Knights of Columbus Asset Advisors LLC Has $16.85 Million Stake in Welltower Inc. $WELL

Knights of Columbus Asset Advisors LLC decreased its position in shares of Welltower Inc. (NYSE:WELL) by 23.4% in the fourth quarter, Holdings Channel reports. The fund owned 90,757 shares of the real estate investment trust’s stock after selling 27,668 shares during the period. Welltower accounts for 1.0% of Knights of Columbus Asset Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Knights of Columbus Asset Advisors LLC’s holdings in Welltower were worth $16,845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. National Pension Service raised its position in shares of Welltower by 2.1% during the third quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock valued at $301,401,000 after buying an additional 34,532 shares during the last quarter. B&I Capital AG raised its position in shares of Welltower by 5.7% during the third quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock valued at $28,759,000 after buying an additional 8,650 shares during the last quarter. New York Life Investment Management LLC raised its position in shares of Welltower by 4.3% during the third quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock valued at $17,345,000 after buying an additional 4,019 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in shares of Welltower during the third quarter valued at about $1,781,000. Finally, Benchmark Investment Advisors LLC acquired a new position in shares of Welltower during the third quarter valued at about $901,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE:WELL opened at $218.20 on Wednesday. Welltower Inc. has a 12-month low of $148.60 and a 12-month high of $221.68. 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 firm has a market capitalization of $154.03 billion, a PE ratio of 108.02, a price-to-earnings-growth ratio of 1.13 and a beta of 0.83. The firm has a 50-day moving average price of $208.58 and a 200 day moving average price of $200.28.

Welltower (NYSE:WELL) last posted its quarterly earnings results 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. Welltower had a net margin of 11.96% and a return on equity of 3.45%. The firm had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the business posted $1.20 earnings per share. The company’s quarterly revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Research analysts anticipate that Welltower Inc. will post 6.28 earnings per share for the current fiscal year.

Welltower Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on WELL. Mizuho set a $239.00 price objective on shares of Welltower in a research report on Friday. Morgan Stanley upped their price objective on shares of Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. Royal Bank Of Canada upped their price objective on shares of Welltower from $230.00 to $238.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 15th. Finally, KeyCorp upped their price objective on shares of Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. One investment 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 MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $231.00.

Welltower Company 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.