Welltower Inc. $WELL Shares Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC raised its position in shares of Welltower Inc. (NYSE:WELL) by 6.4% in the first quarter, HoldingsChannel.com reports. The firm owned 41,342 shares of the real estate investment trust’s stock after buying an additional 2,497 shares during the period. Kestra Private Wealth Services LLC’s holdings in Welltower were worth $8,174,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Welltower by 2.9% in the 4th quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock worth $17,154,349,000 after acquiring an additional 2,643,088 shares during the last quarter. Capital International Investors boosted its position in shares of Welltower by 2.0% in the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after purchasing an additional 915,514 shares during the period. State Street Corp boosted its position in shares of Welltower by 1.2% in the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after purchasing an additional 506,374 shares during the period. Norges Bank purchased a new position in Welltower in the 4th quarter worth about $5,466,264,000. Finally, Bank of America Corp DE increased its stake in Welltower by 5.3% in the 4th quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock worth $3,787,049,000 after purchasing an additional 1,024,668 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.9%

Shares of Welltower stock opened at $223.41 on Friday. The stock has a 50-day moving average price of $211.52 and a 200 day moving average price of $201.85. The company has a market cap of $157.71 billion, a P/E ratio of 110.60, a P/E/G ratio of 1.14 and a beta of 0.79. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 1 year low of $148.97 and a 1 year high of $224.47.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. The firm had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same period last year, the company posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, analysts expect that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.

Analyst Upgrades and Downgrades

A number of analysts have commented on WELL shares. Raymond James Financial initiated coverage on shares of Welltower in a research note on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective for the company. Weiss Ratings downgraded shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Scotiabank cut their price target on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Citigroup upped their price target on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Mizuho set a $239.00 price objective on shares of Welltower in a research note on Friday, May 22nd. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average price target of $230.25.

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.