1,075,665 Shares in Welltower Inc. $WELL Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new position in Welltower Inc. (NYSE:WELL) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,075,665 shares of the real estate investment trust’s stock, valued at approximately $244,144,000. Welltower accounts for approximately 0.7% of Public Employees Retirement System of Ohio’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in WELL. Leonteq Securities AG boosted its position in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Kilter Group LLC purchased a new stake in shares of Welltower in the 2nd quarter worth approximately $29,000. Sound Income Strategies LLC increased its position in Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares in the last quarter. Solstein Capital LLC bought a new position in Welltower during the 2nd quarter valued at approximately $34,000. Finally, Swiss RE Ltd. purchased a new position in Welltower during the fourth quarter valued at $29,000. Institutional investors own 94.80% of the company’s stock.

Welltower Price Performance

Shares of NYSE WELL opened at $239.42 on Friday. Welltower Inc. has a twelve month low of $163.75 and a twelve month high of $255.20. The firm has a market cap of $172.56 billion, a P/E ratio of 109.82, a PEG ratio of 1.16 and a beta of 0.76. The company has a 50 day moving average of $234.93 and a 200 day moving average of $217.45. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37.

Welltower (NYSE:WELL) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The business had revenue of $3.54 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the prior year, the business posted $1.28 earnings per share. The business’s revenue for the quarter was up 39.1% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, research analysts expect that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued a dividend of $0.85 per share. The ex-dividend date of this dividend was Wednesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. Welltower’s dividend payout ratio is currently 155.96%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Weiss Ratings downgraded Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. KeyCorp raised their price target on Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Cantor Fitzgerald lifted their price target on Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $245.00 price target on shares of Welltower in a research report on Monday, May 4th. Finally, Evercore reiterated an “outperform” rating and issued a $260.00 price target on shares of Welltower in a research note on Thursday, July 30th. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $246.11.

Insider Activity at Welltower

In other Welltower news, Director Andrew Gundlach acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were bought at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the transaction, the director directly owned 25,000 shares of the company’s stock, valued at approximately $5,986,750. This represents a 25.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.37% of the stock is owned by company insiders.

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.