Welltower Inc. $WELL Shares Sold by DLD Asset Management LP

DLD Asset Management LP cut its position in shares of Welltower Inc. (NYSE:WELL) by 27.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,795 shares of the real estate investment trust’s stock after selling 24,155 shares during the period. Welltower accounts for 0.1% of DLD Asset Management LP’s holdings, making the stock its 21st biggest position. DLD Asset Management LP’s holdings in Welltower were worth $11,364,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WELL. Hager Investment Management Services LLC boosted its stake in shares of Welltower by 84.4% during the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 65 shares in the last quarter. MMA Asset Management LLC purchased a new position in shares of Welltower in the 3rd quarter valued at about $35,000. Global Wealth Strategies & Associates acquired a new position in Welltower in the 3rd quarter worth about $36,000. Y.D. More Investments Ltd raised its holdings in Welltower by 585.7% in the 3rd quarter. Y.D. More Investments Ltd now owns 288 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 246 shares during the period. Finally, Collier Financial purchased a new position in Welltower during the third quarter worth approximately $54,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

NYSE:WELL opened at $204.09 on Monday. Welltower Inc. has a one year low of $130.29 and a one year high of $216.43. The stock has a market cap of $142.40 billion, a PE ratio of 145.78, a P/E/G ratio of 1.39 and a beta of 0.82. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46. The stock has a 50 day moving average price of $195.27 and a 200 day moving average price of $186.22.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, topping 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 in the previous year, the company posted $1.13 earnings per share. The firm’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. Equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be issued 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 1.5%. Welltower’s dividend payout ratio is currently 211.43%.

Analysts Set New Price Targets

A number of analysts have recently commented on WELL shares. Royal Bank Of Canada boosted their price objective on Welltower from $207.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Wells Fargo & Company increased their target price on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. 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 note on Tuesday, February 24th. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Finally, Wall Street Zen cut shares of Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and an average target price of $224.71.

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.