Danske Bank A S Takes Position in Welltower Inc. $WELL

Danske Bank A S acquired a new position in Welltower Inc. (NYSE:WELL) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 378,021 shares of the real estate investment trust’s stock, valued at approximately $67,341,000. Danske Bank A S owned 0.06% of Welltower as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WELL. Vanguard Group Inc. grew its holdings in shares of Welltower by 4.7% during 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 purchasing an additional 3,991,896 shares during the period. Capital International Investors increased its position in shares of Welltower by 4.1% during 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 purchasing an additional 1,842,934 shares during the last quarter. State Street Corp raised its holdings in 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 valued at $7,348,979,000 after buying an additional 1,637,665 shares during the period. Norges Bank acquired a new position in Welltower in the second quarter valued at about $4,903,554,000. Finally, Bank of America Corp DE lifted its position in Welltower by 1.9% in the third quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust’s stock valued at $3,452,102,000 after buying an additional 367,463 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. KeyCorp lifted their price target on shares of Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. Cantor Fitzgerald upped their price objective on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Morgan Stanley upped their price objective on shares of Welltower from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Jefferies Financial Group reiterated a “buy” rating and issued a $231.00 target price on shares of Welltower in a report on Monday, December 15th. Finally, Citigroup boosted their target price on Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Welltower presently has an average rating of “Moderate Buy” and a consensus target price of $224.71.

Welltower Stock Down 1.7%

Shares of NYSE:WELL opened at $209.54 on Thursday. The firm has a market capitalization of $146.21 billion, a PE ratio of 149.68, a price-to-earnings-growth ratio of 1.46 and a beta of 0.82. Welltower Inc. has a 1 year low of $130.29 and a 1 year high of $216.43. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. The firm’s 50-day moving average is $198.78 and its two-hundred day moving average is $188.42.

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

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were paid a $0.74 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. Welltower’s payout ratio is 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.