Jupiter Asset Management Ltd. Buys New Stake in Welltower Inc. $WELL

Jupiter Asset Management Ltd. purchased a new position in shares of Welltower Inc. (NYSE:WELL) during the third quarter, Holdings Channel.com reports. The fund purchased 428,705 shares of the real estate investment trust’s stock, valued at approximately $76,370,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MMA Asset Management LLC acquired a new stake in Welltower in the third quarter valued at approximately $35,000. Global Wealth Strategies & Associates purchased a new position in shares of Welltower during the 3rd quarter valued at approximately $36,000. Newbridge Financial Services Group Inc. grew its stake in Welltower by 39.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 87 shares during the period. Y.D. More Investments Ltd increased its holdings in Welltower by 585.7% in the 3rd quarter. Y.D. More Investments Ltd now owns 288 shares of the real estate investment trust’s stock worth $51,000 after acquiring an additional 246 shares in the last quarter. Finally, Collier Financial purchased a new stake in Welltower in the 3rd quarter worth $54,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Citigroup lifted their price objective on Welltower from $215.00 to $245.00 and gave the stock a “buy” rating in a report on Wednesday. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday. Cantor Fitzgerald lifted their price target on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, Loop Capital set a $196.00 price target on Welltower in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $211.50.

Welltower Price Performance

NYSE:WELL opened at $208.11 on Friday. Welltower Inc. has a one year low of $130.29 and a one year high of $216.43. 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 cap of $145.21 billion, a PE ratio of 148.65, a P/E/G ratio of 1.42 and a beta of 0.85. The stock has a 50 day moving average price of $190.91 and a 200 day moving average price of $182.75.

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

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders 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 yield of 1.4%. Welltower’s payout ratio is 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.