Swedbank AB Lowers Stock Position in Welltower Inc. $WELL

Swedbank AB reduced its stake in shares of Welltower Inc. (NYSE:WELL) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 677,186 shares of the real estate investment trust’s stock after selling 17,865 shares during the period. Swedbank AB owned 0.10% of Welltower worth $125,692,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Hager Investment Management Services LLC increased its position in shares of Welltower by 84.4% during the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Marquette Asset Management LLC grew its position in Welltower by 62.8% in the 4th 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 during the last quarter. Quarry LP bought a new position in Welltower in the 3rd quarter valued at $33,000. Financial Consulate Inc. bought a new position in Welltower in the 4th quarter valued at $34,000. Finally, MMA Asset Management LLC bought a new position in Welltower in the 3rd quarter valued at $35,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Performance

NYSE WELL opened at $216.31 on Friday. The company has a market cap of $152.70 billion, a PE ratio of 107.09, a price-to-earnings-growth ratio of 1.13 and a beta of 0.83. The stock’s 50 day simple moving average is $208.17 and its 200-day simple moving average is $199.71. Welltower Inc. has a 1-year low of $147.49 and a 1-year high of $221.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter last year, the business posted $1.20 earnings per share. The business’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. As a group, equities research analysts anticipate that Welltower Inc. will post 6.28 EPS for the current fiscal year.

Welltower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were given a $0.74 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. Welltower’s payout ratio is currently 146.53%.

Analyst Ratings Changes

WELL has been the subject of several research reports. Cantor Fitzgerald upped their target price on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Citigroup upped their target price on Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Scotiabank upped their price objective on Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, BMO Capital Markets restated an “outperform” rating and set a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $231.00.

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.