Azzad Asset Management Inc. ADV Grows Stock Position in Welltower Inc. $WELL

Azzad Asset Management Inc. ADV lifted its stake in Welltower Inc. (NYSE:WELLFree Report) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,429 shares of the real estate investment trust’s stock after purchasing an additional 5,217 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Welltower were worth $6,019,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CYBER HORNET ETFs LLC boosted its holdings in Welltower by 3.5% in the third quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock valued at $282,000 after purchasing an additional 53 shares during the period. Frank Rimerman Advisors LLC boosted its holdings in Welltower by 0.6% in the third quarter. Frank Rimerman Advisors LLC now owns 9,774 shares of the real estate investment trust’s stock valued at $1,741,000 after purchasing an additional 55 shares during the period. Onyx Bridge Wealth Group LLC boosted its holdings 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 valued at $270,000 after purchasing an additional 56 shares during the period. Wedmont Private Capital boosted its holdings 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 valued at $1,723,000 after purchasing an additional 57 shares during the period. Finally, Sachetta LLC boosted its holdings 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 purchasing an additional 58 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. UBS Group set a $240.00 target price on Welltower in a report on Thursday, February 12th. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Scotiabank lifted their price target on Welltower from $214.00 to $236.00 and gave the stock a “sector outperform” rating in a report on Monday, March 2nd. Royal Bank Of Canada lifted their price target on Welltower from $207.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Finally, KeyCorp lifted their price target on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and an average target price of $225.43.

Read Our Latest Report on WELL

Welltower Stock Down 0.7%

Welltower stock opened at $200.97 on Tuesday. Welltower Inc. has a fifty-two week low of $130.29 and a fifty-two week high of $216.43. 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 company has a market capitalization of $140.23 billion, a P/E ratio of 143.55, a PEG ratio of 1.38 and a beta of 0.83. The stock has a 50-day simple moving average of $201.76 and a 200-day simple moving average of $191.37.

Welltower (NYSE:WELLGet Free Report) last posted its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, beating 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 business’s quarterly revenue was up 41.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Equities research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently announced 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 dividend on an annualized basis 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%.

Welltower Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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