valued at $747,718,000 after acquiring an additional 15,503 shares in the last quarter. Finally, Rational Advisors Inc. bought a new stake in Welltower in the 4th quarter valued at approximately $3,898,000. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 2.4%

NYSE WELL opened at $199.95 on Thursday. The company has a market cap of $141.15 billion, a PE ratio of 98.99, a PEG ratio of 1.01 and a beta of 0.79. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 12 month low of $148.60 and a 12 month high of $221.68. The stock has a 50 day moving average of $208.47 and a 200-day moving average of $200.84.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities research analysts anticipate that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio is presently 146.53%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Cantor Fitzgerald raised their price objective on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Mizuho set a $239.00 price objective on Welltower in a report on Friday, May 22nd. Wells Fargo & Company raised their price objective on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a report on Monday. Scotiabank raised their price objective on Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $231.60.

Welltower 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.