Vise Technologies Inc. boosted its stake in Welltower Inc. (NYSE:WELL – Free Report) by 27.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,890 shares of the real estate investment trust’s stock after buying an additional 9,198 shares during the period. Vise Technologies Inc.’s holdings in Welltower were worth $7,961,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Welltower by 2.9% in the 4th quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after buying an additional 2,643,088 shares in the last quarter. Capital International Investors grew its position in Welltower by 4.1% in the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock valued at $8,285,296,000 after buying an additional 1,842,934 shares in the last quarter. State Street Corp grew its position in Welltower by 4.1% in the 3rd quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock valued at $7,348,979,000 after buying an additional 1,637,665 shares in the last quarter. Norges Bank bought a new position in Welltower in the 4th quarter valued at about $5,466,264,000. Finally, Bank of America Corp DE grew its position in Welltower by 1.9% in the 3rd quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust’s stock valued at $3,452,102,000 after buying an additional 367,463 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on WELL. Cantor Fitzgerald increased their target price on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Citigroup increased their target price on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Wells Fargo & Company increased their target price on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday. Royal Bank Of Canada raised their price objective on shares of Welltower from $230.00 to $238.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Finally, UBS Group raised their price objective on shares of Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $231.60.
Welltower Stock Performance
Shares of WELL opened at $200.52 on Friday. Welltower Inc. has a one year low of $148.60 and a one year high of $221.68. The company has a 50-day moving average of $208.55 and a two-hundred day moving average of $200.88. The stock has a market cap of $141.55 billion, a price-to-earnings ratio of 99.27, a PEG ratio of 1.03 and a beta of 0.79. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.
Welltower (NYSE:WELL – Get Free Report) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the company posted $1.20 earnings per share. The business’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities research analysts expect that Welltower Inc. will post 6.32 earnings per share for the current year.
Welltower Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders 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 was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.
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.
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