22,951 Shares in Welltower Inc. $WELL Bought by North Dakota State Investment Board

North Dakota State Investment Board acquired a new position in shares of Welltower Inc. (NYSE:WELL) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 22,951 shares of the real estate investment trust’s stock, valued at approximately $4,260,000.

Other large investors have also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC lifted its stake in Welltower by 84.4% during the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Marquette Asset Management LLC lifted its stake in Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the last quarter. Quarry LP bought a new position in Welltower during the third quarter worth $33,000. Financial Consulate Inc. bought a new position in Welltower during the fourth quarter worth $34,000. Finally, MMA Asset Management LLC bought a new position in Welltower during the third quarter worth $35,000. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Performance

WELL stock opened at $213.65 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The stock has a market capitalization of $150.82 billion, a price-to-earnings ratio of 105.77, a PEG ratio of 1.11 and a beta of 0.83. Welltower Inc. has a 1 year low of $146.50 and a 1 year high of $221.68. The stock’s fifty day moving average is $207.16 and its two-hundred day moving average is $198.58.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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% compared to the same quarter last year. During the same period last year, the business posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, research analysts predict that Welltower Inc. will post 6.28 EPS for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Wednesday, May 13th will be paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, May 13th. Welltower’s payout ratio is currently 146.53%.

Wall Street Analyst Weigh In

WELL has been the topic of several research analyst reports. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Royal Bank Of Canada raised their price objective on Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Jefferies Financial Group raised their price objective on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Citigroup raised 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, KeyCorp raised their target price on Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $229.67.

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.