Edgestream Partners L.P. Has $3.56 Million Stock Holdings in Welltower Inc. $WELL

Edgestream Partners L.P. boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 278.0% in the first quarter, Holdings Channel.com reports. The fund owned 17,991 shares of the real estate investment trust’s stock after buying an additional 13,231 shares during the quarter. Edgestream Partners L.P.’s holdings in Welltower were worth $3,557,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WELL. Dimensional Fund Advisors LP increased its stake in shares of Welltower by 0.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust’s stock valued at $1,649,844,000 after acquiring an additional 57,938 shares during the last quarter. KLP Kapitalforvaltning AS raised its position in shares of Welltower by 21.2% in the 4th quarter. KLP Kapitalforvaltning AS now owns 291,146 shares of the real estate investment trust’s stock valued at $54,040,000 after acquiring an additional 50,900 shares during the period. Easterly Investment Partners LLC boosted its stake in Welltower by 184.9% during the 4th quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust’s stock worth $17,151,000 after acquiring an additional 59,967 shares during the last quarter. Swiss National Bank boosted its stake in Welltower by 9.9% during the 1st quarter. Swiss National Bank now owns 2,014,200 shares of the real estate investment trust’s stock worth $398,227,000 after acquiring an additional 181,400 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake 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 acquiring an additional 862,586 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on WELL shares. Citigroup upped their target price on shares of Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a research note on Friday. Raymond James Financial assumed coverage on shares of Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price target on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. UBS Group upped their price objective on shares of Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Finally, 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. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $242.94.

Welltower Price Performance

NYSE WELL opened at $235.99 on Friday. The business has a 50 day simple moving average of $224.25 and a 200 day simple moving average of $210.78. Welltower Inc. has a 52-week low of $161.26 and a 52-week high of $255.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.31 and a current ratio of 3.16. The stock has a market cap of $170.09 billion, a price-to-earnings ratio of 108.25, a PEG ratio of 1.14 and a beta of 0.77.

Welltower (NYSE:WELL) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The company had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter last year, the business posted $1.28 earnings per share. The business’s quarterly revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts anticipate that Welltower Inc. will post 6.4 earnings per share for the current fiscal year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 12th will be issued a dividend of $0.85 per share. The ex-dividend date is Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio (DPR) is 135.78%.

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.