SEB Asset Management AB Takes Position in Welltower Inc. $WELL

SEB Asset Management AB acquired a new stake in Welltower Inc. (NYSE:WELLFree Report) in the 1st quarter, Holdings Channel reports. The fund acquired 143,334 shares of the real estate investment trust’s stock, valued at approximately $28,339,000.

A number of other institutional investors also recently bought and sold shares of the stock. Leonteq Securities AG grew its position in Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of Welltower by 124.6% during the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 76 shares during the period. Marquette Asset Management LLC grew its holdings in shares of Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 59 shares during the last quarter. Swiss RE Ltd. acquired a new position in shares of Welltower in the 4th quarter valued at $29,000. Finally, Quarry LP purchased a new position in Welltower in the 3rd quarter worth $33,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $238.00 price target on shares of Welltower in a research report on Monday, June 15th. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Wells Fargo & Company raised their price objective on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Scotiabank decreased their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Thirteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $234.72.

View Our Latest Research Report on Welltower

Welltower Stock Performance

NYSE WELL opened at $243.39 on Monday. The stock has a 50-day simple moving average of $218.71 and a two-hundred day simple moving average of $206.86. The firm has a market capitalization of $171.81 billion, a P/E ratio of 120.49, a PEG ratio of 1.19 and a beta of 0.77. Welltower Inc. has a fifty-two week low of $156.96 and a fifty-two week high of $246.43. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31.

Welltower (NYSE:WELLGet Free Report) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the prior year, the business earned $1.20 earnings per share. The company’s revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were issued a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.2%. Welltower’s payout ratio is presently 146.53%.

About Welltower

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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