Welltower Inc. $WELL Shares Sold by PGGM Investments

PGGM Investments cut its holdings in Welltower Inc. (NYSE:WELL) by 27.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,038,211 shares of the real estate investment trust’s stock after selling 762,541 shares during the period. Welltower comprises approximately 6.0% of PGGM Investments’ holdings, making the stock its biggest position. PGGM Investments’ holdings in Welltower were worth $378,312,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hager Investment Management Services LLC boosted 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 valued at $25,000 after buying an additional 65 shares during the period. Marquette Asset Management LLC boosted its holdings in shares of 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 buying an additional 59 shares during the period. Quarry LP acquired a new position in shares of Welltower in the 3rd quarter valued at about $33,000. Financial Consulate Inc. acquired a new position in Welltower during the 4th quarter valued at about $34,000. Finally, MMA Asset Management LLC acquired a new position in Welltower during the 3rd quarter valued at about $35,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WELL. Scotiabank boosted their target price on shares of Welltower from $236.00 to $248.00 and gave the company an “outperform” rating in a research note on Thursday. Royal Bank Of Canada boosted their target price on shares of Welltower from $230.00 to $238.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Citigroup boosted their target price on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. UBS Group boosted their target price on shares of Welltower from $240.00 to $249.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Finally, Morgan Stanley boosted their target price on shares of Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and an average target price of $231.00.

Welltower Trading Up 0.1%

Welltower stock opened at $216.31 on Tuesday. The firm has a 50-day moving average price of $208.38 and a two-hundred day moving average price of $200.06. The firm has a market capitalization of $152.70 billion, a price-to-earnings ratio of 107.09, a PEG ratio of 1.13 and a beta of 0.83. Welltower Inc. has a 52-week low of $147.49 and a 52-week 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.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. The company had revenue of $3.35 billion during 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 business’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Sell-side analysts expect that Welltower Inc. will post 6.28 earnings per share for the current year.

Welltower Dividend Announcement

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

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.