Thrivent Financial for Lutherans Has $28.16 Million Position in Welltower Inc. $WELL

Thrivent Financial for Lutherans lifted its stake in Welltower Inc. (NYSE:WELL) by 25.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 151,666 shares of the real estate investment trust’s stock after purchasing an additional 30,939 shares during the period. Thrivent Financial for Lutherans’ holdings in Welltower were worth $28,163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. CYBER HORNET ETFs LLC increased its holdings in shares of Welltower by 3.5% in the third quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock valued at $282,000 after purchasing an additional 53 shares in the last quarter. Frank Rimerman Advisors LLC grew its holdings in Welltower by 0.6% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,774 shares of the real estate investment trust’s stock worth $1,741,000 after acquiring an additional 55 shares during the period. Onyx Bridge Wealth Group LLC grew its holdings in Welltower by 3.8% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 1,515 shares of the real estate investment trust’s stock worth $270,000 after acquiring an additional 56 shares during the period. Verdence Capital Advisors LLC grew its holdings in Welltower by 4.2% during the 4th quarter. Verdence Capital Advisors LLC now owns 1,385 shares of the real estate investment trust’s stock worth $257,000 after acquiring an additional 56 shares during the period. Finally, Wedmont Private Capital grew its holdings in Welltower by 0.6% during the 4th quarter. Wedmont Private Capital now owns 9,279 shares of the real estate investment trust’s stock worth $1,723,000 after acquiring an additional 57 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Trading Down 0.0%

Shares of NYSE WELL opened at $213.65 on Monday. The company’s fifty day moving average is $207.16 and its 200-day moving average is $198.58. The stock has a market cap of $150.82 billion, a price-to-earnings ratio of 105.77, a P/E/G ratio of 1.11 and a beta of 0.83. Welltower Inc. has a twelve month low of $146.50 and a twelve month high of $221.68. 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 quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The business’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same period last year, the firm posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities research analysts predict that Welltower Inc. will post 6.28 EPS for the current year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Wednesday, May 13th will be given a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, May 13th. Welltower’s payout ratio is currently 146.53%.

Analysts Set New Price Targets

A number of research firms have commented on WELL. Citigroup lifted their target price on shares of Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Royal Bank Of Canada lifted their target price on shares of Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Scotiabank lifted their target price on shares of Welltower from $214.00 to $236.00 and gave the stock a “sector outperform” rating in a report on Monday, March 2nd. Finally, Wells Fargo & Company lifted their target price on shares of Welltower from $218.00 to $228.00 and gave the stock an “overweight” rating in a report on Thursday, March 26th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $229.67.

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.