Keebeck Wealth Management Acquires New Holdings in Welltower Inc. $WELL

Keebeck Wealth Management acquired a new position in Welltower Inc. (NYSE:WELL) in the second quarter, Holdings Channel reports. The fund acquired 2,324 shares of the real estate investment trust’s stock, valued at approximately $527,000.

Other hedge funds also recently bought and sold shares of the company. Leonteq Securities AG lifted its stake 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 last quarter. Kilter Group LLC bought a new stake in Welltower during the second quarter valued at about $29,000. Sound Income Strategies LLC grew its stake in 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 purchasing an additional 76 shares during the last quarter. Swiss RE Ltd. purchased a new position in Welltower in the fourth quarter valued at about $29,000. Finally, Summit Securities Group LLC raised its holdings in Welltower by 42.6% in the second quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 1.1%

Welltower stock opened at $239.95 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The stock has a market cap of $172.94 billion, a PE ratio of 110.07, a price-to-earnings-growth ratio of 1.14 and a beta of 0.76. The stock has a 50-day moving average of $232.48 and a two-hundred day moving average of $215.83. Welltower Inc. has a one year low of $163.75 and a one year high of $255.20.

Welltower (NYSE:WELL) last issued its quarterly earnings results 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). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business had revenue of $3.54 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the firm posted $1.28 EPS. Welltower’s revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, research analysts anticipate that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were given a dividend of $0.85 per share. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $3.40 annualized dividend and a yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. Welltower’s payout ratio is presently 155.96%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Scotiabank decreased their price target on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Wells Fargo & Company boosted their price objective on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft increased their target price on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Evercore restated an “outperform” rating and issued a $260.00 target price on shares of Welltower in a research note on Thursday, July 30th. Finally, Barclays initiated coverage on shares of Welltower in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price target on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $246.11.

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.