Castle Hook Partners LP Has $231.84 Million Stock Holdings in Welltower Inc. $WELL

Castle Hook Partners LP lowered its holdings in shares of Welltower Inc. (NYSE:WELL) by 3.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,249,056 shares of the real estate investment trust’s stock after selling 50,845 shares during the period. Welltower comprises about 1.0% of Castle Hook Partners LP’s holdings, making the stock its 13th biggest position. Castle Hook Partners LP’s holdings in Welltower were worth $231,837,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of WELL. Hager Investment Management Services LLC raised its holdings in shares of Welltower by 84.4% during the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 65 shares in the last quarter. Marquette Asset Management LLC raised its holdings in shares of Welltower by 62.8% during the 4th 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 in the last quarter. Swiss RE Ltd. acquired a new position in shares of Welltower during the 4th quarter worth $29,000. Quarry LP acquired a new position in shares of Welltower during the 3rd quarter worth $33,000. Finally, Financial Consulate Inc. acquired a new position in shares of Welltower during the 4th quarter worth $34,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Down 3.2%

Shares of Welltower stock opened at $206.65 on Thursday. Welltower Inc. has a one year low of $148.97 and a one year high of $221.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. The stock’s 50-day moving average is $210.53 and its 200 day moving average is $201.41. The firm has a market cap of $145.88 billion, a price-to-earnings ratio of 102.30, a PEG ratio of 1.10 and a beta of 0.79.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the company earned $1.20 EPS. The firm’s revenue for the quarter was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities research analysts anticipate that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were issued a $0.74 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio is presently 146.53%.

Analysts Set New Price Targets

WELL has been the subject of a number of research analyst reports. Scotiabank boosted their price target on Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. KeyCorp upped their target price on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Weiss Ratings raised Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. Jefferies Financial Group upped their target price on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Morgan Stanley upped their target price on Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Thirteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $231.25.

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.