Keebeck Wealth Management Takes Position in Welltower Inc. $WELL

Keebeck Wealth Management purchased a new position in Welltower Inc. (NYSE:WELL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,324 shares of the real estate investment trust’s stock, valued at approximately $527,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of WELL. Leonteq Securities AG boosted its holdings in Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 60 shares during the period. Sound Income Strategies LLC increased its stake in Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 76 shares during the period. Kilter Group LLC purchased a new stake in Welltower in the second quarter worth $29,000. Swiss RE Ltd. purchased a new stake in Welltower in the fourth quarter worth $29,000. Finally, Quarry LP bought a new stake in shares of Welltower during the third quarter worth $33,000. 94.80% of the stock is owned by institutional investors.

Welltower Price Performance

Shares of WELL stock opened at $239.95 on Friday. Welltower Inc. has a twelve month low of $163.75 and a twelve month high of $255.20. The stock has a market capitalization of $172.94 billion, a price-to-earnings ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76. The stock has a fifty day simple moving average of $232.48 and a two-hundred day simple moving average of $215.83. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The firm had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.Welltower’s quarterly revenue was up 39.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, analysts predict that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. Welltower’s dividend payout ratio (DPR) is currently 155.96%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Evercore reissued an “outperform” rating and set a $260.00 target price on shares of Welltower in a research note on Thursday, July 30th. Mizuho raised their price target on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada lifted their price objective on shares of Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Jefferies Financial Group boosted 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. Finally, Raymond James Financial initiated coverage on shares of Welltower in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 target price on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $246.11.

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.