Welltower Inc. $WELL Shares Purchased by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in shares of Welltower Inc. (NYSE:WELL) by 27.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,658 shares of the real estate investment trust’s stock after acquiring an additional 2,476 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Welltower were worth $2,164,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Welltower by 4.7% during the third quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after purchasing an additional 3,991,896 shares during the last quarter. Capital World Investors increased its holdings in Welltower by 167.2% in the third quarter. Capital World Investors now owns 4,247,262 shares of the real estate investment trust’s stock valued at $756,607,000 after buying an additional 2,657,766 shares during the last quarter. Capital International Investors raised its stake in Welltower by 4.1% during the third quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock valued at $8,285,296,000 after buying an additional 1,842,934 shares in the last quarter. State Street Corp raised its stake in Welltower by 4.1% during the third quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock valued at $7,348,979,000 after buying an additional 1,637,665 shares in the last quarter. Finally, Alyeska Investment Group L.P. bought a new position in Welltower during the 3rd quarter worth approximately $98,214,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Mizuho raised their price objective on Welltower from $216.00 to $231.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 4th. Morgan Stanley lifted their price objective on shares of Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Cantor Fitzgerald boosted their target price on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, Scotiabank increased their target price on shares of Welltower from $214.00 to $236.00 and gave the stock a “sector outperform” rating in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $228.53.

Welltower Stock Up 0.7%

Welltower stock opened at $214.46 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. Welltower Inc. has a one year low of $142.65 and a one year high of $219.59. The company has a 50-day simple moving average of $206.17 and a 200-day simple moving average of $196.94. The firm has a market capitalization of $151.39 billion, a P/E ratio of 106.17, a P/E/G ratio of 1.11 and a beta of 0.83.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.34. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. Welltower’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same period last year, the firm posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, equities analysts expect that Welltower Inc. will post 6.29 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th will be 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 of this dividend is Wednesday, May 13th. Welltower’s payout ratio is 146.53%.

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.