Handelsbanken Fonder AB Purchases 8,423 Shares of Welltower Inc. $WELL

Handelsbanken Fonder AB grew its holdings in shares of Welltower Inc. (NYSE:WELL) by 2.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 311,713 shares of the real estate investment trust’s stock after buying an additional 8,423 shares during the period. Handelsbanken Fonder AB’s holdings in Welltower were worth $55,529,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WELL. National Pension Service raised its stake in Welltower by 2.1% during the third quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock valued at $301,401,000 after buying an additional 34,532 shares during the last quarter. B&I Capital AG grew its stake in shares of Welltower by 5.7% in the third quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock worth $28,759,000 after acquiring an additional 8,650 shares during the last quarter. Candriam S.C.A. increased its holdings in shares of Welltower by 2.6% during the second quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock valued at $64,058,000 after acquiring an additional 10,584 shares in the last quarter. GDS Wealth Management raised its position in shares of Welltower by 13.7% in the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock worth $11,359,000 after purchasing an additional 7,699 shares during the last quarter. Finally, State Street Corp raised its position in shares of Welltower by 4.6% in the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after purchasing an additional 1,740,196 shares during the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on WELL shares. UBS Group set a $240.00 price objective on shares of Welltower in a research report on Thursday, February 12th. Morgan Stanley upped their target price on shares of Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $205.00 price target on shares of Welltower in a report on Thursday, December 18th. Jefferies Financial Group reissued a “buy” rating and set a $231.00 price target on shares of Welltower in a research report on Monday, December 15th. Finally, Royal Bank Of Canada boosted their price objective on shares of Welltower from $207.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $218.79.

Welltower Stock Performance

Shares of NYSE WELL opened at $208.58 on Friday. The firm’s 50-day moving average price is $192.88 and its 200-day moving average price is $184.12. Welltower Inc. has a 52-week low of $130.29 and a 52-week high of $216.43. The company has a market cap of $145.54 billion, a PE ratio of 148.99, a PEG ratio of 1.44 and a beta of 0.85. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.45.

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. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The firm had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $2.93 billion. During the same period in the previous year, the company earned $1.13 earnings per share. The firm’s quarterly revenue was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $0.74 per share. The ex-dividend date is Wednesday, February 25th. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. Welltower’s payout ratio is currently 211.43%.

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.