Louisiana State Employees Retirement System Invests $7.04 Million in Welltower Inc. $WELL

Louisiana State Employees Retirement System purchased a new stake in Welltower Inc. (NYSE:WELL) in the 1st quarter, Holdings Channel.com reports. The firm purchased 35,600 shares of the real estate investment trust’s stock, valued at approximately $7,038,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Hager Investment Management Services LLC boosted its stake in Welltower by 84.4% in the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Marquette Asset Management LLC raised its position in shares of Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the period. Swiss RE Ltd. bought a new stake in shares of Welltower in the 4th quarter worth approximately $29,000. Financial Consulate Inc. bought a new stake in shares of Welltower in the 4th quarter worth approximately $34,000. Finally, Quarry LP acquired a new position in Welltower during the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Raymond James Financial assumed coverage on Welltower in a research note on Tuesday, June 16th. They set an “outperform” rating and a $226.00 price objective for the company. Mizuho set a $239.00 target price on Welltower in a research note on Friday, May 22nd. Weiss Ratings cut shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Wells Fargo & Company boosted their price target on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Jefferies Financial Group upped their price target on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $230.25.

Welltower Trading Up 0.9%

Shares of Welltower stock opened at $223.41 on Friday. The business has a fifty day simple moving average of $211.52 and a 200-day simple moving average of $201.85. Welltower Inc. has a fifty-two week low of $148.97 and a fifty-two week high of $224.47. The firm has a market cap of $157.71 billion, a price-to-earnings ratio of 110.60, a price-to-earnings-growth ratio of 1.14 and a beta of 0.79. 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 released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. The business 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 quarterly revenue was up 38.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities analysts forecast that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is presently 146.53%.

Welltower 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.