Groupama Asset Managment cut its position in Welltower Inc. (NYSE:WELL – Free Report) by 91.5% during the 4th quarter, HoldingsChannel reports. The firm owned 177,503 shares of the real estate investment trust’s stock after selling 1,905,765 shares during the quarter. Groupama Asset Managment’s holdings in Welltower were worth $32,946,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in WELL. Hager Investment Management Services LLC increased its position in shares of Welltower by 84.4% in the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Marquette Asset Management LLC raised its stake in Welltower by 62.8% during the 4th 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 during the period. Swiss RE Ltd. bought a new position in Welltower during the fourth quarter worth about $29,000. Quarry LP bought a new position in Welltower during the third quarter worth about $33,000. Finally, Financial Consulate Inc. acquired a new position in Welltower in the fourth quarter valued at about $34,000. 94.80% of the stock is owned by institutional investors.
Analyst Ratings Changes
WELL has been the subject of several recent analyst reports. UBS Group increased their price target on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Citigroup boosted their price objective on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings raised Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 2nd. Raymond James Financial started coverage on shares of Welltower in a report on Tuesday. They set an “outperform” rating and a $226.00 target price on the stock. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $245.00 price target on shares of Welltower in a research note on Monday, May 4th. Thirteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $230.25.
Welltower Price Performance
Shares of WELL opened at $206.73 on Friday. The company has a market cap of $145.93 billion, a price-to-earnings ratio of 102.34, a PEG ratio of 1.07 and a beta of 0.79. The company’s fifty day simple moving average is $210.63 and its 200 day simple moving average is $201.39. Welltower Inc. has a 1-year low of $148.97 and a 1-year high of $221.68. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40.
Welltower (NYSE:WELL – Get Free Report) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. Welltower’s revenue was up 38.3% on a year-over-year basis. During the same period last year, the business posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, research analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.
Welltower Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given 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 presently 146.53%.
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.
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