Forsta AP Fonden Boosts Holdings in Welltower Inc. $WELL

Forsta AP Fonden raised its holdings in Welltower Inc. (NYSE:WELL) by 6.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 242,600 shares of the real estate investment trust’s stock after acquiring an additional 13,800 shares during the period. Forsta AP Fonden’s holdings in Welltower were worth $45,029,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Welltower in the 4th quarter valued at about $5,466,264,000. Eurizon SLJ Capital Ltd purchased a new stake in Welltower in the 4th quarter valued at about $822,000. Triglav Investments D.O.O. grew its holdings in Welltower by 306.6% in the 4th quarter. Triglav Investments D.O.O. now owns 47,166 shares of the real estate investment trust’s stock valued at $8,754,000 after buying an additional 35,566 shares during the period. Fideuram Asset Management Ireland dac purchased a new stake in Welltower in the 4th quarter valued at about $1,270,000. Finally, National Pension Service grew its holdings in Welltower by 13.4% in the 4th quarter. National Pension Service now owns 1,918,528 shares of the real estate investment trust’s stock valued at $356,098,000 after buying an additional 226,597 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Royal Bank Of Canada boosted their target price on Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Scotiabank boosted their target price on Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Cantor Fitzgerald boosted their target price on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Jefferies Financial Group boosted their target price on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, KeyCorp boosted their target price on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $231.00.

Welltower Stock Down 2.0%

Shares of NYSE:WELL opened at $206.11 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. Welltower Inc. has a 1 year low of $148.60 and a 1 year high of $221.68. The stock has a market capitalization of $145.49 billion, a P/E ratio of 102.03, a PEG ratio of 1.09 and a beta of 0.83. The stock has a 50-day simple moving average of $208.54 and a 200-day simple moving average of $200.65.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter in the previous year, the business earned $1.20 EPS. The company’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a dividend of $0.74 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 annualized dividend and a yield of 1.4%. Welltower’s payout ratio is 146.53%.

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.