Sigma Planning Corp Sells 3,425 Shares of Welltower Inc. $WELL

Sigma Planning Corp decreased its stake in shares of Welltower Inc. (NYSE:WELL) by 41.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,864 shares of the real estate investment trust’s stock after selling 3,425 shares during the quarter. Sigma Planning Corp’s holdings in Welltower were worth $903,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. New York State Teachers Retirement System increased its holdings in shares of Welltower by 1.9% during the 4th quarter. New York State Teachers Retirement System now owns 475,523 shares of the real estate investment trust’s stock worth $88,262,000 after purchasing an additional 8,964 shares during the period. RCW Management LLC bought a new position in shares of Welltower during the 4th quarter worth about $497,000. Safe Harbor Family Capital LLC bought a new position in shares of Welltower during the 4th quarter worth about $374,000. Delta Investment Management LLC bought a new position in shares of Welltower during the 4th quarter worth about $289,000. Finally, State of New Jersey Common Pension Fund D increased its holdings in shares of Welltower by 3.8% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 503,325 shares of the real estate investment trust’s stock worth $93,422,000 after purchasing an additional 18,417 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on WELL. Royal Bank Of Canada boosted their price objective on shares of Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a report on Monday. Cantor Fitzgerald boosted their price objective on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday. Mizuho boosted their price objective on shares of Welltower from $216.00 to $231.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. Finally, Citigroup boosted their price objective on shares of Welltower from $215.00 to $245.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $227.87.

Welltower Stock Performance

NYSE WELL opened at $217.15 on Tuesday. The stock has a market cap of $153.29 billion, a P/E ratio of 107.50, a PEG ratio of 1.13 and a beta of 0.83. The company’s 50-day simple moving average is $205.83 and its 200 day simple moving average is $196.07. Welltower Inc. has a twelve month low of $142.65 and a twelve month high of $219.59. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40.

Welltower (NYSE:WELL) last posted its earnings results 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 business had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm’s revenue for the quarter was up 38.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, research analysts forecast that Welltower Inc. will post 6.29 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Wednesday, May 13th will be paid 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 yield of 1.4%. Welltower’s payout ratio is presently 146.53%.

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.