Castle Hook Partners LP Sells 50,845 Shares of Welltower Inc. $WELL

Castle Hook Partners LP reduced its holdings in shares of Welltower Inc. (NYSE:WELL) by 3.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,249,056 shares of the real estate investment trust’s stock after selling 50,845 shares during the quarter. Welltower makes up about 1.0% of Castle Hook Partners LP’s portfolio, making the stock its 13th biggest holding. Castle Hook Partners LP owned 0.18% of Welltower worth $231,837,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in WELL. Hager Investment Management Services LLC boosted its stake in shares of Welltower by 84.4% during the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 65 shares during the period. Marquette Asset Management LLC boosted its stake in shares of Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 59 shares during the period. Swiss RE Ltd. bought a new position in shares of Welltower during the 4th quarter worth approximately $29,000. Quarry LP acquired a new stake in Welltower during the 3rd quarter worth approximately $33,000. Finally, Financial Consulate Inc. acquired a new stake in Welltower during the 4th quarter worth approximately $34,000. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WELL has been the subject of several research reports. Wells Fargo & Company lifted their price target on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Raymond James Financial initiated coverage on Welltower in a report on Tuesday. They set an “outperform” rating and a $226.00 price target for the company. Morgan Stanley lifted their price target on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Royal Bank Of Canada reissued an “outperform” rating and set a $238.00 price target on shares of Welltower in a report on Monday. Finally, BMO Capital Markets reissued an “outperform” rating and set a $245.00 price target on shares of Welltower in a report on Monday, May 4th. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $231.25.

Welltower Stock Performance

NYSE:WELL opened at $206.65 on Thursday. The stock has a market cap of $145.88 billion, a P/E ratio of 102.30, a PEG ratio of 1.10 and a beta of 0.79. The stock has a 50 day simple moving average of $210.53 and a 200 day simple moving average of $201.41. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 1-year low of $148.97 and a 1-year high of $221.68.

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

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were issued a $0.74 dividend. 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 currently 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.