Spire Wealth Management Acquires 23,147 Shares of Welltower Inc. $WELL

Spire Wealth Management grew its holdings in Welltower Inc. (NYSE:WELL) by 553.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,333 shares of the real estate investment trust’s stock after purchasing an additional 23,147 shares during the period. Spire Wealth Management’s holdings in Welltower were worth $5,073,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in WELL. Vanguard Group Inc. increased its stake in Welltower by 4.7% in the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock valued at $15,993,121,000 after buying an additional 3,991,896 shares during the last quarter. Capital World Investors lifted its position in Welltower by 167.2% during the 3rd quarter. Capital World Investors now owns 4,247,262 shares of the real estate investment trust’s stock worth $756,607,000 after buying an additional 2,657,766 shares in the last quarter. Capital International Investors boosted its stake in shares of Welltower by 4.1% during the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after buying an additional 1,842,934 shares during the last quarter. State Street Corp boosted its stake 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 last quarter. Finally, Balyasny Asset Management L.P. grew its holdings in shares of Welltower by 241.5% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,241,145 shares of the real estate investment trust’s stock valued at $190,801,000 after acquiring an additional 877,725 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.1%

Shares of WELL stock opened at $195.75 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46. The firm’s 50-day moving average is $200.09 and its 200-day moving average is $189.85. The stock has a market cap of $136.59 billion, a price-to-earnings ratio of 139.83, a PEG ratio of 1.34 and a beta of 0.82. Welltower Inc. has a 52-week low of $130.29 and a 52-week high of $216.43.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.01. The business had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.Welltower’s quarterly revenue was up 41.3% on a year-over-year basis. During the same quarter last year, the company posted $1.13 earnings per share. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders 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 1.5%. The ex-dividend date was Wednesday, February 25th. Welltower’s payout ratio is currently 211.43%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on WELL shares. Wall Street Zen downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Citigroup increased their price target on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. UBS Group set a $240.00 price target on Welltower in a research note on Thursday, February 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a $231.00 price target on shares of Welltower in a research report on Monday, December 15th. Finally, Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $225.43.

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.