Kesler Norman & Wride LLC Makes New $717,000 Investment in Welltower Inc. $WELL

Kesler Norman & Wride LLC bought a new position in Welltower Inc. (NYSE:WELL) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 3,629 shares of the real estate investment trust’s stock, valued at approximately $717,000.

Several other hedge funds have also recently made changes to their positions in WELL. Vanguard Group Inc. grew its position in Welltower by 2.9% in 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. Capital International Investors raised its position in Welltower by 2.0% during the fourth 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 lifted its stake 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 last quarter. Norges Bank bought a new stake in shares of Welltower in the 4th quarter valued at approximately $5,466,264,000. Finally, Bank of America Corp DE boosted its holdings in shares of 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 during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating and set a $238.00 target price on shares of Welltower in a research report on Monday, June 15th. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Raymond James Financial started coverage on shares of Welltower in a research report on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective on the stock. Weiss Ratings downgraded shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $234.72.

Welltower Trading Up 0.8%

Shares of NYSE WELL opened at $243.39 on Friday. Welltower Inc. has a fifty-two week low of $156.96 and a fifty-two week high of $246.43. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The company has a market cap of $171.81 billion, a price-to-earnings ratio of 120.49, a PEG ratio of 1.19 and a beta of 0.77. The business’s 50 day moving average price is $218.71 and its 200-day moving average price is $206.74.

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

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is currently 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.