Congress Asset Management Co. Raises Stock Holdings in Welltower Inc. $WELL

Congress Asset Management Co. increased its stake in Welltower Inc. (NYSE:WELL) by 28.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 753,330 shares of the real estate investment trust’s stock after purchasing an additional 164,708 shares during the period. Welltower makes up approximately 1.0% of Congress Asset Management Co.’s portfolio, making the stock its 22nd biggest holding. Congress Asset Management Co. owned approximately 0.11% of Welltower worth $139,826,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of WELL. CYBER HORNET ETFs LLC increased its holdings in shares of Welltower by 3.5% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock worth $282,000 after buying an additional 53 shares during the last quarter. Frank Rimerman Advisors LLC lifted its holdings in shares of Welltower by 0.6% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,774 shares of the real estate investment trust’s stock worth $1,741,000 after acquiring an additional 55 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its position in Welltower by 3.8% in the third quarter. Onyx Bridge Wealth Group LLC now owns 1,515 shares of the real estate investment trust’s stock worth $270,000 after acquiring an additional 56 shares in the last quarter. Wedmont Private Capital grew its position in Welltower by 0.6% in the fourth quarter. Wedmont Private Capital now owns 9,279 shares of the real estate investment trust’s stock worth $1,723,000 after acquiring an additional 57 shares in the last quarter. Finally, Sachetta LLC increased its stake in Welltower by 14.9% in the third quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock valued at $80,000 after acquiring an additional 58 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on WELL. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th. Royal Bank Of Canada increased 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. UBS Group set a $240.00 price objective on Welltower in a report on Thursday, February 12th. Citigroup boosted their target price on Welltower from $215.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Cantor Fitzgerald lifted their price target on shares of Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $224.71.

Welltower Trading Down 0.6%

NYSE WELL opened at $194.85 on Tuesday. The firm has a market cap of $135.96 billion, a PE ratio of 139.18, a price-to-earnings-growth ratio of 1.34 and a beta of 0.82. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $216.43. The stock has a 50-day moving average of $199.53 and a 200-day moving average of $189.23. 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 posted 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 business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.Welltower’s revenue for the quarter was up 41.3% compared to the same quarter last year. During the same period last year, the company earned $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, sell-side analysts forecast that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, February 25th. Welltower’s payout ratio is presently 211.43%.

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.