Swedbank AB Sells 43,717 Shares of Welltower Inc. $WELL

Swedbank AB cut its stake in Welltower Inc. (NYSE:WELL) by 6.5% in the first quarter, Holdings Channel.com reports. The firm owned 633,469 shares of the real estate investment trust’s stock after selling 43,717 shares during the period. Swedbank AB’s holdings in Welltower were worth $125,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of WELL. Leonteq Securities AG increased its holdings in shares of Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the period. Sound Income Strategies LLC lifted its stake in shares of Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares during the period. Marquette Asset Management LLC grew its position 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 buying an additional 59 shares in the last quarter. Swiss RE Ltd. acquired a new stake in Welltower during the fourth quarter worth about $29,000. Finally, Financial Consulate Inc. acquired a new stake in Welltower during the fourth quarter worth about $34,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

Shares of NYSE:WELL opened at $237.44 on Wednesday. The business’s fifty day moving average price is $215.23 and its two-hundred day moving average price is $204.14. Welltower Inc. has a fifty-two week low of $150.53 and a fifty-two week high of $239.11. The stock has a market capitalization of $167.61 billion, a price-to-earnings ratio of 117.54, a price-to-earnings-growth ratio of 1.14 and a beta of 0.77. 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 released its quarterly earnings data 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. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same period in the prior year, the company posted $1.20 earnings per share. The business’s revenue for the quarter was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, analysts predict that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is currently 146.53%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on WELL shares. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Mizuho set a $239.00 target price on Welltower in a research report on Friday, May 22nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $238.00 price target on shares of Welltower in a research note on Monday, June 15th. Thirteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $233.50.

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.