Welltower Inc. $WELL is Lasalle Investment Management Securities LLC’s 2nd Largest Position

Lasalle Investment Management Securities LLC cut its stake in shares of Welltower Inc. (NYSE:WELL) by 4.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,140,399 shares of the real estate investment trust’s stock after selling 52,888 shares during the period. Welltower makes up 8.5% of Lasalle Investment Management Securities LLC’s investment portfolio, making the stock its 2nd biggest holding. Lasalle Investment Management Securities LLC owned 0.17% of Welltower worth $211,669,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WELL. Hager Investment Management Services LLC raised its stake in Welltower by 84.4% during 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 acquiring an additional 65 shares during the last quarter. Marquette Asset Management LLC raised its stake in Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 59 shares during the last quarter. Quarry LP purchased a new stake in Welltower during the 3rd quarter valued at approximately $33,000. Financial Consulate Inc. purchased a new stake in Welltower during the 4th quarter valued at approximately $34,000. Finally, MMA Asset Management LLC purchased a new stake in Welltower during the 3rd quarter valued at approximately $35,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on WELL. UBS Group boosted their target price on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 15th. Wells Fargo & Company boosted their target price on Welltower from $218.00 to $228.00 and gave the stock an “overweight” rating in a research report on Thursday, March 26th. KeyCorp boosted their target price on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. Finally, Mizuho set a $239.00 target price on Welltower in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $231.00.

Welltower Stock Performance

NYSE WELL opened at $206.11 on Monday. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average is $208.54 and its two-hundred day moving average is $200.71. Welltower Inc. has a 12-month low of $148.60 and a 12-month high of $221.68. The stock has a market capitalization of $145.49 billion, a price-to-earnings ratio of 102.03, a PEG ratio of 1.06 and a beta of 0.79.

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

Welltower Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

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.