Welltower Inc. $WELL Stock Position Cut by Midwest Trust Co

Midwest Trust Co lessened its stake in Welltower Inc. (NYSE:WELL) by 37.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,574 shares of the real estate investment trust’s stock after selling 2,748 shares during the period. Midwest Trust Co’s holdings in Welltower were worth $849,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hager Investment Management Services LLC grew its position in Welltower by 84.4% in the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Marquette Asset Management LLC grew its position in Welltower by 62.8% in the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 59 shares in the last quarter. Financial Consulate Inc. bought a new position in Welltower in the 4th quarter valued at about $34,000. Quarry LP bought a new position in Welltower in the 3rd quarter valued at about $33,000. Finally, MMA Asset Management LLC bought a new position in Welltower in the 3rd quarter valued at about $35,000. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE WELL opened at $214.52 on Tuesday. Welltower Inc. has a twelve month low of $142.65 and a twelve month high of $219.59. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $151.43 billion, a price-to-earnings ratio of 106.20, a PEG ratio of 1.12 and a beta of 0.83. The firm has a 50-day moving average of $206.42 and a two-hundred day moving average of $197.48.

Welltower (NYSE:WELL) last issued its quarterly 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. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the prior year, the company earned $1.20 EPS. Welltower’s revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, analysts expect that Welltower Inc. will post 6.29 earnings per share for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th will be paid a dividend of $0.74 per share. 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 dividend payout ratio is currently 146.53%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on WELL shares. UBS Group increased their target price on shares of Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Scotiabank increased their target price on shares of Welltower from $214.00 to $236.00 and gave the company a “sector outperform” rating in a research report on Monday, March 2nd. Cantor Fitzgerald upped their price target on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Mizuho upped their price target on shares of Welltower from $216.00 to $231.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th. Finally, Citigroup upped their price target on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $228.53.

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.