BNP Paribas Makes New Investment in Welltower Inc. $WELL

BNP Paribas purchased a new position in Welltower Inc. (NYSE:WELL) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 9,800 shares of the real estate investment trust’s stock, valued at approximately $1,819,000.

Other hedge funds have also bought and sold shares of the company. Mitsubishi UFJ Asset Management UK Ltd. bought a new position in Welltower during the 3rd quarter valued at about $1,781,000. New York Life Investment Management LLC grew its holdings in Welltower by 4.3% during the 3rd quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock valued at $17,345,000 after purchasing an additional 4,019 shares during the last quarter. Benchmark Investment Advisors LLC bought a new position in Welltower during the 3rd quarter valued at about $901,000. Signature Estate & Investment Advisors LLC grew its holdings in Welltower by 3,192.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 47,380 shares of the real estate investment trust’s stock valued at $8,440,000 after purchasing an additional 45,941 shares during the last quarter. Finally, AIA Group Ltd grew its holdings in Welltower by 53.8% during the 3rd quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock valued at $4,275,000 after purchasing an additional 8,400 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on WELL. Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Jefferies Financial Group upped their price target on shares of Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Cantor Fitzgerald upped their price target on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Scotiabank upped their price target on shares of Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, KeyCorp upped their price target on shares of Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $231.60.

Welltower Price Performance

Welltower stock opened at $195.37 on Wednesday. The stock has a market cap of $137.92 billion, a price-to-earnings ratio of 96.72, a price-to-earnings-growth ratio of 1.02 and a beta of 0.79. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. Welltower Inc. has a 1 year low of $148.60 and a 1 year high of $221.68. The firm has a 50-day moving average of $208.37 and a two-hundred day moving average of $200.75.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter in the prior year, the company earned $1.20 EPS. The company’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, research analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend 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.