JPMorgan Chase & Co. Cuts Position in Welltower Inc. $WELL

JPMorgan Chase & Co. lowered its holdings in shares of Welltower Inc. (NYSE:WELL) by 1.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,814,683 shares of the real estate investment trust’s stock after selling 83,708 shares during the quarter. JPMorgan Chase & Co.’s holdings in Welltower were worth $1,392,122,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Frank Rimerman Advisors LLC raised its stake in shares of Welltower by 0.6% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,774 shares of the real estate investment trust’s stock worth $1,741,000 after buying an additional 55 shares during the period. Onyx Bridge Wealth Group LLC increased its holdings in Welltower by 3.8% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 1,515 shares of the real estate investment trust’s stock worth $270,000 after acquiring an additional 56 shares in the last quarter. Sachetta LLC raised its position in Welltower by 14.9% during the third quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 58 shares during the period. PDS Planning Inc lifted its holdings in Welltower by 1.4% during the third quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock valued at $771,000 after purchasing an additional 59 shares in the last quarter. Finally, Modera Wealth Management LLC lifted its holdings in Welltower by 3.4% during the third quarter. Modera Wealth Management LLC now owns 1,807 shares of the real estate investment trust’s stock valued at $322,000 after purchasing an additional 60 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WELL has been the subject of a number of research reports. Jefferies Financial Group reissued a “buy” rating and set a $231.00 target price on shares of Welltower in a research note on Monday, December 15th. KeyCorp reiterated an “overweight” rating on shares of Welltower in a research note on Wednesday, February 11th. Scotiabank increased their target price on Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $205.00 price target on shares of Welltower in a research note on Thursday, December 18th. Finally, Cantor Fitzgerald boosted their price target on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and a consensus price target of $210.21.

Welltower Trading Up 1.2%

Shares of Welltower stock opened at $210.71 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. The stock’s 50 day simple moving average is $189.69 and its 200-day simple moving average is $182.04. The stock has a market cap of $147.02 billion, a P/E ratio of 150.51, a P/E/G ratio of 1.42 and a beta of 0.85. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $212.62.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.01. The firm had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The firm’s revenue was up 41.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.13 earnings per share. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be issued a $0.74 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio is currently 211.43%.

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.