11,091 Shares in Welltower Inc. $WELL Purchased by Csenge Advisory Group

Csenge Advisory Group purchased a new stake in shares of Welltower Inc. (NYSE:WELL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 11,091 shares of the real estate investment trust’s stock, valued at approximately $2,517,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. West Family Investments Inc. bought a new stake in shares of Welltower during the 2nd quarter worth about $583,000. Denali Advisors LLC boosted its holdings in shares of Welltower by 1.8% in the second quarter. Denali Advisors LLC now owns 9,499 shares of the real estate investment trust’s stock valued at $2,156,000 after acquiring an additional 164 shares in the last quarter. NewEdge Wealth LLC bought a new position in shares of Welltower in the second quarter valued at approximately $46,793,000. Great Lakes Advisors LLC acquired a new position in shares of Welltower during the second quarter valued at approximately $1,470,000. Finally, Pacific Sun Financial Corp acquired a new position in shares of Welltower during the second quarter valued at approximately $1,376,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on WELL shares. Scotiabank cut their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Barclays started coverage on Welltower in a report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 target price on the stock. UBS Group upped their price target on shares of Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Finally, Wells Fargo & Company lifted their price objective on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and a consensus target price of $246.11.

Welltower Trading Up 0.1%

Shares of NYSE:WELL opened at $235.59 on Thursday. The firm has a fifty day moving average of $231.43 and a two-hundred day moving average of $215.31. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a 12-month low of $163.75 and a 12-month high of $255.20. The firm has a market capitalization of $169.80 billion, a P/E ratio of 108.07, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The company had revenue of $3.54 billion during the quarter, compared to analyst estimates of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The company’s revenue was up 39.1% compared to the same quarter last year. During the same period last year, the company posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, equities analysts expect that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th will be paid a dividend of $0.85 per share. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio (DPR) is 155.96%.

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.