Bessemer Group Inc. Boosts Stake in Welltower Inc. $WELL

Bessemer Group Inc. increased its stake in Welltower Inc. (NYSE:WELL) by 20.3% during the first quarter, according to its most recent filing with the SEC. The fund owned 16,738 shares of the real estate investment trust’s stock after buying an additional 2,829 shares during the quarter. Bessemer Group Inc.’s holdings in Welltower were worth $3,310,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of WELL. Vanguard Group Inc. boosted its position in Welltower by 2.9% during the fourth quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock worth $17,154,349,000 after purchasing an additional 2,643,088 shares during the period. Capital International Investors increased its holdings in Welltower by 2.0% during the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock worth $8,805,411,000 after acquiring an additional 915,514 shares during the period. State Street Corp increased its stake in Welltower by 1.2% in the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock worth $7,751,134,000 after acquiring an additional 506,374 shares during the last quarter. Norges Bank bought a new position in Welltower in the 4th quarter worth about $5,466,264,000. Finally, Bank of America Corp DE grew its holdings in shares of Welltower by 5.3% during the fourth quarter. Bank of America Corp DE now owns 20,403,258 shares of the real estate investment trust’s stock worth $3,787,049,000 after purchasing an additional 1,024,668 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Scotiabank decreased their price target on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Barclays assumed coverage on shares of Welltower in a report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 price objective for the company. Jefferies Financial Group upped their target price on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $238.00 target price on shares of Welltower in a research note on Monday, June 15th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $234.72.

Welltower Trading Up 0.7%

Shares of WELL opened at $246.59 on Wednesday. Welltower Inc. has a fifty-two week low of $158.24 and a fifty-two week high of $247.45. The firm has a market cap of $174.07 billion, a price-to-earnings ratio of 122.07, a PEG ratio of 1.20 and a beta of 0.77. The firm has a 50 day moving average price of $219.89 and a 200-day moving average price of $207.69. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm’s quarterly revenue was up 38.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, equities research analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were issued a $0.74 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a dividend yield of 1.2%. Welltower’s payout ratio is currently 146.53%.

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.