Illinois Municipal Retirement Fund Buys 17,979 Shares of Welltower Inc. $WELL

Illinois Municipal Retirement Fund boosted its stake in shares of Welltower Inc. (NYSE:WELL) by 251.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,134 shares of the real estate investment trust’s stock after buying an additional 17,979 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Welltower were worth $4,969,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust grew its stake in Welltower by 2.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock worth $367,000 after acquiring an additional 49 shares in the last quarter. KCM Investment Advisors LLC raised its stake in shares of Welltower by 3.2% during the fourth quarter. KCM Investment Advisors LLC now owns 1,678 shares of the real estate investment trust’s stock valued at $311,000 after acquiring an additional 52 shares in the last quarter. CYBER HORNET ETFs LLC boosted its holdings in shares of Welltower by 3.5% in the third quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock valued at $282,000 after purchasing an additional 53 shares during the period. Verdence Capital Advisors LLC boosted its holdings in shares of Welltower by 4.2% in the fourth quarter. Verdence Capital Advisors LLC now owns 1,385 shares of the real estate investment trust’s stock valued at $257,000 after purchasing an additional 56 shares during the period. Finally, Harmony Asset Management LLC grew its stake in Welltower by 4.1% in the first quarter. Harmony Asset Management LLC now owns 1,424 shares of the real estate investment trust’s stock worth $282,000 after purchasing an additional 56 shares in the last quarter. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WELL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft raised their price objective on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Wells Fargo & Company increased their price target on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Scotiabank cut their price target on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. UBS Group lifted their price objective on Welltower from $249.00 to $271.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $238.00 price objective on shares of Welltower in a report on Monday, June 15th. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Welltower has an average rating of “Moderate Buy” and a consensus price target of $234.72.

Welltower Stock Performance

Shares of WELL stock opened at $243.39 on Friday. The firm has a market cap of $171.81 billion, a price-to-earnings ratio of 120.49, a PEG ratio of 1.19 and a beta of 0.77. The company’s 50 day moving average is $218.71 and its 200 day moving average is $206.74. 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 Inc. has a 52-week low of $156.96 and a 52-week high of $246.43.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS 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 the consensus estimate of $3.12 billion. Welltower had a net margin of 11.96% and a return on equity of 3.45%. Welltower’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, sell-side analysts anticipate that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were given a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s payout ratio is presently 146.53%.

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.