Oregon Public Employees Retirement Fund Has $13.63 Million Holdings in Welltower Inc. $WELL

Oregon Public Employees Retirement Fund grew its stake in Welltower Inc. (NYSE:WELL) by 42.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,500 shares of the real estate investment trust’s stock after acquiring an additional 22,850 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Welltower were worth $13,628,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. State Street Corp raised its position in Welltower by 4.6% in the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after purchasing an additional 1,740,196 shares during the last quarter. Norges Bank acquired a new stake in shares of Welltower in the 2nd quarter valued at $4,903,554,000. Geode Capital Management LLC increased its stake in shares of Welltower by 5.1% in the 2nd quarter. Geode Capital Management LLC now owns 15,012,454 shares of the real estate investment trust’s stock valued at $2,303,484,000 after buying an additional 723,887 shares during the period. JPMorgan Chase & Co. raised its position in shares of Welltower by 1.9% during the second quarter. JPMorgan Chase & Co. now owns 7,898,391 shares of the real estate investment trust’s stock worth $1,214,232,000 after acquiring an additional 149,724 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Welltower by 5.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 7,329,291 shares of the real estate investment trust’s stock valued at $1,126,732,000 after acquiring an additional 372,697 shares during the period. 94.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Morgan Stanley lifted their price objective on Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Loop Capital set a $196.00 price target on shares of Welltower in a research report on Wednesday, October 29th. Scotiabank boosted their price target on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. Finally, UBS Group lowered their target price on shares of Welltower from $232.00 to $228.00 and set a “buy” rating for the company in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $204.80.

Welltower Stock Performance

Shares of NYSE:WELL opened at $186.12 on Friday. The firm’s 50 day simple moving average is $192.61 and its 200 day simple moving average is $175.42. Welltower Inc. has a fifty-two week low of $123.11 and a fifty-two week high of $209.05. The company has a market capitalization of $127.74 billion, a price-to-earnings ratio of 128.36, a P/E/G ratio of 1.32 and a beta of 0.86. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 5.47.

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

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Tuesday, November 11th were paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, November 10th. Welltower’s dividend payout ratio (DPR) is presently 204.14%.

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.