Welltower Inc. $WELL Shares Bought by TD Waterhouse Canada Inc.
by Tristan Rich · The Markets DailyTD Waterhouse Canada Inc. lifted its position in Welltower Inc. (NYSE:WELL – Free Report) by 303.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 7,392 shares of the real estate investment trust’s stock after acquiring an additional 5,562 shares during the period. TD Waterhouse Canada Inc.’s holdings in Welltower were worth $1,371,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Welltower by 4.7% in the 3rd quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock worth $15,993,121,000 after acquiring an additional 3,991,896 shares in the last quarter. Capital International Investors grew its position in shares of Welltower by 4.1% in the 3rd quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock worth $8,285,296,000 after acquiring an additional 1,842,934 shares in the last quarter. State Street Corp grew its position in shares of Welltower by 4.1% in the 3rd quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock worth $7,348,979,000 after acquiring an additional 1,637,665 shares in the last quarter. Bank of America Corp DE grew its position in shares of Welltower by 1.9% in the 3rd quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust’s stock worth $3,452,102,000 after acquiring an additional 367,463 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Welltower by 3.2% in the 3rd quarter. Northern Trust Corp now owns 9,106,068 shares of the real estate investment trust’s stock worth $1,622,155,000 after acquiring an additional 282,881 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.
Welltower Trading Up 4.3%
Shares of NYSE WELL opened at $208.37 on Friday. The company has a market cap of $146.81 billion, a price-to-earnings ratio of 148.84, a price-to-earnings-growth ratio of 1.37 and a beta of 0.83. Welltower Inc. has a 12-month low of $142.65 and a 12-month high of $216.43. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. The stock’s 50 day simple moving average is $205.63 and its 200 day simple moving average is $194.19.
Welltower (NYSE:WELL – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.01. The business had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The business’s revenue was up 41.3% on a year-over-year basis. During the same quarter last year, the business posted $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Equities research analysts expect that Welltower Inc. will post 6.24 EPS for the current year.
Welltower Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were paid a dividend of $0.74 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $2.96 annualized dividend and a yield of 1.4%. Welltower’s payout ratio is presently 211.43%.
Analyst Ratings Changes
Several brokerages have recently commented on WELL. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. UBS Group set a $240.00 target price on Welltower in a research report on Thursday, February 12th. Cantor Fitzgerald lifted their target price on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Royal Bank Of Canada lifted their target price on Welltower from $207.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Finally, Wall Street Zen lowered Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $225.43.
Read Our Latest Stock Analysis on WELL
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.
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