Oregon Public Employees Retirement Fund Acquires 1,300 Shares of Welltower Inc. $WELL

Oregon Public Employees Retirement Fund boosted its holdings in shares of Welltower Inc. (NYSE:WELL) by 2.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,650 shares of the real estate investment trust’s stock after acquiring an additional 1,300 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Welltower were worth $8,248,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in WELL. Nuveen LLC bought a new stake in Welltower during the 1st quarter worth approximately $762,204,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Welltower by 41.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,923,852 shares of the real estate investment trust’s stock valued at $1,367,226,000 after purchasing an additional 2,622,384 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Welltower by 14.0% in the 1st quarter. Wellington Management Group LLP now owns 21,289,684 shares of the real estate investment trust’s stock valued at $3,261,792,000 after purchasing an additional 2,614,562 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its stake in shares of Welltower by 55.6% in the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock valued at $461,660,000 after purchasing an additional 1,076,293 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Welltower by 65.2% in the 1st quarter. Ameriprise Financial Inc. now owns 2,648,557 shares of the real estate investment trust’s stock valued at $399,314,000 after purchasing an additional 1,045,507 shares during the last quarter. 94.80% of the stock is owned by institutional investors.

Welltower Stock Down 0.9%

Welltower stock opened at $165.84 on Monday. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. Welltower Inc. has a 12-month low of $123.11 and a 12-month high of $180.40. The firm’s fifty day moving average is $168.59 and its 200 day moving average is $157.48. The company has a market capitalization of $110.92 billion, a PE ratio of 93.70, a PEG ratio of 1.87 and a beta of 0.92.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the prior year, the company posted $1.05 earnings per share. The business’s revenue was up 39.6% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. As a group, sell-side analysts predict that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were issued a dividend of $0.74 per share. The ex-dividend date was Tuesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 annualized dividend and a yield of 1.8%. Welltower’s dividend payout ratio is currently 167.23%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on WELL. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Welltower in a research note on Wednesday, October 8th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Cantor Fitzgerald began coverage on shares of Welltower in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $195.00 price objective on the stock. Evercore ISI upped their price objective on shares of Welltower from $175.00 to $183.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Finally, UBS Group began coverage on shares of Welltower in a research note on Friday, September 19th. They issued a “buy” rating and a $195.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.69.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.