Skandinaviska Enskilda Banken AB publ Cuts Position in Welltower Inc. $WELL

Skandinaviska Enskilda Banken AB publ decreased its stake in Welltower Inc. (NYSE:WELL) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,906 shares of the real estate investment trust’s stock after selling 4,041 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Welltower were worth $23,141,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MMA Asset Management LLC purchased a new position in Welltower in the 3rd quarter valued at approximately $35,000. Global Wealth Strategies & Associates acquired a new stake in Welltower in the third quarter valued at $36,000. Collier Financial purchased a new position in shares of Welltower in the third quarter valued at $54,000. Newbridge Financial Services Group Inc. raised its stake in shares of Welltower by 39.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 87 shares during the last quarter. Finally, City Holding Co. purchased a new stake in shares of Welltower in the 3rd quarter worth about $59,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Up 2.2%

WELL stock opened at $215.26 on Wednesday. The company has a 50 day moving average price of $190.09 and a two-hundred day moving average price of $182.39. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46. The stock has a market capitalization of $150.20 billion, a P/E ratio of 153.76, a PEG ratio of 1.42 and a beta of 0.85. Welltower Inc. has a one year low of $130.29 and a one year high of $216.43.

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

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be paid a dividend of $0.74 per share. 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%.

Analyst Upgrades and Downgrades

WELL has been the subject of several recent research reports. Wall Street Zen downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings reissued a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. Wells Fargo & Company upped their target price on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. KeyCorp reiterated an “overweight” rating on shares of Welltower in a report on Wednesday, February 11th. Finally, Scotiabank boosted their price target on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $207.77.

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.