Hsbc Holdings PLC Increases Stock Position in Welltower Inc. $WELL

Hsbc Holdings PLC grew its holdings in Welltower Inc. (NYSE:WELL) by 22.4% during the 4th quarter, Holdings Channel reports. The firm owned 2,890,794 shares of the real estate investment trust’s stock after buying an additional 529,505 shares during the period. Hsbc Holdings PLC’s holdings in Welltower were worth $536,752,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Parkside Financial Bank & Trust raised its position in shares of Welltower by 2.5% during the 4th 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 last quarter. KCM Investment Advisors LLC grew its holdings in Welltower by 3.2% during the 4th quarter. KCM Investment Advisors LLC now owns 1,678 shares of the real estate investment trust’s stock valued at $311,000 after buying an additional 52 shares during the last quarter. CYBER HORNET ETFs LLC increased its position in Welltower by 3.5% during the third quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock worth $282,000 after buying an additional 53 shares in the last quarter. Verdence Capital Advisors LLC increased its position in Welltower by 4.2% during the fourth quarter. Verdence Capital Advisors LLC now owns 1,385 shares of the real estate investment trust’s stock worth $257,000 after buying an additional 56 shares in the last quarter. Finally, Wedmont Private Capital increased its position in Welltower by 0.6% during the fourth quarter. Wedmont Private Capital now owns 9,279 shares of the real estate investment trust’s stock worth $1,723,000 after buying an additional 57 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on WELL shares. Citigroup upped 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. Scotiabank dropped their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday. Wells Fargo & Company boosted their target price on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Royal Bank Of Canada restated an “outperform” rating and issued a $238.00 target price on shares of Welltower in a report on Monday, June 15th. Finally, UBS Group raised their price target on shares of Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $230.25.

Welltower Stock Performance

Shares of WELL stock opened at $206.73 on Friday. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The company has a market cap of $145.93 billion, a PE ratio of 102.34, a P/E/G ratio of 1.07 and a beta of 0.79. The company’s fifty day simple moving average is $210.67 and its 200-day simple moving average is $201.43. Welltower Inc. has a 52 week low of $148.97 and a 52 week high of $221.68.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the company earned $1.20 EPS. The firm’s revenue was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, equities research analysts anticipate that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were paid a dividend of $0.74 per share. The ex-dividend date was 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 currently 146.53%.

About Welltower

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.