Janney Montgomery Scott LLC Sells 8,196 Shares of Welltower Inc. $WELL

Janney Montgomery Scott LLC lessened its position in Welltower Inc. (NYSE:WELL) by 10.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 68,899 shares of the real estate investment trust’s stock after selling 8,196 shares during the period. Janney Montgomery Scott LLC’s holdings in Welltower were worth $13,622,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in Welltower by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after buying an additional 2,643,088 shares in the last quarter. Capital International Investors boosted its holdings in shares of Welltower by 2.0% in the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock worth $8,805,411,000 after acquiring an additional 915,514 shares in the last quarter. State Street Corp boosted its holdings in shares of Welltower by 1.2% in the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock worth $7,751,134,000 after acquiring an additional 506,374 shares in the last quarter. Norges Bank bought a new stake in Welltower during the 4th quarter worth approximately $5,466,264,000. Finally, Bank of America Corp DE grew its position in Welltower by 5.3% during the 4th quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock worth $3,787,049,000 after acquiring an additional 1,024,668 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of WELL stock opened at $230.23 on Thursday. Welltower Inc. has a 52-week low of $148.97 and a 52-week high of $231.85. The stock has a market cap of $162.52 billion, a PE ratio of 113.98, a PEG ratio of 1.17 and a beta of 0.77. 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 firm’s 50 day moving average price is $212.87 and its two-hundred day moving average price is $202.83.

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

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on WELL shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $238.00 price objective on shares of Welltower in a research report on Monday, June 15th. UBS Group raised their target price on Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, BMO Capital Markets restated an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $232.29.

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.