Park Edge Advisors LLC Acquires Shares of 5,248 Welltower Inc. $WELL

Park Edge Advisors LLC bought a new position in Welltower Inc. (NYSE:WELL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,248 shares of the real estate investment trust’s stock, valued at approximately $974,000.

Several other institutional investors and hedge funds have also recently modified their holdings of WELL. Perigon Wealth Management LLC boosted its stake in Welltower by 7.3% in the 4th quarter. Perigon Wealth Management LLC now owns 6,601 shares of the real estate investment trust’s stock worth $1,225,000 after purchasing an additional 450 shares in the last quarter. Morangie Management LLC increased its stake in Welltower by 53.6% during the 4th quarter. Morangie Management LLC now owns 10,496 shares of the real estate investment trust’s stock valued at $1,948,000 after purchasing an additional 3,663 shares in the last quarter. Marquette Asset Management LLC raised its holdings in Welltower by 62.8% in the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 59 shares during the last quarter. Asset Planning Services Inc. LA ADV purchased a new position in Welltower in the fourth quarter worth about $6,503,000. Finally, HF Advisory Group LLC lifted its stake in shares of Welltower by 549.7% in the fourth quarter. HF Advisory Group LLC now owns 23,966 shares of the real estate investment trust’s stock worth $4,448,000 after buying an additional 20,277 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WELL. Weiss Ratings downgraded shares of Welltower from a “buy (b-)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Royal Bank Of Canada upped their price objective on Welltower from $207.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Citigroup increased their target price on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $205.00 target price on shares of Welltower in a report on Thursday, December 18th. Finally, Wells Fargo & Company boosted their price target on Welltower from $218.00 to $228.00 and gave the stock an “overweight” rating in a research note on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $225.43.

Welltower Stock Up 1.7%

WELL opened at $202.19 on Friday. The stock has a market capitalization of $141.08 billion, a price-to-earnings ratio of 144.42, a PEG ratio of 1.36 and a beta of 0.83. The firm has a 50 day moving average price of $201.04 and a 200-day moving average price of $190.53. Welltower Inc. has a twelve month low of $130.29 and a twelve month high of $216.43. 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 issued its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.01. The company 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 quarterly revenue was up 41.3% on a year-over-year basis. During the same quarter last year, the company posted $1.13 earnings per share. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Equities research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Wednesday, February 25th. Welltower’s dividend payout ratio is 211.43%.

Welltower 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.