UniSuper Management Pty Ltd Purchases 14,655 Shares of Welltower Inc. $WELL

UniSuper Management Pty Ltd lifted its position in Welltower Inc. (NYSE:WELL) by 3.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 424,331 shares of the real estate investment trust’s stock after acquiring an additional 14,655 shares during the period. UniSuper Management Pty Ltd’s holdings in Welltower were worth $75,590,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Emergent Wealth Advisors LLC lifted its position in Welltower by 10.2% in the 3rd quarter. Emergent Wealth Advisors LLC now owns 8,185 shares of the real estate investment trust’s stock valued at $1,458,000 after acquiring an additional 759 shares in the last quarter. Westfuller Advisors LLC purchased a new position in shares of Welltower in the third quarter worth $190,000. Teacher Retirement System of Texas lifted its holdings in shares of Welltower by 31.5% during the third quarter. Teacher Retirement System of Texas now owns 304,937 shares of the real estate investment trust’s stock valued at $54,321,000 after purchasing an additional 73,002 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Welltower by 3.4% during the third quarter. Parkside Financial Bank & Trust now owns 1,928 shares of the real estate investment trust’s stock valued at $343,000 after buying an additional 63 shares during the last quarter. Finally, Facet Wealth Inc. increased its holdings in Welltower by 9.7% in the 3rd quarter. Facet Wealth Inc. now owns 1,403 shares of the real estate investment trust’s stock worth $250,000 after buying an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Wells Fargo & Company upped their target price on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Loop Capital set a $196.00 target price on shares of Welltower in a research report on Wednesday, October 29th. Jefferies Financial Group reiterated a “buy” rating and set a $231.00 target price on shares of Welltower in a research note on Monday, December 15th. Cantor Fitzgerald reissued an “overweight” rating and set a $204.00 price target on shares of Welltower in a report on Monday, January 5th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus price target of $204.80.

Welltower Stock Up 0.9%

WELL opened at $183.56 on Friday. The firm’s 50 day simple moving average is $192.23 and its two-hundred day simple moving average is $177.81. The company has a market capitalization of $125.98 billion, a PE ratio of 126.60, a PEG ratio of 1.26 and a beta of 0.86. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $209.05. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. The company 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%.Welltower’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same period last year, the firm earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities analysts forecast 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. Stockholders of record on Tuesday, November 11th were paid a $0.74 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s dividend payout ratio is 204.14%.

About Welltower

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.