Russell Investments Group Ltd. Sells 667,625 Shares of Welltower Inc. $WELL

Russell Investments Group Ltd. reduced its position in Welltower Inc. (NYSE:WELL) by 19.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,713,841 shares of the real estate investment trust’s stock after selling 667,625 shares during the quarter. Welltower makes up about 0.5% of Russell Investments Group Ltd.’s holdings, making the stock its 16th biggest holding. Russell Investments Group Ltd.’s holdings in Welltower were worth $503,990,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Hager Investment Management Services LLC boosted its holdings in Welltower by 84.4% in the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Marquette Asset Management LLC boosted its holdings in Welltower by 62.8% in the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares during the period. Swiss RE Ltd. bought a new position in Welltower in the 4th quarter valued at $29,000. Quarry LP bought a new position in Welltower in the 3rd quarter valued at $33,000. Finally, Financial Consulate Inc. bought a new position in Welltower in the 4th quarter valued at $34,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Performance

NYSE WELL opened at $213.82 on Wednesday. Welltower Inc. has a 52-week low of $148.97 and a 52-week high of $221.68. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The company has a market capitalization of $150.94 billion, a P/E ratio of 105.85, a P/E/G ratio of 1.10 and a beta of 0.79. The company has a fifty day moving average of $210.41 and a 200-day moving average of $201.40.

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

Welltower Announces Dividend

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 dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is currently 146.53%.

Wall Street Analyst Weigh In

WELL has been the subject of several analyst reports. Weiss Ratings raised shares of Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. KeyCorp raised their price target on shares of Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. Wells Fargo & Company raised their price target on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Scotiabank boosted their price objective on Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $231.25.

Welltower Company 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.