CENTRAL TRUST Co Trims Stock Holdings in Welltower Inc. $WELL

CENTRAL TRUST Co decreased its position in Welltower Inc. (NYSE:WELL) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 67,035 shares of the real estate investment trust’s stock after selling 3,333 shares during the period. CENTRAL TRUST Co’s holdings in Welltower were worth $12,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Souders Financial Advisors raised its stake in Welltower by 28.4% in the 4th quarter. Souders Financial Advisors now owns 3,669 shares of the real estate investment trust’s stock worth $681,000 after acquiring an additional 811 shares during the last quarter. Benjamin Edwards Inc. raised its stake in Welltower by 23.0% in the 4th quarter. Benjamin Edwards Inc. now owns 16,758 shares of the real estate investment trust’s stock worth $3,111,000 after acquiring an additional 3,134 shares during the last quarter. Strs Ohio raised its stake in Welltower by 3.5% in the 4th quarter. Strs Ohio now owns 720,324 shares of the real estate investment trust’s stock worth $133,699,000 after acquiring an additional 24,266 shares during the last quarter. Ashton Thomas Securities LLC raised its stake in Welltower by 46.8% in the 4th quarter. Ashton Thomas Securities LLC now owns 5,219 shares of the real estate investment trust’s stock worth $969,000 after acquiring an additional 1,663 shares during the last quarter. Finally, Cornerstone Planning Group LLC raised its stake in Welltower by 158.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 243 shares of the real estate investment trust’s stock worth $45,000 after acquiring an additional 149 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE WELL opened at $217.08 on Friday. Welltower Inc. has a fifty-two week low of $142.65 and a fifty-two week high of $219.59. The company has a debt-to-equity ratio of 0.40, a quick ratio of 3.46 and a current ratio of 4.31. The firm has a market capitalization of $153.24 billion, a P/E ratio of 107.46, a PEG ratio of 1.13 and a beta of 0.83. The stock has a 50-day simple moving average of $205.83 and a two-hundred day simple moving average of $195.88.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the firm earned $1.20 EPS. The company’s quarterly revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities analysts forecast that Welltower Inc. will post 6.29 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.74 per share. The ex-dividend date is Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio (DPR) is 146.53%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. KeyCorp raised their target price on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Morgan Stanley lifted their price objective on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Citigroup lifted their price objective on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings upgraded Welltower from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $225.43.

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.