NewEdge Wealth LLC Acquires New Holdings in Welltower Inc. $WELL

by · The Markets Daily

NewEdge Wealth LLC bought a new position in shares of Welltower Inc. (NYSE:WELL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 206,164 shares of the real estate investment trust’s stock, valued at approximately $46,793,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Leonteq Securities AG raised its holdings in shares of Welltower by 92.3% during the first 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 period. Sound Income Strategies LLC lifted its position 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 acquiring an additional 76 shares in the last quarter. Swiss RE Ltd. acquired a new position in Welltower in the 4th quarter worth $29,000. Quarry LP acquired a new position in Welltower in the 3rd quarter worth $33,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Welltower during the 4th quarter worth about $37,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.1%

Shares of WELL stock opened at $235.59 on Thursday. 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 1 year low of $163.75 and a 1 year high of $255.20. The firm’s fifty day moving average price is $231.43 and its two-hundred day moving average price is $215.31. The firm has a market capitalization of $169.80 billion, a P/E ratio of 108.07, a PEG ratio of 1.13 and a beta of 0.76.

Welltower (NYSE:WELL – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The business 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 quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. On average, equities analysts predict that Welltower Inc. will post 6.44 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently declared 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. This represents a $3.40 annualized dividend and a yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend is Wednesday, August 12th. Welltower’s payout ratio is currently 155.96%.

Wall Street Analyst Weigh In

WELL has been the topic of several recent research reports. Wells Fargo & Company lifted their price target on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Royal Bank Of Canada lifted their target price on Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, BMO Capital Markets restated an “outperform” rating and issued a $245.00 target price on shares of Welltower in a research note on Monday, May 4th. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $246.11.

View Our Latest Research Report 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.

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