Welltower Inc. $WELL Shares Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp lifted its stake in shares of Welltower Inc. (NYSE:WELLFree Report) by 34.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,244 shares of the real estate investment trust’s stock after acquiring an additional 7,050 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Welltower were worth $5,386,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Leonteq Securities AG boosted its position 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 valued at $25,000 after purchasing an additional 60 shares during the period. Sound Income Strategies LLC increased its stake in Welltower by 124.6% in 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 in the last quarter. Marquette Asset Management LLC raised its holdings in Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 59 shares during the period. Swiss RE Ltd. acquired a new stake in Welltower during the 4th quarter worth about $29,000. Finally, Quarry LP purchased a new stake in Welltower during the third quarter valued at about $33,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on WELL shares. Mizuho raised their target price on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday. Citigroup boosted their price target on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Barclays assumed coverage on shares of Welltower in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $254.00 price target for the company. Wells Fargo & Company lifted their price objective on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $235.89.

Check Out Our Latest Stock Analysis on WELL

Welltower Trading Up 0.2%

NYSE WELL opened at $252.50 on Monday. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 1-year low of $158.24 and a 1-year high of $252.94. The firm’s fifty day simple moving average is $221.76 and its 200-day simple moving average is $209.01. The company has a market capitalization of $178.24 billion, a PE ratio of 125.00, a price-to-earnings-growth ratio of 1.24 and a beta of 0.77.

Welltower (NYSE:WELLGet Free Report) last released its quarterly earnings data 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. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter last year, the firm earned $1.20 earnings per share. The business’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, sell-side analysts anticipate that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

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

Welltower Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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