3,630 Shares in Welltower Inc. $WELL Acquired by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC bought a new position in Welltower Inc. (NYSE:WELL) in the 1st quarter, HoldingsChannel.com reports. The fund bought 3,630 shares of the real estate investment trust’s stock, valued at approximately $717,000.

Several other large investors have also recently made changes to their positions in WELL. Norges Bank bought a new stake in shares of Welltower in the 4th quarter worth approximately $5,466,264,000. Cardano Risk Management B.V. boosted its stake in shares of Welltower by 955.3% in the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after purchasing an additional 8,612,016 shares in the last quarter. Capital World Investors grew its holdings in shares of 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 valued at $1,994,290,000 after purchasing an additional 6,497,258 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Welltower by 2.9% during the 4th quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after purchasing an additional 2,643,088 shares during the last quarter. Finally, Capital International Investors raised its position in Welltower by 4.1% in the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after purchasing an additional 1,842,934 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. 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 for the company. KeyCorp raised their price objective on Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. UBS Group lifted their price objective on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Mizuho set a $239.00 target price on Welltower in a research note on Friday, May 22nd. Finally, 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. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus price target of $230.25.

Welltower Stock Up 0.0%

Shares of NYSE WELL opened at $206.73 on Monday. The firm’s fifty day moving average is $210.67 and its 200 day moving average is $201.42. Welltower Inc. has a 52 week low of $148.97 and a 52 week high of $221.68. 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 market cap 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 (NYSE:WELL) last announced its quarterly earnings results 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 business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities research analysts expect that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend 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.