HighTower Advisors LLC Has $21.65 Million Holdings in Welltower Inc. $WELL

HighTower Advisors LLC trimmed its holdings in shares of Welltower Inc. (NYSE:WELL) by 5.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 95,382 shares of the real estate investment trust’s stock after selling 5,420 shares during the quarter. HighTower Advisors LLC’s holdings in Welltower were worth $21,649,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Revolve Wealth Partners LLC increased its stake in shares of Welltower by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock valued at $316,000 after acquiring an additional 45 shares in the last quarter. Family Wealth Partners LLC boosted its stake in Welltower by 1.3% during the second quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust’s stock worth $835,000 after acquiring an additional 48 shares in the last quarter. Summit Securities Group LLC boosted its stake in Welltower by 42.6% during the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 49 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Welltower by 2.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock worth $367,000 after purchasing an additional 49 shares during the period. Finally, Parallel Advisors LLC grew its holdings in Welltower by 0.7% in the first quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock worth $1,416,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WELL. KeyCorp lifted their price target on shares of Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Scotiabank reduced their target price on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Barclays assumed coverage on Welltower in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 target price for the company. Royal Bank Of Canada upped their price target on Welltower from $238.00 to $260.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $246.11.

Welltower Stock Performance

Shares of WELL stock opened at $235.55 on Friday. The firm has a market capitalization of $169.77 billion, a PE ratio of 108.05, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. The firm has a fifty day simple moving average of $229.65 and a two-hundred day simple moving average of $214.01. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a 12 month low of $161.26 and a 12 month high of $255.20.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The business had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm’s quarterly revenue was up 39.1% on a year-over-year basis. During the same period last year, the business posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts forecast that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be issued a $0.85 dividend. This is a boost from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, August 12th. Welltower’s dividend payout ratio is 155.96%.

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.