Brookstone Capital Management Has $13.39 Million Stock Holdings in Welltower Inc. $WELL

Brookstone Capital Management raised its stake in Welltower Inc. (NYSE:WELL) by 29.9% in the 1st quarter, HoldingsChannel reports. The firm owned 67,752 shares of the real estate investment trust’s stock after acquiring an additional 15,575 shares during the quarter. Brookstone Capital Management’s holdings in Welltower were worth $13,395,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in WELL. Vanguard Group Inc. grew its stake in shares of Welltower by 2.9% in 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 buying an additional 2,643,088 shares during the period. Capital International Investors raised its stake in Welltower by 2.0% during the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock worth $8,805,411,000 after buying an additional 915,514 shares during the period. State Street Corp raised its stake in Welltower by 1.2% during the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock worth $7,751,134,000 after buying an additional 506,374 shares during the period. Norges Bank bought a new position in Welltower in the fourth quarter worth approximately $5,466,264,000. Finally, Bank of America Corp DE boosted its holdings in Welltower by 5.3% in the fourth 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 acquiring an additional 1,024,668 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 2.5%

WELL opened at $211.72 on Tuesday. Welltower Inc. has a fifty-two week low of $148.97 and a fifty-two week high of $221.68. The firm has a market capitalization of $149.45 billion, a P/E ratio of 104.81, a PEG ratio of 1.07 and a beta of 0.79. The company’s 50-day moving average is $210.77 and its 200 day moving average is $201.48. 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 data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Research analysts expect that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. Welltower’s dividend payout ratio is currently 146.53%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WELL. Jefferies Financial Group raised their price objective on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Weiss Ratings upgraded Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $238.00 price target on shares of Welltower in a research report on Monday, June 15th. Finally, Wells Fargo & Company boosted their price target on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Thirteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus price target of $230.25.

Welltower Company 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.