Vanguard Group Inc. Purchases 3,991,896 Shares of Welltower Inc. $WELL

Vanguard Group Inc. grew its holdings in shares of Welltower Inc. (NYSE:WELL) by 4.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,778,383 shares of the real estate investment trust’s stock after buying an additional 3,991,896 shares during the period. Vanguard Group Inc. owned 13.08% of Welltower worth $15,993,121,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MMA Asset Management LLC purchased a new position in Welltower during the 3rd quarter valued at about $35,000. Global Wealth Strategies & Associates bought a new position in shares of Welltower during the third quarter valued at approximately $36,000. Collier Financial purchased a new position in shares of Welltower during the third quarter valued at approximately $54,000. Newbridge Financial Services Group Inc. boosted its position in shares of Welltower by 39.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 87 shares in the last quarter. Finally, City Holding Co. purchased a new stake in shares of Welltower in the 3rd quarter worth approximately $59,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WELL has been the topic of several analyst reports. Scotiabank boosted their target price on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Wall Street Zen cut shares of Welltower from a “hold” rating to a “sell” rating in a research note on Saturday. Cantor Fitzgerald increased their price objective on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday. UBS Group set a $240.00 target price on shares of Welltower in a report on Thursday. Finally, Morgan Stanley upped their target price on shares of Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $210.21.

Welltower Price Performance

Shares of NYSE:WELL opened at $210.71 on Monday. The business has a 50-day simple moving average of $189.50 and a two-hundred day simple moving average of $181.72. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46. The firm has a market cap of $147.02 billion, a price-to-earnings ratio of 150.51, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85. Welltower Inc. has a fifty-two week low of $130.29 and a fifty-two week high of $212.62.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.01. The firm had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $2.93 billion. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The firm’s quarterly revenue was up 41.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.13 earnings per share. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is 211.43%.

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.