Welltower Inc. $WELL Shares Sold by Boothbay Fund Management LLC

Boothbay Fund Management LLC cut its holdings in shares of Welltower Inc. (NYSE:WELL) by 34.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,890 shares of the real estate investment trust’s stock after selling 14,374 shares during the period. Boothbay Fund Management LLC’s holdings in Welltower were worth $4,968,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Norges Bank acquired a new stake in Welltower during the 2nd quarter worth $4,903,554,000. Vanguard Group Inc. increased its stake in Welltower by 4.7% in the third quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust’s stock valued at $15,993,121,000 after purchasing an additional 3,991,896 shares during the period. Capital World Investors increased its stake in Welltower by 167.2% in the third quarter. Capital World Investors now owns 4,247,262 shares of the real estate investment trust’s stock valued at $756,607,000 after purchasing an additional 2,657,766 shares during the period. Capital International Investors raised its holdings in shares of Welltower by 4.1% in the third quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust’s stock valued at $8,285,296,000 after buying an additional 1,842,934 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Welltower by 4.6% during the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after buying an additional 1,740,196 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on WELL. Jefferies Financial Group restated a “buy” rating and issued a $231.00 price target on shares of Welltower in a research report on Monday, December 15th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Cantor Fitzgerald lifted their target price on Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Wells Fargo & Company boosted their target price on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Finally, UBS Group set a $240.00 price target on Welltower in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and a consensus price target of $224.71.

Welltower Trading Up 0.8%

Shares of Welltower stock opened at $207.88 on Monday. Welltower Inc. has a 52-week low of $130.29 and a 52-week high of $216.43. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. The company’s 50-day simple moving average is $197.25 and its 200-day simple moving average is $187.66. The firm has a market cap of $145.05 billion, a price-to-earnings ratio of 148.48, a price-to-earnings-growth ratio of 1.42 and a beta of 0.82.

Welltower (NYSE:WELL) last announced 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 net margin of 8.64% and a return on equity of 2.46%. The firm had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter last year, the firm earned $1.13 earnings per share. The firm’s revenue was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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