Waratah Capital Advisors Ltd. Sells 50,951 Shares of Welltower Inc. $WELL

Waratah Capital Advisors Ltd. cut its holdings in shares of Welltower Inc. (NYSE:WELL) by 37.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,837 shares of the real estate investment trust’s stock after selling 50,951 shares during the quarter. Waratah Capital Advisors Ltd.’s holdings in Welltower were worth $15,113,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. MMA Asset Management LLC bought a new stake in Welltower during the third quarter worth about $35,000. Global Wealth Strategies & Associates bought a new stake in shares of Welltower during the 3rd quarter worth approximately $36,000. Newbridge Financial Services Group Inc. boosted its holdings in shares of Welltower by 39.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 87 shares during the last quarter. Y.D. More Investments Ltd boosted its holdings in shares of Welltower by 585.7% in the 3rd quarter. Y.D. More Investments Ltd now owns 288 shares of the real estate investment trust’s stock valued at $51,000 after buying an additional 246 shares during the last quarter. Finally, Collier Financial bought a new position in shares of Welltower in the third quarter valued at $54,000. Institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on WELL shares. KeyCorp upped their price target on shares of Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research report on Tuesday. Scotiabank upped their target price on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a report on Thursday, November 13th. Loop Capital set a $196.00 target price on shares of Welltower in a research note on Wednesday, October 29th. Royal Bank Of Canada lifted their price target on Welltower from $207.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $205.00 price objective on shares of Welltower in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $218.79.

Welltower Stock Performance

NYSE WELL opened at $209.39 on Wednesday. The stock has a market cap of $146.10 billion, a PE ratio of 149.56, a P/E/G ratio of 1.43 and a beta of 0.85. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46. The firm has a 50-day moving average of $192.09 and a 200-day moving average of $183.78. Welltower Inc. has a 52-week low of $130.29 and a 52-week high of $216.43.

Welltower (NYSE:WELL) last released its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.01. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $2.93 billion. During the same period in the prior year, the firm earned $1.13 EPS. The business’s revenue was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, sell-side analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be paid a $0.74 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $2.96 annualized dividend and a yield of 1.4%. Welltower’s payout ratio is 211.43%.

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.