Swedbank AB Has $123.82 Million Stock Holdings in Welltower Inc. $WELL

Swedbank AB lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 4.3% during the third quarter, Holdings Channel.com reports. The firm owned 695,051 shares of the real estate investment trust’s stock after acquiring an additional 28,832 shares during the quarter. Swedbank AB’s holdings in Welltower were worth $123,816,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. State Street Corp grew its position in shares of Welltower by 4.6% during the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after buying an additional 1,740,196 shares during the period. Norges Bank purchased a new position in shares of Welltower in the 2nd quarter worth about $4,903,554,000. Geode Capital Management LLC lifted its stake in Welltower by 5.1% in the second quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock valued at $2,303,484,000 after purchasing an additional 723,887 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Welltower by 7.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,164,840 shares of the real estate investment trust’s stock worth $1,250,935,000 after purchasing an additional 532,135 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Welltower by 1.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,898,391 shares of the real estate investment trust’s stock valued at $1,214,232,000 after purchasing an additional 149,724 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on WELL shares. Scotiabank lifted their price objective on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Loop Capital set a $196.00 target price on shares of Welltower in a research report on Wednesday, October 29th. Evercore ISI upped their price target on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. KeyCorp boosted their target price on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. Finally, Wall Street Zen lowered Welltower from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.80.

Welltower Price Performance

Shares of Welltower stock opened at $187.59 on Thursday. The stock has a 50 day moving average of $190.47 and a 200 day moving average of $172.66. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $209.05. The firm has a market cap of $128.75 billion, a PE ratio of 129.37, a PEG ratio of 1.48 and a beta of 0.84. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The company’s quarterly revenue was up 30.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were given a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s dividend payout ratio is presently 204.14%.

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.