Public Employees Retirement System of Ohio Sells 149,580 Shares of Welltower Inc. $WELL

Public Employees Retirement System of Ohio decreased its position in Welltower Inc. (NYSE:WELL) by 12.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,068,639 shares of the real estate investment trust’s stock after selling 149,580 shares during the quarter. Welltower accounts for 0.7% of Public Employees Retirement System of Ohio’s portfolio, making the stock its 20th largest position. Public Employees Retirement System of Ohio’s holdings in Welltower were worth $211,281,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in Welltower during the fourth quarter valued at approximately $5,466,264,000. Cardano Risk Management B.V. lifted its holdings in shares of Welltower by 955.3% in the 4th quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock worth $1,765,808,000 after acquiring an additional 8,612,016 shares during the last quarter. Capital World Investors boosted its stake in shares of Welltower by 153.0% in the 4th quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after purchasing an additional 6,497,258 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Welltower by 2.9% in the 4th quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock valued at $17,154,349,000 after purchasing an additional 2,643,088 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Welltower by 11.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,826,035 shares of the real estate investment trust’s stock valued at $3,123,082,000 after purchasing an additional 1,734,922 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WELL. UBS Group lifted their target price on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Royal Bank Of Canada restated an “outperform” rating and set a $238.00 price target on shares of Welltower in a research report on Monday, June 15th. Jefferies Financial Group raised their price objective on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Citigroup boosted their target price on Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, BMO Capital Markets restated an “outperform” rating and set a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $235.89.

Welltower Trading Up 0.9%

NYSE:WELL opened at $247.19 on Friday. The company has a fifty day moving average of $220.98 and a 200 day moving average of $208.54. Welltower Inc. has a 52 week low of $158.24 and a 52 week high of $250.12. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $174.49 billion, a P/E ratio of 122.37, a P/E/G ratio of 1.20 and a beta of 0.77.

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

Welltower Dividend Announcement

The company also recently announced 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 1.2%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.

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.