Independent Financial Group LLC Buys New Shares in Welltower Inc. $WELL

Independent Financial Group LLC purchased a new stake in shares of Welltower Inc. (NYSE:WELL) during the first quarter, Holdings Channel reports. The firm purchased 12,061 shares of the real estate investment trust’s stock, valued at approximately $2,385,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of Welltower by 30.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 195,052 shares of the real estate investment trust’s stock worth $36,214,000 after buying an additional 45,214 shares during the period. Nordea Investment Management AB grew its stake in shares of Welltower by 11.8% in the fourth quarter. Nordea Investment Management AB now owns 1,930,894 shares of the real estate investment trust’s stock worth $358,915,000 after purchasing an additional 204,317 shares during the last quarter. KLP Kapitalforvaltning AS grew its position in shares of Welltower by 21.2% in the 4th quarter. KLP Kapitalforvaltning AS now owns 291,146 shares of the real estate investment trust’s stock worth $54,040,000 after buying an additional 50,900 shares during the last quarter. Congress Asset Management Co. increased its position in Welltower by 28.0% during the 4th quarter. Congress Asset Management Co. now owns 753,330 shares of the real estate investment trust’s stock valued at $139,826,000 after purchasing an additional 164,708 shares during the period. Finally, Easterly Investment Partners LLC increased its position in shares of Welltower by 184.9% during the fourth quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust’s stock valued at $17,151,000 after buying an additional 59,967 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WELL. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft upped their price target on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Barclays started coverage on Welltower in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 price objective for the company. Raymond James Financial assumed coverage on shares of Welltower in a report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price on the stock. Finally, Mizuho set a $239.00 target price on shares of Welltower in a research report on Friday, May 22nd. Thirteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $234.72.

Welltower Stock Performance

Shares of WELL opened at $243.39 on Friday. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The stock has a market cap of $171.81 billion, a P/E ratio of 120.49, a P/E/G ratio of 1.19 and a beta of 0.77. The business’s 50 day moving average price is $218.71 and its 200-day moving average price is $206.74. Welltower Inc. has a 52 week low of $156.96 and a 52 week high of $246.43.

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, beating analysts’ consensus estimates 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 return on equity of 3.45% and a net margin of 11.96%.The firm’s revenue for the quarter was up 38.3% on a year-over-year basis. During the same quarter last year, the company earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities research analysts anticipate that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a dividend yield of 1.2%. 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.