Kesler Norman & Wride LLC Invests $717,000 in Welltower Inc. $WELL

Kesler Norman & Wride LLC purchased a new stake in shares of Welltower Inc. (NYSE:WELL) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,629 shares of the real estate investment trust’s stock, valued at approximately $717,000.

Other large investors have also recently modified their holdings of the company. AIA Group Ltd increased its position in Welltower by 53.8% during the 3rd quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock valued at $4,275,000 after purchasing an additional 8,400 shares during the period. Nordea Investment Management AB lifted its position in shares of Welltower by 11.8% in the 4th quarter. Nordea Investment Management AB now owns 1,930,894 shares of the real estate investment trust’s stock worth $358,915,000 after purchasing an additional 204,317 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Welltower by 30.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 195,052 shares of the real estate investment trust’s stock worth $36,214,000 after purchasing an additional 45,214 shares during the period. KLP Kapitalforvaltning AS boosted its stake in shares of Welltower by 21.2% during the fourth quarter. KLP Kapitalforvaltning AS now owns 291,146 shares of the real estate investment trust’s stock valued at $54,040,000 after purchasing an additional 50,900 shares in the last quarter. Finally, Congress Asset Management Co. boosted its stake in shares of Welltower by 28.0% during the fourth quarter. Congress Asset Management Co. now owns 753,330 shares of the real estate investment trust’s stock valued at $139,826,000 after purchasing an additional 164,708 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of recent research reports. Scotiabank reduced their price objective on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Barclays initiated coverage on Welltower in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price target on the stock. UBS Group upped their price objective on Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Finally, Jefferies Financial Group raised their price objective on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.72.

Welltower Trading Up 0.8%

NYSE WELL opened at $243.39 on Friday. Welltower Inc. has a 52 week low of $156.96 and a 52 week high of $246.43. The company has a 50 day moving average price of $218.71 and a 200 day moving average price of $206.74. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The firm has a market cap of $171.81 billion, a PE ratio of 120.49, a price-to-earnings-growth ratio of 1.19 and a beta of 0.77.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period last year, the firm earned $1.20 earnings per share. Welltower’s 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, sell-side analysts forecast that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.2%. Welltower’s dividend payout ratio 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.