APG Asset Management US Inc. Boosts Holdings in Welltower Inc. $WELL

APG Asset Management US Inc. increased its position in shares of Welltower Inc. (NYSE:WELL) by 4.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,592,764 shares of the real estate investment trust’s stock after buying an additional 71,080 shares during the quarter. Welltower comprises approximately 2.1% of APG Asset Management US Inc.’s portfolio, making the stock its 15th largest position. APG Asset Management US Inc. owned about 0.23% of Welltower worth $285,710,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake 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 valued at $15,993,121,000 after purchasing an additional 3,991,896 shares during the last quarter. State Street Corp raised its holdings in Welltower by 4.6% in the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after buying an additional 1,740,196 shares during the period. Norges Bank purchased a new stake in Welltower in the 2nd quarter valued at about $4,903,554,000. Geode Capital Management LLC lifted its position in Welltower by 5.1% in the second quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock valued at $2,303,484,000 after buying an additional 723,887 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Welltower by 1.9% during the second quarter. JPMorgan Chase & Co. now owns 7,898,391 shares of the real estate investment trust’s stock worth $1,214,232,000 after buying an additional 149,724 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on WELL shares. Royal Bank Of Canada boosted their price target on shares of Welltower from $207.00 to $230.00 and gave the company an “outperform” rating in a research note on Tuesday. Cantor Fitzgerald lifted their target price on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. UBS Group set a $240.00 price target on Welltower in a research note on Thursday, February 12th. Citigroup raised their price target on Welltower from $215.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $218.79.

Welltower Trading Down 0.5%

NYSE:WELL opened at $207.40 on Friday. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $216.43. The firm has a market cap of $144.71 billion, a PE ratio of 148.15, a price-to-earnings-growth ratio of 1.43 and a beta of 0.85. 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 has a fifty day moving average price of $193.31 and a 200 day moving average price of $184.54.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same quarter last year, the company earned $1.13 EPS. Welltower’s revenue for the quarter was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Sell-side analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be given a $0.74 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio is currently 211.43%.

About Welltower

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.