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, Holdings Channel reports. The institutional investor 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 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Welltower by 7.1% during the 4th quarter. Brighton Jones LLC now owns 4,185 shares of the real estate investment trust’s stock valued at $527,000 after acquiring an additional 279 shares in the last quarter. Empowered Funds LLC boosted its holdings in Welltower by 31.7% in the first quarter. Empowered Funds LLC now owns 14,790 shares of the real estate investment trust’s stock worth $2,266,000 after purchasing an additional 3,564 shares during the period. Sivia Capital Partners LLC increased its stake in Welltower by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 1,910 shares of the real estate investment trust’s stock valued at $294,000 after purchasing an additional 127 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Welltower by 1.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 52,915 shares of the real estate investment trust’s stock worth $8,022,000 after purchasing an additional 790 shares during the period. Finally, Private Trust Co. NA lifted its position in shares of Welltower by 135.8% in the 2nd quarter. Private Trust Co. NA now owns 929 shares of the real estate investment trust’s stock worth $143,000 after buying an additional 535 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

WELL has been the subject of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. Wall Street Zen downgraded Welltower from a “hold” rating to a “sell” rating in a research note on Saturday. Morgan Stanley increased their price target on Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Jefferies Financial Group restated a “buy” rating and set a $231.00 price objective on shares of Welltower in a research report on Monday, December 15th. Finally, Scotiabank upped their price objective on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average target price of $210.21.

Welltower Stock Performance

WELL opened at $210.71 on Tuesday. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average is $189.69 and its 200-day moving average is $182.04. The stock has a market cap of $147.02 billion, a PE ratio of 150.51, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85. Welltower Inc. has a twelve month low of $130.29 and a twelve month high of $212.62.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, beating the consensus estimate of $1.44 by $0.01. The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The firm’s revenue was up 41.3% compared to the same quarter last year. During the same period last year, the firm earned $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, analysts predict that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be issued 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 of this dividend is Wednesday, February 25th. Welltower’s dividend payout ratio (DPR) is 211.43%.

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.