Exchange Traded Concepts LLC Reduces Stock Position in Welltower Inc. $WELL

Exchange Traded Concepts LLC cut its holdings in Welltower Inc. (NYSE:WELL) by 14.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,226 shares of the real estate investment trust’s stock after selling 2,631 shares during the period. Exchange Traded Concepts LLC’s holdings in Welltower were worth $3,012,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Hager Investment Management Services LLC boosted its position 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. Quarry LP acquired a new stake in shares of Welltower during the 3rd quarter worth about $33,000. MMA Asset Management LLC purchased a new stake in Welltower during the third quarter worth approximately $35,000. Global Wealth Strategies & Associates purchased a new stake in Welltower during the third quarter worth approximately $36,000. Finally, Newbridge Financial Services Group Inc. boosted its holdings in 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 purchasing an additional 87 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Price Performance

Shares of WELL opened at $197.92 on Wednesday. Welltower Inc. has a fifty-two week low of $130.29 and a fifty-two week high of $216.43. The company has a market capitalization of $138.10 billion, a price-to-earnings ratio of 141.37, a price-to-earnings-growth ratio of 1.34 and a beta of 0.82. The firm has a 50-day simple moving average of $200.37 and a 200-day simple moving average of $190.39. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.46 and a current ratio of 3.46.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.01. The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The firm’s revenue for the quarter 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. On average, equities research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

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

Analyst Upgrades and Downgrades

WELL has been the topic of several recent analyst reports. Citigroup increased their price target on shares of Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. UBS Group set a $240.00 price objective on shares of Welltower in a research report on Thursday, February 12th. Cantor Fitzgerald upped their target price on shares of Welltower from $204.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. 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. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $205.00 price target on shares of Welltower in a research note on Thursday, December 18th. One equities research 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 given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $225.43.

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.