Welltower Inc. $WELL Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. trimmed its stake in shares of Welltower Inc. (NYSE:WELLFree Report) by 32.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,434 shares of the real estate investment trust’s stock after selling 19,263 shares during the quarter. Pacer Advisors Inc.’s holdings in Welltower were worth $7,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in Welltower by 7.1% during the fourth quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after purchasing an additional 279 shares in the last quarter. Empowered Funds LLC boosted its stake in Welltower by 31.7% during the 1st quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock valued at $2,266,000 after purchasing an additional 3,564 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Welltower by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock valued at $294,000 after purchasing an additional 127 shares during the period. Baird Financial Group Inc. raised its stake in shares of Welltower by 7.3% in the 2nd quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock worth $1,671,000 after buying an additional 735 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Welltower by 27.0% in the 2nd quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust’s stock worth $1,912,000 after buying an additional 2,641 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on WELL shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Wells Fargo & Company raised their price objective on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. KeyCorp boosted their target price on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Mizuho lifted their price target on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Welltower has an average rating of “Moderate Buy” and a consensus price target of $246.11.

Read Our Latest Stock Analysis on Welltower

Welltower Price Performance

WELL stock opened at $236.78 on Thursday. Welltower Inc. has a one year low of $161.26 and a one year high of $255.20. The firm has a 50-day moving average of $225.30 and a two-hundred day moving average of $211.91. The firm has a market capitalization of $170.66 billion, a PE ratio of 108.61, a P/E/G ratio of 1.11 and a beta of 0.76. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37.

Welltower (NYSE:WELLGet Free Report) last released its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same period last year, the business earned $1.28 earnings per share. The business’s revenue was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, analysts forecast that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. Welltower’s dividend payout ratio is presently 155.96%.

Welltower Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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