Deutsche Bank AG Decreases Holdings in Welltower Inc. $WELL

Deutsche Bank AG decreased its stake in Welltower Inc. (NYSE:WELLFree Report) by 3.3% during the 2nd quarter, Holdings Channel reports. The firm owned 4,975,818 shares of the real estate investment trust’s stock after selling 168,576 shares during the quarter. Deutsche Bank AG’s holdings in Welltower were worth $1,129,361,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Leonteq Securities AG raised its position in shares of Welltower by 92.3% during the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC boosted 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 worth $27,000 after buying an additional 76 shares during the last quarter. Swiss RE Ltd. acquired a new stake in Welltower in the 4th quarter worth about $29,000. Quarry LP purchased a new stake in Welltower during the 3rd quarter worth approximately $33,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Welltower during the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.2%

WELL stock opened at $235.97 on Tuesday. The company has a market cap of $170.07 billion, a price-to-earnings ratio of 108.24, a PEG ratio of 1.13 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 Inc. has a 12 month low of $162.00 and a 12 month high of $255.20. The firm has a 50-day moving average of $230.37 and a two-hundred day moving average of $214.59.

Welltower (NYSE:WELLGet Free Report) last issued 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). The company had revenue of $3.54 billion for 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 for the quarter was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, analysts forecast that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on WELL shares. Jefferies Financial Group raised their target price on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Mizuho boosted their price target on Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. BMO Capital Markets reiterated an “outperform” rating and set a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. Scotiabank reduced their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Finally, Citigroup raised their price objective on Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a report on Friday, July 31st. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $246.11.

Read Our Latest Stock Analysis on Welltower

About Welltower

(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.

Further Reading

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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