Y Intercept Hong Kong Ltd Decreases Stock Position in Welltower Inc. $WELL

Y Intercept Hong Kong Ltd lessened its holdings in Welltower Inc. (NYSE:WELL) by 54.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 4,673 shares of the real estate investment trust’s stock after selling 5,629 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Welltower were worth $924,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Welltower during the fourth quarter valued at about $5,466,264,000. Cardano Risk Management B.V. raised its position in shares of 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 purchasing an additional 8,612,016 shares during the last quarter. Capital World Investors boosted 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 worth $1,994,290,000 after purchasing an additional 6,497,258 shares in the last quarter. Vanguard Group Inc. boosted its stake in Welltower by 2.9% in the 4th quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock worth $17,154,349,000 after purchasing an additional 2,643,088 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in Welltower by 11.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,826,035 shares of the real estate investment trust’s stock worth $3,123,082,000 after purchasing an additional 1,734,922 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE:WELL opened at $231.32 on Monday. Welltower Inc. has a twelve month low of $151.92 and a twelve month high of $239.10. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The company has a market cap of $163.29 billion, a PE ratio of 114.52, a price-to-earnings-growth ratio of 1.14 and a beta of 0.77. The company’s 50 day moving average is $216.45 and its 200 day moving average is $205.10.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations 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 period in the previous year, the business posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, sell-side analysts forecast that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Citigroup upped their price target on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Mizuho set a $239.00 price objective on shares of Welltower in a research note on Friday, May 22nd. Scotiabank dropped their price objective on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. BMO Capital Markets reissued an “outperform” rating and set a $245.00 price objective on shares of Welltower in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $234.72.

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.