Welltower Inc. $WELL Shares Bought by Geode Capital Management LLC

by · The Cerbat Gem

Geode Capital Management LLC raised its position in Welltower Inc. (NYSE:WELL – Free Report) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,007,371 shares of the real estate investment trust’s stock after acquiring an additional 774,692 shares during the quarter. Geode Capital Management LLC’s holdings in Welltower were worth $3,155,047,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. National Pension Service grew its position in Welltower by 2.1% in the 3rd quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock valued at $301,401,000 after acquiring an additional 34,532 shares in the last quarter. B&I Capital AG grew its position in Welltower by 5.7% in the 3rd quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock valued at $28,759,000 after acquiring an additional 8,650 shares in the last quarter. New York Life Investment Management LLC grew its position in Welltower by 4.3% in the 3rd quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock valued at $17,345,000 after acquiring an additional 4,019 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in Welltower in the 3rd quarter valued at about $1,781,000. Finally, Benchmark Investment Advisors LLC acquired a new position in Welltower in the 3rd quarter valued at about $901,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on WELL shares. Scotiabank lifted their price objective on Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. UBS Group lifted their price objective on Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Morgan Stanley lifted their price objective on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Wells Fargo & Company lifted their price objective on Welltower from $218.00 to $228.00 and gave the company an “overweight” rating in a research note on Thursday, March 26th. Finally, Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $231.00.

Get Our Latest Stock Report on WELL

Welltower Trading Down 1.6%

NYSE:WELL opened at $214.69 on Thursday. The stock’s 50 day simple moving average is $208.67 and its 200-day simple moving average is $200.47. Welltower Inc. has a 12-month low of $148.60 and a 12-month high of $221.68. The firm has a market cap of $151.55 billion, a P/E ratio of 106.28, a PEG ratio of 1.13 and a beta of 0.83. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40.

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

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were issued a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.

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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