Alliancebernstein L.P. Buys 2,585 Shares of Welltower Inc. $WELL

Alliancebernstein L.P. boosted its stake in Welltower Inc. (NYSE:WELL) by 0.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,292,726 shares of the real estate investment trust’s stock after buying an additional 2,585 shares during the quarter. Alliancebernstein L.P. owned approximately 0.19% of Welltower worth $230,286,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of WELL. Hager Investment Management Services LLC boosted its position in Welltower by 84.4% in the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. MMA Asset Management LLC purchased a new stake in shares of Welltower during the 3rd quarter valued at $35,000. Global Wealth Strategies & Associates bought a new stake in shares of Welltower during the 3rd quarter worth $36,000. Y.D. More Investments Ltd raised its stake in shares of Welltower by 585.7% during 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 stake in Welltower during the third quarter worth about $54,000. 94.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on WELL shares. KeyCorp increased their target price 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. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Cantor Fitzgerald upped their price objective on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Morgan Stanley increased their price objective on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Finally, Wells Fargo & Company raised their target price on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. One investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $224.71.

Welltower Price Performance

Welltower stock opened at $207.88 on Monday. The business has a fifty day moving average price of $197.25 and a 200-day moving average price of $187.66. The firm has a market capitalization of $145.05 billion, a P/E ratio of 148.48, a PEG ratio of 1.42 and a beta of 0.82. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.46 and a quick ratio of 3.46. Welltower Inc. has a one year low of $130.29 and a one year high of $216.43.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping the consensus estimate of $1.44 by $0.01. The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The firm’s revenue was up 41.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, equities research analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is presently 211.43%.

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.