Bank of New York Mellon Corp Lowers Stock Position in Welltower Inc. $WELL

Bank of New York Mellon Corp cut its stake in shares of Welltower Inc. (NYSE:WELL) by 1.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,972,536 shares of the real estate investment trust’s stock after selling 55,900 shares during the period. Bank of New York Mellon Corp’s holdings in Welltower were worth $785,410,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in WELL. Leonteq Securities AG lifted its holdings in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 60 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 76 shares during the period. Marquette Asset Management LLC increased its holdings in Welltower by 62.8% in the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares during the last quarter. Swiss RE Ltd. acquired a new stake in Welltower in the 4th quarter valued at approximately $29,000. Finally, Quarry LP acquired a new stake in Welltower in the 3rd quarter valued at approximately $33,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

Shares of WELL stock opened at $241.36 on Friday. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 52 week low of $156.47 and a 52 week high of $241.79. The stock has a market capitalization of $170.38 billion, a PE ratio of 119.49, a P/E/G ratio of 1.14 and a beta of 0.77. The firm has a 50 day moving average of $218.13 and a two-hundred day moving average of $206.48.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping 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 business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the previous year, the firm posted $1.20 earnings per share. The company’s quarterly 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. On average, research analysts predict that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a $0.74 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.2%. Welltower’s dividend payout ratio (DPR) is 146.53%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on WELL shares. Jefferies Financial Group upped their price target on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Wells Fargo & Company boosted their price objective on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $238.00 target price on shares of Welltower in a research note on Monday, June 15th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $234.72.

Welltower Company 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.