New York State Teachers Retirement System Boosts Stock Holdings in Welltower Inc. $WELL

New York State Teachers Retirement System raised its position in shares of Welltower Inc. (NYSE:WELL) by 1.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 466,559 shares of the real estate investment trust’s stock after purchasing an additional 4,585 shares during the period. New York State Teachers Retirement System owned 0.07% of Welltower worth $83,113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in WELL. Warwick Investment Management Inc. bought a new stake in shares of Welltower during the 3rd quarter valued at $493,000. Bayforest Capital Ltd purchased a new position in Welltower during the 3rd quarter valued at about $163,000. Sachetta LLC increased its position in shares of Welltower by 14.9% during the third quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock valued at $80,000 after buying an additional 58 shares during the period. ORG Partners LLC increased its position in shares of Welltower by 13.9% during the third quarter. ORG Partners LLC now owns 662 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 81 shares during the period. Finally, ORG Wealth Partners LLC lifted its holdings in shares of Welltower by 69.9% in the third quarter. ORG Wealth Partners LLC now owns 967 shares of the real estate investment trust’s stock worth $172,000 after buying an additional 398 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Welltower Trading Down 0.1%

Shares of Welltower stock opened at $186.12 on Friday. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $209.05. The company’s fifty day simple moving average is $192.61 and its 200-day simple moving average is $175.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47. The stock has a market capitalization of $127.74 billion, a PE ratio of 128.36, a P/E/G ratio of 1.31 and a beta of 0.86.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.Welltower’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th were issued a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.6%. Welltower’s payout ratio is currently 204.14%.

Analyst Upgrades and Downgrades

WELL has been the topic of a number of analyst reports. Evercore ISI upped their target price on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $205.00 price objective on shares of Welltower in a research report on Thursday, December 18th. Jefferies Financial Group restated a “buy” rating and set a $231.00 target price on shares of Welltower in a research report on Monday, December 15th. Finally, Wells Fargo & Company raised their price target on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $204.80.

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.