M&T Bank Corp Purchases 91,034 Shares of Welltower Inc. $WELL

M&T Bank Corp boosted its position in shares of Welltower Inc. (NYSE:WELL) by 491.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,541 shares of the real estate investment trust’s stock after purchasing an additional 91,034 shares during the period. M&T Bank Corp’s holdings in Welltower were worth $19,054,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Welltower by 7.1% during the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 279 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Welltower by 31.7% during the 1st quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock worth $2,266,000 after acquiring an additional 3,564 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Welltower by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock worth $294,000 after acquiring an additional 127 shares in the last quarter. Baird Financial Group Inc. grew its stake in shares of Welltower by 7.3% during the 2nd quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock worth $1,671,000 after acquiring an additional 735 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Welltower by 27.0% during the 2nd quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust’s stock worth $1,912,000 after acquiring an additional 2,641 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 4.3%

Welltower stock opened at $208.37 on Friday. 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 stock has a 50-day simple moving average of $205.63 and a 200 day simple moving average of $194.19. Welltower Inc. has a 52 week low of $142.65 and a 52 week high of $216.43. The stock has a market capitalization of $146.81 billion, a P/E ratio of 148.84, a PEG ratio of 1.37 and a beta of 0.83.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping analysts’ consensus estimates 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 business posted $1.13 earnings per share. The company’s revenue for the quarter was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Analysts expect that Welltower Inc. will post 6.24 earnings per share for the current year.

Welltower Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on WELL shares. Wells Fargo & Company raised their price objective on Welltower from $218.00 to $228.00 and gave the company an “overweight” rating in a report on Thursday, March 26th. Wall Street Zen lowered shares of Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Scotiabank upped their price target on shares of Welltower from $214.00 to $236.00 and gave the stock a “sector outperform” rating in a research report on Monday, March 2nd. UBS Group set a $240.00 price target on shares of Welltower in a research report on Thursday, February 12th. Finally, Citigroup lifted their price target on Welltower from $215.00 to $245.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $225.43.

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.