Swiss Life Asset Management Ltd Purchases 15,600 Shares of Welltower Inc. $WELL

Swiss Life Asset Management Ltd grew its position in shares of Welltower Inc. (NYSE:WELL) by 14.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 125,013 shares of the real estate investment trust’s stock after buying an additional 15,600 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Welltower were worth $22,270,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hager Investment Management Services LLC increased its position in shares of Welltower by 84.4% during the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 65 shares during the period. Quarry LP bought a new position in shares of Welltower in the 3rd quarter worth approximately $33,000. MMA Asset Management LLC purchased a new position in shares of Welltower in the 3rd quarter valued at approximately $35,000. Global Wealth Strategies & Associates purchased a new position in Welltower during the third quarter valued at $36,000. Finally, Newbridge Financial Services Group Inc. grew its holdings in Welltower by 39.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 87 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 1.6%

Shares of NYSE WELL opened at $205.96 on Friday. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $216.43. The stock’s fifty day simple moving average is $199.18 and its two-hundred day simple moving average is $188.55. The stock has a market capitalization of $143.71 billion, a PE ratio of 147.11, a price-to-earnings-growth ratio of 1.43 and a beta of 0.82. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The firm had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $2.93 billion. During the same period in the prior year, the business posted $1.13 EPS. The firm’s quarterly revenue was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, analysts expect 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 was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, February 25th. Welltower’s payout ratio is 211.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on WELL shares. Morgan Stanley boosted their target price on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Wells Fargo & Company boosted their price target on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Cantor Fitzgerald increased their target price on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Citigroup boosted their target price on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Finally, Scotiabank increased their price target on Welltower from $214.00 to $236.00 and gave the stock a “sector outperform” rating in a research report on Monday, March 2nd. One 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and an average target price 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.