Welltower Inc. $WELL is Lasalle Investment Management Securities LLC’s 2nd Largest Position

Lasalle Investment Management Securities LLC reduced its position in Welltower Inc. (NYSE:WELL) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,140,399 shares of the real estate investment trust’s stock after selling 52,888 shares during the period. Welltower accounts for about 8.5% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 2nd largest holding. Lasalle Investment Management Securities LLC’s holdings in Welltower were worth $211,669,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Hager Investment Management Services LLC increased its stake in 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 valued at $25,000 after purchasing an additional 65 shares in the last quarter. Marquette Asset Management LLC increased its stake in Welltower by 62.8% in the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares in the last quarter. Quarry LP purchased a new position in Welltower in the 3rd quarter valued at approximately $33,000. Financial Consulate Inc. purchased a new position in Welltower in the 4th quarter valued at approximately $34,000. Finally, MMA Asset Management LLC purchased a new position in Welltower in the 3rd quarter valued at approximately $35,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Price Performance

WELL stock opened at $206.11 on Monday. Welltower Inc. has a 52-week low of $148.60 and a 52-week high of $221.68. The stock’s fifty day simple moving average is $208.54 and its 200-day simple moving average is $200.71. 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 $145.49 billion, a price-to-earnings ratio of 102.03, a price-to-earnings-growth ratio of 1.06 and a beta of 0.79.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.34. The business 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 business’s revenue was up 38.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities research analysts expect that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is 146.53%.

Wall Street Analysts Forecast Growth

WELL has been the topic of a number of analyst reports. UBS Group increased their target price on Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a report on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and set a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Wells Fargo & Company increased their target price on Welltower from $218.00 to $228.00 and gave the company an “overweight” rating in a report on Thursday, March 26th. Mizuho set a $239.00 target price on Welltower in a report on Friday, May 22nd. Finally, Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $231.00.

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.