Greenland Capital Management LP Purchases 47,366 Shares of Welltower Inc. $WELL

Greenland Capital Management LP lifted its holdings in Welltower Inc. (NYSE:WELL) by 331.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 61,656 shares of the real estate investment trust’s stock after acquiring an additional 47,366 shares during the quarter. Welltower comprises approximately 1.1% of Greenland Capital Management LP’s holdings, making the stock its 16th biggest position. Greenland Capital Management LP’s holdings in Welltower were worth $10,635,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. MMA Asset Management LLC purchased a new position in Welltower in the third quarter worth $35,000. Global Wealth Strategies & Associates purchased a new stake in shares of Welltower during the 3rd quarter valued at $36,000. Y.D. More Investments Ltd increased its position in shares of Welltower by 585.7% during the 3rd quarter. Y.D. More Investments Ltd now owns 288 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 246 shares during the last quarter. Collier Financial bought a new stake in shares of Welltower during the 3rd quarter worth $54,000. Finally, Newbridge Financial Services Group Inc. raised its stake in shares of Welltower by 39.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 87 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Price Performance

NYSE WELL opened at $209.18 on Tuesday. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. The company has a market cap of $145.95 billion, a PE ratio of 149.41, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85. Welltower Inc. has a 52 week low of $130.29 and a 52 week high of $216.43. The firm’s 50-day simple moving average is $191.71 and its two-hundred day simple moving average is $183.49.

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

Welltower Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. Welltower’s payout ratio is presently 211.43%.

Analyst Ratings Changes

Several equities analysts recently weighed in on WELL shares. UBS Group set a $240.00 price target on shares of Welltower in a research report on Thursday, February 12th. Wall Street Zen cut shares of Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $205.00 target price on shares of Welltower in a research report on Thursday, December 18th. Jefferies Financial Group restated a “buy” rating and set a $231.00 price target on shares of Welltower in a research note on Monday, December 15th. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Welltower in a report on Wednesday, February 11th. One 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $211.50.

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.