Strs Ohio grew its holdings in shares of Welltower Inc. (NYSE:WELL – Free Report) by 0.7% during the first quarter, Holdings Channel reports. The firm owned 725,242 shares of the real estate investment trust’s stock after purchasing an additional 4,918 shares during the quarter. Welltower comprises about 0.6% of Strs Ohio’s holdings, making the stock its 22nd largest position. Strs Ohio’s holdings in Welltower were worth $143,388,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its stake in 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 buying an additional 279 shares during the period. Empowered Funds LLC lifted its holdings in Welltower by 31.7% during the 1st quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock worth $2,266,000 after buying an additional 3,564 shares in the last quarter. Sivia Capital Partners LLC boosted its position in 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 valued at $294,000 after buying an additional 127 shares during the period. Baird Financial Group Inc. boosted its position in Welltower by 7.3% in the 2nd quarter. Baird Financial Group Inc. now owns 10,871 shares of the real estate investment trust’s stock valued at $1,671,000 after buying an additional 735 shares during the period. Finally, NewEdge Advisors LLC grew its stake in shares of Welltower by 27.0% in the second quarter. NewEdge Advisors LLC now owns 12,435 shares of the real estate investment trust’s stock worth $1,912,000 after acquiring an additional 2,641 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on WELL shares. Mizuho set a $239.00 price objective on Welltower in a research report on Friday, May 22nd. Weiss Ratings cut Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft boosted their target price on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday. Wells Fargo & Company increased their price target on Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. Thirteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $232.29.
Welltower Trading Up 2.5%
NYSE WELL opened at $235.84 on Friday. Welltower Inc. has a 52 week low of $150.20 and a 52 week high of $236.06. The firm has a 50 day moving average of $213.45 and a two-hundred day moving average of $203.18. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $166.48 billion, a PE ratio of 116.75, a price-to-earnings-growth ratio of 1.19 and a beta of 0.77.
Welltower (NYSE:WELL – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.34. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The company’s revenue was up 38.3% on a year-over-year basis. During the same period last year, the business earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. As a group, research analysts expect that Welltower Inc. will post 6.32 EPS for the current fiscal year.
Welltower Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were paid a $0.74 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 dividend on an annualized basis and a yield of 1.3%. Welltower’s dividend payout ratio (DPR) is currently 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.
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