Inspire Investing LLC boosted its holdings in Welltower Inc. (NYSE:WELL – Free Report) by 13.5% during the fourth quarter, HoldingsChannel reports. The fund owned 69,259 shares of the real estate investment trust’s stock after buying an additional 8,218 shares during the period. Welltower comprises 1.2% of Inspire Investing LLC’s holdings, making the stock its 9th biggest position. Inspire Investing LLC’s holdings in Welltower were worth $12,855,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Welltower by 2.9% in the fourth 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 acquiring an additional 2,643,088 shares during the last quarter. Capital International Investors lifted its holdings in Welltower by 2.0% in the fourth quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after acquiring an additional 915,514 shares during the last quarter. State Street Corp lifted its holdings in Welltower by 1.2% in the fourth quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after acquiring an additional 506,374 shares during the last quarter. Norges Bank acquired a new position in Welltower during the fourth quarter worth $5,466,264,000. Finally, Bank of America Corp DE lifted its stake in Welltower by 5.3% during the fourth quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock worth $3,787,049,000 after purchasing an additional 1,024,668 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have commented on WELL. Mizuho set a $239.00 price target on Welltower in a research note on Friday, May 22nd. Royal Bank Of Canada restated an “outperform” rating and set a $238.00 price target on shares of Welltower in a research note on Monday. Morgan Stanley upped their price target on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 18th. UBS Group upped their price target on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Wells Fargo & Company upped their price target on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and an average target price of $231.25.
Welltower Stock Down 3.2%
Shares of NYSE WELL opened at $206.65 on Thursday. The stock has a market cap of $145.88 billion, a P/E ratio of 102.30, a PEG ratio of 1.10 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 $148.97 and a 12-month high of $221.68. The business’s fifty day simple moving average is $210.53 and its 200-day simple moving average is $201.41.
Welltower (NYSE:WELL – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.34. The business had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period last year, the firm earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, equities analysts predict that Welltower Inc. will post 6.32 EPS for the current fiscal year.
Welltower Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.
About Welltower
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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