Groupama Asset Managment Sells 1,905,765 Shares of Welltower Inc. $WELL

Groupama Asset Managment reduced its stake in Welltower Inc. (NYSE:WELL) by 91.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 177,503 shares of the real estate investment trust’s stock after selling 1,905,765 shares during the period. Groupama Asset Managment’s holdings in Welltower were worth $32,946,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Hager Investment Management Services LLC boosted its stake in Welltower by 84.4% in the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Marquette Asset Management LLC raised its stake in Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 59 shares in the last quarter. Swiss RE Ltd. acquired a new position in Welltower during the fourth quarter worth $29,000. Quarry LP bought a new position in shares of Welltower during the third quarter valued at $33,000. Finally, Financial Consulate Inc. bought a new position in shares of Welltower during the fourth quarter valued at $34,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on WELL shares. Jefferies Financial Group upped their target price on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Citigroup lifted their target price on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $238.00 price target on shares of Welltower in a report on Monday. KeyCorp boosted their target price on shares of Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Finally, Raymond James Financial began coverage on shares of Welltower in a research report on Tuesday. They issued an “outperform” rating and a $226.00 price objective for the company. Thirteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and an average price target of $230.25.

Welltower Stock Performance

Shares of Welltower stock opened at $206.73 on Friday. The firm has a fifty day moving average of $210.63 and a two-hundred day moving average of $201.39. 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 stock has a market capitalization of $145.93 billion, a price-to-earnings ratio of 102.34, a PEG ratio of 1.07 and a beta of 0.79. Welltower Inc. has a 52 week low of $148.97 and a 52 week high of $221.68.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.34. The business 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 firm’s revenue was up 38.3% on a year-over-year basis. During the same period last year, the company earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, equities research analysts predict that Welltower Inc. will post 6.32 EPS 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 given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, May 13th. 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.