QRG Capital Management Inc. Raises Stock Holdings in Welltower Inc. $WELL

QRG Capital Management Inc. raised its stake in Welltower Inc. (NYSE:WELL) by 9.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,904 shares of the real estate investment trust’s stock after buying an additional 6,846 shares during the quarter. QRG Capital Management Inc.’s holdings in Welltower were worth $15,996,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Leonteq Securities AG lifted its holdings in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 60 shares during the last quarter. Sound Income Strategies LLC increased its holdings in Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares during the last quarter. Marquette Asset Management LLC raised its position in Welltower by 62.8% in the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares during the period. Swiss RE Ltd. purchased a new stake in Welltower in the fourth quarter valued at approximately $29,000. Finally, Financial Consulate Inc. purchased a new stake in Welltower in the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of WELL stock opened at $235.84 on Friday. 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 Inc. has a 52 week low of $150.20 and a 52 week high of $236.06. The stock has a market capitalization of $166.48 billion, a PE ratio of 116.75, a P/E/G ratio of 1.22 and a beta of 0.77. The firm has a 50 day moving average of $214.18 and a two-hundred day moving average of $203.41.

Welltower (NYSE:WELL) last posted its quarterly earnings data 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 business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company’s revenue was up 38.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, research analysts predict that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were issued a dividend of $0.74 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a yield of 1.3%. Welltower’s dividend payout ratio is 146.53%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Wells Fargo & Company raised their price target on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Mizuho set a $239.00 target price on Welltower in a research note on Friday, May 22nd. Raymond James Financial initiated coverage on Welltower in a research note on Tuesday, June 16th. They set an “outperform” rating and a $226.00 target price on the stock. Finally, Citigroup raised their target price on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Thirteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $232.29.

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.