JPMorgan Chase & Co. Purchases 626,311 Shares of Welltower Inc. $WELL

JPMorgan Chase & Co. increased its position in Welltower Inc. (NYSE:WELL) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,440,994 shares of the real estate investment trust’s stock after purchasing an additional 626,311 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.23% of Welltower worth $1,566,733,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of WELL. Mitsubishi UFJ Asset Management UK Ltd. bought a new position in Welltower in the 3rd quarter valued at about $1,781,000. New York Life Investment Management LLC raised its holdings in Welltower by 4.3% in the 3rd quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock valued at $17,345,000 after acquiring an additional 4,019 shares during the period. Benchmark Investment Advisors LLC bought a new position in Welltower in the 3rd quarter valued at about $901,000. AIA Group Ltd raised its holdings in Welltower by 53.8% in the 3rd quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock valued at $4,275,000 after acquiring an additional 8,400 shares during the period. Finally, Vanguard Group Inc. raised its holdings in Welltower by 4.7% in the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock valued at $15,993,121,000 after acquiring an additional 3,991,896 shares during the period. 94.80% of the stock is owned by institutional investors.

Welltower Stock Performance

Shares of NYSE:WELL opened at $199.95 on Tuesday. The company’s 50 day moving average price is $208.86 and its two-hundred day moving average price is $200.96. Welltower Inc. has a 12-month low of $148.60 and a 12-month high of $221.68. The firm has a market cap of $141.15 billion, a PE ratio of 98.99, a PEG ratio of 1.07 and a beta of 0.79. 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 (NYSE:WELL) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the business posted $1.20 EPS. The business’s 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. Equities research analysts predict that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. Welltower’s dividend payout ratio (DPR) is currently 146.53%.

Analysts Set New Price Targets

Several research firms have weighed in on WELL. BMO Capital Markets reissued an “outperform” rating and issued a $245.00 price target on shares of Welltower in a report on Monday, May 4th. KeyCorp increased their price target on shares of Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. Citigroup increased 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. Cantor Fitzgerald increased their price target on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, Weiss Ratings upgraded shares of Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $231.60.

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.