Hartford Funds Management Co LLC Boosts Stock Holdings in Welltower Inc. $WELL

Hartford Funds Management Co LLC increased its position in shares of Welltower Inc. (NYSE:WELL) by 48.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,115 shares of the real estate investment trust’s stock after purchasing an additional 4,309 shares during the period. Welltower makes up approximately 0.2% of Hartford Funds Management Co LLC’s portfolio, making the stock its 24th largest position. Hartford Funds Management Co LLC’s holdings in Welltower were worth $2,435,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in WELL. Brighton Jones LLC raised its holdings in Welltower by 7.1% during the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after purchasing an additional 279 shares in the last quarter. Empowered Funds LLC raised its holdings in Welltower by 31.7% during the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock worth $2,266,000 after purchasing an additional 3,564 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in Welltower by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock worth $294,000 after purchasing an additional 127 shares in the last quarter. Baird Financial Group Inc. raised its holdings in Welltower by 7.3% during the second quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock worth $1,671,000 after purchasing an additional 735 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Welltower by 27.0% during the second quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust’s stock worth $1,912,000 after purchasing an additional 2,641 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on WELL shares. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Cantor Fitzgerald upped their target price on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. UBS Group upped their target price on shares of Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Jefferies Financial Group upped their target price on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $229.67.

Welltower Stock Down 0.4%

WELL stock opened at $212.99 on Tuesday. The company’s 50 day simple moving average is $207.31 and its 200-day simple moving average is $198.81. The firm has a market capitalization of $150.35 billion, a PE ratio of 105.44, a P/E/G ratio of 1.11 and a beta of 0.83. Welltower Inc. has a 12 month low of $146.65 and a 12 month high of $221.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.

Welltower (NYSE:WELL) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company’s quarterly revenue was up 38.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities analysts expect that Welltower Inc. will post 6.28 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Investors 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 yield of 1.4%. Welltower’s dividend payout ratio (DPR) is 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.