ABN Amro Investment Solutions raised its stake in shares of Welltower Inc. (NYSE:WELL – Free Report) by 427.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,514 shares of the real estate investment trust’s stock after purchasing an additional 44,187 shares during the quarter. ABN Amro Investment Solutions’ holdings in Welltower were worth $9,711,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of the stock. National Pension Service raised its position in shares of Welltower by 2.1% during the third quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock worth $301,401,000 after purchasing an additional 34,532 shares during the period. B&I Capital AG grew its position in shares of 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 purchasing an additional 8,650 shares during the period. Candriam S.C.A. increased its stake in Welltower by 2.6% during the 2nd quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock worth $64,058,000 after purchasing an additional 10,584 shares in the last quarter. GDS Wealth Management raised its holdings in Welltower by 13.7% during the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock worth $11,359,000 after buying an additional 7,699 shares during the period. Finally, State Street Corp raised its holdings in Welltower by 4.6% during the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after buying an additional 1,740,196 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.
Welltower Trading Up 1.2%
Shares of Welltower stock opened at $210.71 on Friday. The stock has a market cap of $144.61 billion, a P/E ratio of 150.51, a P/E/G ratio of 1.39 and a beta of 0.85. The company has a quick ratio of 5.47, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $212.62. The business’s 50 day moving average is $189.50 and its 200-day moving average is $181.62.
Welltower Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be paid a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is 211.43%.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reissued a “neutral” rating and set a $205.00 price objective on shares of Welltower in a research report on Thursday, December 18th. Cantor Fitzgerald upped their target price on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday. KeyCorp restated an “overweight” rating on shares of Welltower in a report on Wednesday. Scotiabank upped their price objective on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research report on Thursday, November 13th. Finally, UBS Group set a $240.00 target price on Welltower in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $210.21.
View Our Latest Report on WELL
Welltower 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.
Featured Articles
- Five stocks we like better than Welltower
- Your Bank Account Is No Longer Safe
- Nvidia CEO Issues Bold Tesla Call
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.
