Centersquare Investment Management LLC Has $1.03 Billion Stock Holdings in Welltower Inc. $WELL

Centersquare Investment Management LLC boosted its holdings in Welltower Inc. (NYSE:WELL) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,542,002 shares of the real estate investment trust’s stock after purchasing an additional 284,812 shares during the period. Welltower comprises about 10.2% of Centersquare Investment Management LLC’s portfolio, making the stock its largest holding. Centersquare Investment Management LLC’s holdings in Welltower were worth $1,028,651,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in WELL. Hager Investment Management Services LLC grew its position in shares of 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 acquiring an additional 65 shares during the period. Marquette Asset Management LLC grew its position in shares of 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 acquiring an additional 59 shares during the period. Financial Consulate Inc. bought a new position in shares of Welltower in the 4th quarter valued at about $34,000. Quarry LP bought a new position in shares of Welltower in the 3rd quarter valued at about $33,000. Finally, Morse Asset Management Inc grew its position in shares of Welltower by 56.3% in the 4th quarter. Morse Asset Management Inc now owns 211 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 76 shares during the period. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wells Fargo & Company lifted their price objective on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research report on Monday, May 4th. Royal Bank Of Canada lifted their price objective on shares of Welltower from $230.00 to $238.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Scotiabank lifted their price objective on shares of Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Finally, Weiss Ratings raised shares of Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. One research 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 company’s stock. According to MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target of $231.60.

Welltower Stock Performance

Shares of WELL stock opened at $211.15 on Friday. The company has a market capitalization of $149.05 billion, a price-to-earnings ratio of 104.53, a PEG ratio of 1.09 and a beta of 0.79. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The company has a 50-day simple moving average of $209.67 and a 200 day simple moving average of $201.21. Welltower Inc. has a 52 week low of $148.97 and a 52 week high of $221.68.

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

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued 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 dividend 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.