Patriot Financial Group Insurance Agency LLC Increases Stake in Welltower Inc. $WELL

Patriot Financial Group Insurance Agency LLC grew its stake in shares of Welltower Inc. (NYSE:WELL) by 240.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,134 shares of the real estate investment trust’s stock after buying an additional 8,573 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Welltower were worth $2,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. AGH Wealth Advisors LLC boosted its position in shares of Welltower by 4.7% during the first quarter. AGH Wealth Advisors LLC now owns 2,411 shares of the real estate investment trust’s stock worth $477,000 after acquiring an additional 109 shares during the last quarter. Cornerstone Wealth Group LLC grew its stake in Welltower by 7.4% during the first quarter. Cornerstone Wealth Group LLC now owns 1,752 shares of the real estate investment trust’s stock valued at $362,000 after acquiring an additional 120 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in Welltower by 2.4% in the 1st quarter. Pictet Asset Management Holding SA now owns 871,607 shares of the real estate investment trust’s stock valued at $172,321,000 after acquiring an additional 20,781 shares during the last quarter. ABN AMRO Bank N.V. increased its holdings in Welltower by 0.6% in the 1st quarter. ABN AMRO Bank N.V. now owns 108,180 shares of the real estate investment trust’s stock valued at $21,619,000 after acquiring an additional 641 shares during the last quarter. Finally, Union Bancaire Privee UBP SA lifted its stake in Welltower by 1.6% in the 1st quarter. Union Bancaire Privee UBP SA now owns 30,439 shares of the real estate investment trust’s stock worth $6,018,000 after purchasing an additional 489 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

WELL has been the subject of several research reports. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. UBS Group lifted their target price on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Mizuho set a $239.00 target price on Welltower in a research report on Friday, May 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $238.00 price target on shares of Welltower in a research note on Monday, June 15th. Finally, Jefferies Financial Group raised their price target on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $230.25.

Welltower Stock Performance

Shares of NYSE:WELL opened at $227.21 on Monday. The firm has a fifty day simple moving average of $211.84 and a two-hundred day simple moving average of $202.03. Welltower Inc. has a 52 week low of $148.97 and a 52 week high of $228.53. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $160.39 billion, a P/E ratio of 112.48, a PEG ratio of 1.17 and a beta of 0.79.

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, beating 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 firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the company earned $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. On average, analysts expect that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders 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 1.3%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is presently 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.