CI Investments Inc. Has $37.01 Million Stock Position in Welltower Inc. $WELL

CI Investments Inc. cut its position in Welltower Inc. (NYSE:WELL) by 6.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 207,744 shares of the real estate investment trust’s stock after selling 14,260 shares during the quarter. CI Investments Inc.’s holdings in Welltower were worth $37,008,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Capstone Wealth Management Group LLC increased its stake in shares of Welltower by 7.1% in the third quarter. Capstone Wealth Management Group LLC now owns 1,439 shares of the real estate investment trust’s stock worth $256,000 after purchasing an additional 96 shares during the period. Family Wealth Partners LLC raised its stake in Welltower by 69.4% during the 3rd quarter. Family Wealth Partners LLC now owns 3,565 shares of the real estate investment trust’s stock valued at $635,000 after purchasing an additional 1,461 shares during the last quarter. Kingsview Wealth Management LLC grew its position in Welltower by 8.6% in the 3rd quarter. Kingsview Wealth Management LLC now owns 7,932 shares of the real estate investment trust’s stock worth $1,413,000 after purchasing an additional 629 shares during the last quarter. 111 Capital bought a new position in shares of Welltower during the 3rd quarter worth about $218,000. Finally, Elo Mutual Pension Insurance Co lifted its stake in shares of Welltower by 28.3% in the third quarter. Elo Mutual Pension Insurance Co now owns 61,898 shares of the real estate investment trust’s stock valued at $11,027,000 after buying an additional 13,644 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Price Performance

NYSE WELL opened at $207.88 on Wednesday. Welltower Inc. has a 52-week low of $130.29 and a 52-week high of $216.43. 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 business has a 50 day simple moving average of $194.20 and a 200 day simple moving average of $185.34. The stock has a market cap of $145.05 billion, a price-to-earnings ratio of 148.49, a PEG ratio of 1.45 and a beta of 0.82.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, beating the consensus estimate of $1.44 by $0.01. The business had revenue of $3.18 billion for 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 revenue was up 41.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts recently commented on WELL shares. Wells Fargo & Company raised their target price on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. JPMorgan Chase & Co. restated a “neutral” rating and set a $205.00 price target on shares of Welltower in a research report on Thursday, December 18th. Cantor Fitzgerald increased their price objective on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Morgan Stanley lifted their target price on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Finally, Citigroup lifted their price target on shares of Welltower from $215.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Welltower presently has a consensus rating of “Moderate Buy” and an average price target of $220.36.

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.