Thrivent Financial for Lutherans Buys 30,939 Shares of Welltower Inc. $WELL

Thrivent Financial for Lutherans lifted its stake in Welltower Inc. (NYSE:WELL) by 25.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 151,666 shares of the real estate investment trust’s stock after buying an additional 30,939 shares during the period. Thrivent Financial for Lutherans’ holdings in Welltower were worth $28,163,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC lifted its stake in 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 worth $25,000 after purchasing an additional 65 shares during the period. Marquette Asset Management LLC lifted its stake in Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the period. Financial Consulate Inc. bought a new position in Welltower during the fourth quarter worth about $34,000. Quarry LP bought a new position in Welltower during the third quarter worth about $33,000. Finally, MMA Asset Management LLC bought a new position in Welltower during the third quarter worth about $35,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE WELL opened at $213.65 on Monday. The firm has a market cap of $150.82 billion, a price-to-earnings ratio of 105.77, a PEG ratio of 1.11 and a beta of 0.83. The company has a 50 day moving average of $207.16 and a 200-day moving average of $198.58. 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 1-year low of $146.50 and a 1-year high of $221.68.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.34. The company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company’s revenue was up 38.3% on a year-over-year basis. During the same quarter last year, the business posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities analysts forecast that Welltower Inc. will post 6.28 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Wednesday, May 13th will be issued a $0.74 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio (DPR) is currently 146.53%.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Jefferies Financial Group raised their price target on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. UBS Group raised their price target on shares of Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Citigroup raised their price target on shares of Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Wells Fargo & Company raised their price target on shares of Welltower from $218.00 to $228.00 and gave the stock an “overweight” rating in a research note on Thursday, March 26th. Finally, KeyCorp raised their price target on shares of Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $229.67.

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.