3,630 Shares in Welltower Inc. $WELL Acquired by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC bought a new stake in shares of Welltower Inc. (NYSE:WELL) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,630 shares of the real estate investment trust’s stock, valued at approximately $717,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brookstone Capital Management raised its stake in shares of Welltower by 29.9% during the 1st quarter. Brookstone Capital Management now owns 67,752 shares of the real estate investment trust’s stock valued at $13,395,000 after purchasing an additional 15,575 shares during the period. SG Americas Securities LLC lifted its holdings in Welltower by 331.4% during the 1st quarter. SG Americas Securities LLC now owns 1,122,894 shares of the real estate investment trust’s stock worth $222,007,000 after purchasing an additional 862,586 shares in the last quarter. Balboa Wealth Partners boosted its stake in Welltower by 21.3% in the 1st quarter. Balboa Wealth Partners now owns 4,181 shares of the real estate investment trust’s stock worth $827,000 after purchasing an additional 734 shares during the period. Triad Wealth Partners LLC boosted its stake in Welltower by 4.1% in the 1st quarter. Triad Wealth Partners LLC now owns 2,466 shares of the real estate investment trust’s stock worth $488,000 after purchasing an additional 96 shares during the period. Finally, Park National Corp OH grew its holdings in Welltower by 11.6% during the 1st quarter. Park National Corp OH now owns 1,440 shares of the real estate investment trust’s stock valued at $285,000 after buying an additional 150 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Welltower stock opened at $206.73 on Monday. The firm’s fifty day moving average price is $210.67 and its 200-day moving average price is $201.42. 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 stock has a market cap of $145.93 billion, a P/E ratio of 102.34, a price-to-earnings-growth ratio of 1.07 and a beta of 0.79. Welltower Inc. has a fifty-two week low of $148.97 and a fifty-two week high of $221.68.

Welltower (NYSE:WELL) last posted its quarterly earnings data 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 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 previous year, the firm posted $1.20 EPS. The firm’s revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities research analysts expect that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were paid 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%.

Analyst Ratings Changes

Several brokerages have recently weighed in on WELL. Weiss Ratings upgraded Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. Jefferies Financial Group raised their price objective on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. UBS Group upped their target price on shares of Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Finally, Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $230.25.

Welltower 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.