Welltower Inc. $WELL Shares Sold by Westerkirk Capital Inc.

Westerkirk Capital Inc. reduced its stake in shares of Welltower Inc. (NYSE:WELL) by 65.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,471 shares of the real estate investment trust’s stock after selling 6,529 shares during the quarter. Westerkirk Capital Inc.’s holdings in Welltower were worth $644,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Gordian Capital Singapore Pte Ltd grew its position in Welltower by 8.9% during the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 6,100 shares of the real estate investment trust’s stock worth $1,132,000 after buying an additional 500 shares during the period. Fox Run Management L.L.C. acquired a new position in Welltower during the fourth quarter worth about $1,396,000. Cerity Partners LLC grew its position in Welltower by 3.8% during the fourth quarter. Cerity Partners LLC now owns 245,423 shares of the real estate investment trust’s stock worth $45,553,000 after buying an additional 9,095 shares during the period. LPL Financial LLC grew its position in Welltower by 14.2% during the fourth quarter. LPL Financial LLC now owns 366,905 shares of the real estate investment trust’s stock worth $68,101,000 after buying an additional 45,728 shares during the period. Finally, Franklin Resources Inc. grew its position in Welltower by 7.4% during the fourth quarter. Franklin Resources Inc. now owns 472,953 shares of the real estate investment trust’s stock worth $87,785,000 after buying an additional 32,778 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Mizuho set a $239.00 target price on shares of Welltower in a research report on Friday, May 22nd. Weiss Ratings upgraded shares of Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. Royal Bank Of Canada upped their target price on shares of Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Scotiabank upped their target price on shares of Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Finally, BMO Capital Markets restated an “outperform” rating and set a $245.00 target price on shares of Welltower in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $231.60.

Welltower Stock Performance

NYSE:WELL opened at $206.46 on Wednesday. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The company has a market cap of $145.74 billion, a P/E ratio of 102.21, a P/E/G ratio of 1.03 and a beta of 0.79. Welltower Inc. has a fifty-two week low of $148.70 and a fifty-two week high of $221.68. The firm’s 50 day moving average is $209.07 and its two-hundred day moving average is $201.03.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. The company 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 revenue was up 38.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Analysts expect that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. Welltower’s dividend payout ratio is presently 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.