Denali Advisors LLC Sells 5,181 Shares of Welltower Inc. $WELL

Denali Advisors LLC reduced its holdings in Welltower Inc. (NYSE:WELL) by 36.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,215 shares of the real estate investment trust’s stock after selling 5,181 shares during the quarter. Denali Advisors LLC’s holdings in Welltower were worth $1,642,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in WELL. National Pension Service raised its position in 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 acquiring an additional 34,532 shares in the last quarter. 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 acquiring an additional 8,650 shares during the period. Candriam S.C.A. increased its stake in shares of 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 during the last quarter. GDS Wealth Management raised its holdings in shares of Welltower by 13.7% in the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock valued at $11,359,000 after purchasing an additional 7,699 shares during the period. Finally, State Street Corp lifted its stake 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 purchasing an additional 1,740,196 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE:WELL opened at $210.71 on Tuesday. The stock has a 50 day simple moving average of $189.69 and a 200 day simple moving average of $182.04. The stock has a market cap of $147.02 billion, a P/E ratio of 150.51, a PEG ratio of 1.42 and a beta of 0.85. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $212.62. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 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 firm had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same period in the prior year, the firm posted $1.13 EPS. The company’s revenue for the quarter was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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

Analyst Upgrades and Downgrades

WELL has been the topic of a number of recent analyst reports. Loop Capital set a $196.00 price target on Welltower in a research report on Wednesday, October 29th. Cantor Fitzgerald lifted their target price on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Wall Street Zen lowered Welltower from a “hold” rating to a “sell” rating in a report on Saturday. Morgan Stanley raised their price target on Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Finally, KeyCorp reiterated an “overweight” rating on shares of Welltower in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $210.21.

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.