Citigroup Inc. Trims Stock Position in Welltower Inc. $WELL

Citigroup Inc. cut its holdings in Welltower Inc. (NYSE:WELL) by 24.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 630,535 shares of the real estate investment trust’s stock after selling 201,008 shares during the quarter. Citigroup Inc. owned approximately 0.09% of Welltower worth $112,324,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. MMA Asset Management LLC acquired a new stake in Welltower during the 3rd quarter valued at $35,000. Global Wealth Strategies & Associates acquired a new position in shares of Welltower in the third quarter worth $36,000. Newbridge Financial Services Group Inc. lifted its position in shares of Welltower by 39.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 87 shares in the last quarter. Y.D. More Investments Ltd boosted its stake in shares of Welltower by 585.7% during the third quarter. Y.D. More Investments Ltd now owns 288 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 246 shares during the last quarter. Finally, Collier Financial acquired a new stake in shares of Welltower during the third quarter valued at $54,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Up 0.1%

Shares of Welltower stock opened at $208.13 on Monday. 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 Inc. has a twelve month low of $130.29 and a twelve month high of $216.43. The stock has a market cap of $145.22 billion, a price-to-earnings ratio of 148.67, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85. The company has a fifty day moving average price of $191.34 and a 200 day moving average price of $183.22.

Welltower (NYSE:WELL) last released 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 firm had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $2.93 billion. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The firm’s quarterly revenue was up 41.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Equities research analysts forecast that Welltower Inc. will post 4.88 earnings per share for the current fiscal 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 dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is 211.43%.

Analyst Ratings Changes

WELL has been the subject of several recent analyst reports. Wall Street Zen cut shares of Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. JPMorgan Chase & Co. restated a “neutral” rating and set a $205.00 price objective on shares of Welltower in a report on Thursday, December 18th. KeyCorp restated an “overweight” rating on shares of Welltower in a report on Wednesday, February 11th. Loop Capital set a $196.00 target price on Welltower in a report on Wednesday, October 29th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $231.00 price target on shares of Welltower in a research report on Monday, December 15th. 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 issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $211.50.

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.