NewEdge Wealth LLC Buys 7,950 Shares of Welltower Inc. $WELL

NewEdge Wealth LLC boosted its position in Welltower Inc. (NYSE:WELL) by 4.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 208,401 shares of the real estate investment trust’s stock after buying an additional 7,950 shares during the quarter. NewEdge Wealth LLC’s holdings in Welltower were worth $38,835,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Welltower by 4.7% during the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock valued at $15,993,121,000 after purchasing an additional 3,991,896 shares during the period. State Street Corp lifted its holdings in shares of Welltower by 4.6% during the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after buying an additional 1,740,196 shares during the last quarter. Norges Bank bought a new stake in shares of Welltower in the second quarter valued at approximately $4,903,554,000. Geode Capital Management LLC boosted its position in shares of Welltower by 5.1% in the second quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock valued at $2,303,484,000 after acquiring an additional 723,887 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Welltower by 1.9% in the second quarter. JPMorgan Chase & Co. now owns 7,898,391 shares of the real estate investment trust’s stock worth $1,214,232,000 after acquiring an additional 149,724 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Down 3.2%

Shares of WELL opened at $208.53 on Thursday. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. The stock has a market cap of $145.50 billion, a PE ratio of 148.95, a PEG ratio of 1.45 and a beta of 0.85. Welltower Inc. has a 1 year low of $130.29 and a 1 year high of $216.43. The stock has a 50 day simple moving average of $190.44 and a 200-day simple moving average of $182.57.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.01. The firm 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% compared to the same quarter last year. During the same period in the prior year, the business posted $1.13 earnings per share. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $231.00 target price on shares of Welltower in a research note on Monday, December 15th. Citigroup upped their price objective on shares of Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday. Wall Street Zen downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Morgan Stanley upped their price target on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, UBS Group set a $240.00 price objective on Welltower in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.50.

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.