CI Investments Inc. Lowers Stock Holdings in Welltower Inc. $WELL

CI Investments Inc. cut its position in Welltower Inc. (NYSE:WELL) by 1.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,878 shares of the real estate investment trust’s stock after selling 3,822 shares during the quarter. CI Investments Inc.’s holdings in Welltower were worth $41,693,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. First Trust Advisors LP grew its position in Welltower by 2.1% in the 1st quarter. First Trust Advisors LP now owns 431,978 shares of the real estate investment trust’s stock valued at $85,406,000 after acquiring an additional 8,854 shares in the last quarter. Saturna Capital Corp lifted its position in shares of Welltower by 13.3% during the first quarter. Saturna Capital Corp now owns 7,205 shares of the real estate investment trust’s stock worth $1,424,000 after purchasing an additional 845 shares in the last quarter. Phillip James Consulting Co. acquired a new stake in shares of Welltower during the first quarter worth about $73,000. CacheTech Inc. purchased a new position in shares of Welltower in the first quarter valued at approximately $204,000. Finally, Meiji Yasuda America Inc boosted its stake in shares of Welltower by 12.5% in the first quarter. Meiji Yasuda America Inc now owns 33,755 shares of the real estate investment trust’s stock valued at $6,674,000 after purchasing an additional 3,762 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on WELL shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. UBS Group raised their price target on shares of Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $234.72.

Welltower Stock Up 0.7%

Welltower stock opened at $246.59 on Wednesday. The stock’s fifty day moving average is $219.89 and its two-hundred day moving average is $207.69. The stock has a market cap of $174.07 billion, a PE ratio of 122.07, a P/E/G ratio of 1.20 and a beta of 0.77. Welltower Inc. has a 1-year low of $158.24 and a 1-year high of $247.45. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, sell-side analysts expect that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

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

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.