Janney Montgomery Scott LLC Sells 8,196 Shares of Welltower Inc. $WELL

Janney Montgomery Scott LLC lowered its position in shares of Welltower Inc. (NYSE:WELL) by 10.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,899 shares of the real estate investment trust’s stock after selling 8,196 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Welltower were worth $13,622,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of WELL. Norges Bank acquired a new stake in Welltower in the fourth quarter worth $5,466,264,000. Cardano Risk Management B.V. raised its stake in Welltower by 955.3% during the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock worth $1,765,808,000 after buying an additional 8,612,016 shares during the period. Capital World Investors raised its stake in Welltower by 153.0% during the 4th quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock worth $1,994,290,000 after buying an additional 6,497,258 shares during the period. Vanguard Group Inc. lifted its holdings in Welltower by 2.9% during the fourth 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 in the last quarter. Finally, Capital International Investors lifted its holdings 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 worth $8,285,296,000 after acquiring an additional 1,842,934 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on WELL. Scotiabank lowered their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Citigroup boosted their price objective on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. BMO Capital Markets reissued an “outperform” rating and set a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Royal Bank Of Canada restated an “outperform” rating and set a $238.00 target price on shares of Welltower in a report on Monday, June 15th. Finally, Raymond James Financial initiated coverage on shares of Welltower in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target on the stock. Thirteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $232.29.

Welltower Stock Performance

WELL opened at $230.23 on Thursday. The business’s 50-day moving average price is $212.87 and its two-hundred day moving average price is $202.83. Welltower Inc. has a 1 year low of $148.97 and a 1 year high of $231.85. The company has a market capitalization of $162.52 billion, a price-to-earnings ratio of 113.98, a P/E/G ratio of 1.17 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates 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 quarterly revenue was up 38.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities analysts expect that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Announces Dividend

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