Teacher Retirement System of Texas Has $54.32 Million Holdings in Welltower Inc. $WELL

Teacher Retirement System of Texas raised its stake in Welltower Inc. (NYSE:WELL) by 31.5% during the third quarter, HoldingsChannel.com reports. The fund owned 304,937 shares of the real estate investment trust’s stock after acquiring an additional 73,002 shares during the quarter. Teacher Retirement System of Texas’ holdings in Welltower were worth $54,321,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Welltower by 7.1% during the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock worth $527,000 after purchasing an additional 279 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Welltower by 31.7% in the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock valued at $2,266,000 after acquiring an additional 3,564 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Welltower by 7.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock worth $294,000 after acquiring an additional 127 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Welltower by 8.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 22,754 shares of the real estate investment trust’s stock valued at $3,498,000 after purchasing an additional 1,690 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Welltower by 37.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 7,137 shares of the real estate investment trust’s stock valued at $1,097,000 after purchasing an additional 1,928 shares during the last quarter. 94.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on WELL. JPMorgan Chase & Co. restated a “neutral” rating and set a $205.00 target price on shares of Welltower in a report on Thursday, December 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a research report on Monday, December 29th. Jefferies Financial Group restated a “buy” rating and issued a $231.00 price objective on shares of Welltower in a research report on Monday, December 15th. National Bankshares set a $246.00 target price on shares of Welltower in a research note on Friday, October 17th. Finally, Wall Street Zen cut shares of Welltower from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $204.80.

Welltower Stock Down 2.2%

Shares of Welltower stock opened at $181.95 on Friday. The business has a fifty day simple moving average of $192.44 and a 200 day simple moving average of $177.60. The stock has a market cap of $124.88 billion, a PE ratio of 125.48, a price-to-earnings-growth ratio of 1.34 and a beta of 0.86. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 12 month low of $130.29 and a 12 month high of $209.05.

Welltower (NYSE:WELL) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The company’s revenue was up 30.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Research analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were issued a dividend of $0.74 per share. The ex-dividend date was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. Welltower’s payout ratio is currently 204.14%.

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.