Lansforsakringar Fondforvaltning AB publ Has $42.44 Million Stake in Welltower Inc. $WELL

Lansforsakringar Fondforvaltning AB publ lowered its position in Welltower Inc. (NYSE:WELLFree Report) by 1.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 214,661 shares of the real estate investment trust’s stock after selling 3,273 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Welltower were worth $42,440,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Norges Bank bought a new stake in Welltower during the 4th quarter worth approximately $5,466,264,000. Cardano Risk Management B.V. raised its position in Welltower by 955.3% in the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after purchasing an additional 8,612,016 shares during the last quarter. Capital World Investors boosted its stake in Welltower by 153.0% in the fourth quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock worth $1,994,290,000 after purchasing an additional 6,497,258 shares in the last quarter. Vanguard Group Inc. boosted its stake in Welltower by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock worth $17,154,349,000 after purchasing an additional 2,643,088 shares in the last quarter. Finally, Capital International Investors grew its holdings in shares of Welltower by 4.1% during the third quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after purchasing an additional 1,842,934 shares during the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Price Performance

Welltower stock opened at $227.58 on Tuesday. The business’s 50-day simple moving average is $212.11 and its 200 day simple moving average is $202.26. The stock has a market cap of $160.65 billion, a price-to-earnings ratio of 112.67, a P/E/G ratio of 1.17 and a beta of 0.79. Welltower Inc. has a 12-month low of $148.97 and a 12-month high of $228.53. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40.

Welltower (NYSE:WELLGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the previous year, the business posted $1.20 EPS. The company’s quarterly revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, research analysts anticipate that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is 146.53%.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of research reports. BMO Capital Markets restated an “outperform” rating and issued a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Citigroup increased their price objective on shares of Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Jefferies Financial Group boosted their target price on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company upped their target price on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $230.25.

Check Out Our Latest Stock Analysis on Welltower

Welltower Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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