Cbre Investment Management Listed Real Assets LLC Sells 227,526 Shares of Welltower Inc. $WELL

Cbre Investment Management Listed Real Assets LLC lessened its stake in shares of Welltower Inc. (NYSE:WELL) by 7.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,043,945 shares of the real estate investment trust’s stock after selling 227,526 shares during the quarter. Welltower accounts for about 7.7% of Cbre Investment Management Listed Real Assets LLC’s holdings, making the stock its biggest holding. Cbre Investment Management Listed Real Assets LLC owned approximately 0.44% of Welltower worth $542,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. Hager Investment Management Services LLC lifted its holdings in shares of Welltower by 84.4% in the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 65 shares during the last quarter. MMA Asset Management LLC purchased a new position in shares of Welltower during the 3rd quarter worth approximately $35,000. Global Wealth Strategies & Associates acquired a new stake in Welltower in the 3rd quarter valued at approximately $36,000. Y.D. More Investments Ltd increased its holdings in Welltower by 585.7% in the 3rd quarter. Y.D. More Investments Ltd now owns 288 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 246 shares during the last quarter. Finally, Collier Financial purchased a new stake in Welltower in the third quarter valued at approximately $54,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WELL has been the topic of a number of research reports. UBS Group set a $240.00 price target on Welltower in a research note on Thursday, February 12th. Royal Bank Of Canada boosted their price objective on Welltower from $207.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $205.00 target price on shares of Welltower in a research note on Thursday, December 18th. Wall Street Zen cut Welltower from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Morgan Stanley lifted their target price on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $224.71.

Welltower Price Performance

Shares of WELL opened at $205.24 on Thursday. The firm has a market capitalization of $143.20 billion, a price-to-earnings ratio of 146.60, a PEG ratio of 1.42 and a beta of 0.82. The firm’s fifty day simple moving average is $196.42 and its 200-day simple moving average is $186.94. Welltower Inc. has a twelve month low of $130.29 and a twelve month high of $216.43. 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 (NYSE:WELL) last issued its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.01. The firm had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.93 billion. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The company’s revenue was up 41.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.13 earnings per share. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Equities analysts forecast that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, February 25th. Welltower’s dividend payout ratio is currently 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.