Lansforsakringar Fondforvaltning AB publ Sells 3,273 Shares of Welltower Inc. $WELL

Lansforsakringar Fondforvaltning AB publ trimmed its holdings in Welltower Inc. (NYSE:WELLFree Report) by 1.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 214,661 shares of the real estate investment trust’s stock after selling 3,273 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Welltower were worth $42,440,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Marquette Asset Management LLC raised its stake in Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares during the last quarter. Swiss RE Ltd. acquired a new stake in Welltower in the 4th quarter worth $29,000. Quarry LP bought a new position in shares of Welltower during the 3rd quarter worth about $33,000. Financial Consulate Inc. acquired a new position in shares of Welltower during the fourth quarter valued at about $34,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Welltower during the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 0.1%

Shares of WELL opened at $227.58 on Tuesday. 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 50-day moving average price of $212.11 and a two-hundred day moving average price of $202.26. The stock has a market cap of $160.65 billion, a price-to-earnings ratio of 112.67, a P/E/G ratio of 1.17 and a beta of 0.79. Welltower Inc. has a 12 month low of $148.97 and a 12 month high of $228.53.

Welltower (NYSE:WELLGet Free Report) last released 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 company had revenue of $3.35 billion for 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 company’s revenue was up 38.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities analysts predict 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 dividend of $0.74 per share. 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%.

Wall Street Analysts Forecast Growth

WELL has been the topic of a number of recent research reports. Raymond James Financial started coverage on Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price on the stock. Wells Fargo & Company raised their price objective on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Mizuho set a $239.00 price objective on Welltower in a report on Friday, May 22nd. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Finally, Citigroup raised their target price on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $230.25.

Get Our Latest Research Report on Welltower

Welltower Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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