First Pacific Financial Cuts Stake in Welltower Inc. $WELL

First Pacific Financial lowered its stake in shares of Welltower Inc. (NYSE:WELL) by 16.1% 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 26,275 shares of the real estate investment trust’s stock after selling 5,025 shares during the period. Welltower accounts for about 0.7% of First Pacific Financial’s investment portfolio, making the stock its 28th largest position. First Pacific Financial’s holdings in Welltower were worth $5,195,000 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. Marquette Asset Management LLC grew its stake in Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 59 shares in the last quarter. Swiss RE Ltd. bought a new stake in Welltower in the 4th quarter valued at $29,000. Quarry LP purchased a new stake in Welltower in the 3rd quarter worth $33,000. Financial Consulate Inc. purchased a new stake in Welltower in the 4th quarter worth $34,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Welltower during the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 0.3%

Shares of NYSE WELL opened at $227.12 on Wednesday. The firm’s 50-day moving average price is $212.45 and its 200-day moving average price is $202.51. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $160.33 billion, a price-to-earnings ratio of 112.44, a P/E/G ratio of 1.18 and a beta of 0.79. Welltower Inc. has a 12-month low of $148.97 and a 12-month high of $230.07.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping 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 company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous year, the firm earned $1.20 earnings per share. Welltower’s quarterly 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, equities research analysts anticipate that Welltower Inc. will post 6.32 EPS for the current fiscal 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 issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio is presently 146.53%.

Analyst Ratings Changes

Several brokerages have recently issued reports on WELL. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Scotiabank cut their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $238.00 price objective on shares of Welltower in a research note on Monday, June 15th. Finally, Mizuho set a $239.00 price objective on Welltower in a report on Friday, May 22nd. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $230.25.

About Welltower

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.