Welltower Inc. $WELL Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund reduced its position in Welltower Inc. (NYSE:WELL) by 34.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 9,825 shares of the real estate investment trust’s stock after selling 5,102 shares during the period. Illinois Municipal Retirement Fund’s holdings in Welltower were worth $1,750,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Frank Rimerman Advisors LLC increased its stake in Welltower by 0.6% in the third quarter. Frank Rimerman Advisors LLC now owns 9,774 shares of the real estate investment trust’s stock valued at $1,741,000 after purchasing an additional 55 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its holdings in Welltower by 3.8% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 1,515 shares of the real estate investment trust’s stock valued at $270,000 after buying an additional 56 shares during the period. Sachetta LLC grew its holdings in Welltower by 14.9% in the 3rd quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock valued at $80,000 after buying an additional 58 shares during the period. PDS Planning Inc increased its stake in shares of Welltower by 1.4% during the 3rd quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock valued at $771,000 after acquiring an additional 59 shares during the last quarter. Finally, Modera Wealth Management LLC lifted its holdings in shares of Welltower by 3.4% during the 3rd quarter. Modera Wealth Management LLC now owns 1,807 shares of the real estate investment trust’s stock worth $322,000 after acquiring an additional 60 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

WELL has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of Welltower from a “hold” rating to a “sell” rating in a report on Saturday. Jefferies Financial Group reissued a “buy” rating and set a $231.00 price objective on shares of Welltower in a research note on Monday, December 15th. Cantor Fitzgerald increased their target price on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. UBS Group set a $240.00 target price on Welltower in a report on Thursday. Finally, Morgan Stanley upped their price target on Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $210.21.

Welltower Stock Performance

NYSE:WELL opened at $210.71 on Tuesday. The firm’s fifty day simple moving average is $189.69 and its 200 day simple moving average is $182.04. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. Welltower Inc. has a twelve month low of $130.29 and a twelve month high of $212.62. The firm has a market capitalization of $147.02 billion, a price-to-earnings ratio of 150.51, a PEG ratio of 1.42 and a beta of 0.85.

Welltower (NYSE:WELL) last announced its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same period in the previous year, the company earned $1.13 earnings per share. The company’s revenue for the quarter was up 41.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. As a group, equities research analysts expect that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, February 25th. Welltower’s dividend payout ratio is 211.43%.

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.