Gundlach Andrew purchased $2.4M of WELL (indirect holdings)

Welltower Inc. acquired five nursing and rehabilitation centers in Florida for $208.2M. The properties range from $19.1M to $58.7M. Welltower operates 3,000+ senior housing communities. Florida's senior housing market saw 3.8% rent growth and $975M in sales in Q2, per Colliers.

Mizuho reiterated Welltower (WELL) as its top REIT pick, citing strong senior housing demand, improving margins, and an expanding acquisition pipeline. Welltower's Q3 FFO beat estimates at $1.67 per share, up 25% YoY, leading to raised full-year guidance. Mizuho maintained an 'outperform' rating and $260 price target, highlighting growth potential despite economic challenges. Senior housing occupancy rose to over 90%, and the company is expanding in skilled nursing and the UK.

Welltower (WELL) was upgraded to Buy from Hold with a raised price target to $255.00. Q3 normalized FFO per diluted share rose 24.6% YoY to $1.67, exceeding estimates. 2026 guidance increased to $6.47-$6.53, driven by SHO portfolio performance and investment activity.

Welltower (WELL) was upgraded to Buy from Hold with a price target increase to $255.00 from $250.00 by Freedom Broker following Q3 results. The healthcare REIT reported an increase in normalized funds from operations per diluted share.

Welltower (WELL) stock fell 5.8% on October 27, 2026, after reporting Q3 results. Net income was $0.54 per share, missing estimates, while revenue exceeded expectations at $3.72B. Normalized FFO per share rose 24.6% YoY to $1.67, beating estimates. The company raised its full-year outlook midpoint to $6.50 per share. Peers also declined, with Ventas falling 4.7%. WELL stock is up 29.3% over the past year.

WELL Health Technologies Corp. received a No Action Letter from the Competition Bureau for its acquisition of a controlling stake in HEALWELL, including HEALWELL's Orion Health deal. This removes a regulatory overhang for the 2025 transaction, according to the company.