HighTower Advisors LLC Has $16.65 Million Stock Position in Welltower Inc. $WELL

HighTower Advisors LLC raised its position in shares of Welltower Inc. (NYSE:WELL) by 3.8% in the third quarter, HoldingsChannel.com reports. The firm owned 93,429 shares of the real estate investment trust’s stock after purchasing an additional 3,422 shares during the quarter. HighTower Advisors LLC’s holdings in Welltower were worth $16,652,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Welltower in the 2nd quarter valued at $4,903,554,000. State Street Corp lifted its holdings in Welltower by 4.6% in the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after buying an additional 1,740,196 shares during the period. Balyasny Asset Management L.P. boosted its position in Welltower by 241.5% during the second quarter. Balyasny Asset Management L.P. now owns 1,241,145 shares of the real estate investment trust’s stock valued at $190,801,000 after acquiring an additional 877,725 shares during the last quarter. Geode Capital Management LLC grew its holdings in Welltower by 5.1% during the 2nd quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock worth $2,303,484,000 after acquiring an additional 723,887 shares during the period. Finally, HRT Financial LP grew its holdings in Welltower by 327.7% during the 2nd quarter. HRT Financial LP now owns 712,929 shares of the real estate investment trust’s stock worth $109,598,000 after acquiring an additional 546,225 shares during the period. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Scotiabank upped their target price on Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. UBS Group set a $240.00 price target on Welltower in a report on Thursday, February 12th. Jefferies Financial Group reiterated a “buy” rating and issued a $231.00 price objective on shares of Welltower in a research note on Monday, December 15th. Cantor Fitzgerald increased their target price on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, KeyCorp restated an “overweight” rating on shares of Welltower in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.50.

Welltower Stock Performance

Shares of WELL stock opened at $208.11 on Friday. 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 firm has a fifty day simple moving average of $190.91 and a two-hundred day simple moving average of $182.75. Welltower Inc. has a 12 month low of $130.29 and a 12 month high of $216.43. The firm has a market capitalization of $145.21 billion, a PE ratio of 148.65, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85.

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

Welltower Dividend Announcement

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

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.