Entropy Technologies LP lessened its position in shares of Welltower Inc. (NYSE:WELL – Free Report) by 11.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,824 shares of the real estate investment trust’s stock after selling 6,811 shares during the period. Entropy Technologies LP’s holdings in Welltower were worth $10,176,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in WELL. Norges Bank bought a new position in Welltower during the 4th quarter worth about $5,466,264,000. Cardano Risk Management B.V. lifted its stake in Welltower by 955.3% in the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after acquiring an additional 8,612,016 shares in the last quarter. Capital World Investors lifted its stake in Welltower by 153.0% in the 4th quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after acquiring an additional 6,497,258 shares in the last quarter. Vanguard Group Inc. boosted its position in Welltower by 4.7% during the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after acquiring an additional 3,991,896 shares during the last quarter. Finally, Capital International Investors boosted its position in Welltower by 4.1% during the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after acquiring an additional 1,842,934 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on WELL shares. Citigroup upped their price target on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Mizuho set a $239.00 price target on Welltower in a research report on Friday, May 22nd. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. UBS Group upped their price target on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Finally, KeyCorp upped their price target on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $231.60.
Welltower Stock Up 1.6%
WELL stock opened at $213.96 on Friday. The company has a market cap of $151.03 billion, a price-to-earnings ratio of 105.92, a P/E/G ratio of 1.11 and a beta of 0.79. Welltower Inc. has a twelve month low of $148.97 and a twelve month high of $221.68. The business has a 50 day moving average price of $209.96 and a two-hundred day moving average price of $201.30. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40.
Welltower (NYSE:WELL – Get Free Report) last posted 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. The firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business’s quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Analysts anticipate that Welltower Inc. will post 6.32 EPS for the current fiscal year.
Welltower Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were given 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 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.
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