State of New Jersey Common Pension Fund D Acquires 16,156 Shares of Welltower Inc. $WELL

State of New Jersey Common Pension Fund D boosted its holdings in Welltower Inc. (NYSE:WELL) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 484,908 shares of the real estate investment trust’s stock after acquiring an additional 16,156 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.07% of Welltower worth $86,382,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Hardy Reed LLC raised its stake in shares of Welltower by 13.8% in the third quarter. Hardy Reed LLC now owns 1,790 shares of the real estate investment trust’s stock worth $319,000 after purchasing an additional 217 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Welltower by 1.4% during the third quarter. PNC Financial Services Group Inc. now owns 221,160 shares of the real estate investment trust’s stock worth $39,397,000 after buying an additional 3,100 shares in the last quarter. ABN Amro Investment Solutions raised its position in Welltower by 427.9% in the 3rd quarter. ABN Amro Investment Solutions now owns 54,514 shares of the real estate investment trust’s stock valued at $9,711,000 after buying an additional 44,187 shares during the last quarter. HighTower Advisors LLC lifted its stake in Welltower by 3.8% during the 3rd quarter. HighTower Advisors LLC now owns 93,429 shares of the real estate investment trust’s stock valued at $16,652,000 after acquiring an additional 3,422 shares in the last quarter. Finally, Aberdeen Group plc lifted its stake in Welltower by 9.2% during the 3rd quarter. Aberdeen Group plc now owns 1,724,132 shares of the real estate investment trust’s stock valued at $306,878,000 after acquiring an additional 145,121 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Welltower from a “hold” rating to a “sell” rating in a research note on Saturday. Wells Fargo & Company boosted their price target on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $205.00 target price on shares of Welltower in a research report on Thursday, December 18th. Finally, Loop Capital set a $196.00 target price on Welltower in a report on Wednesday, October 29th. One 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 given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $210.21.

Welltower Trading Up 1.2%

Shares of WELL stock opened at $210.71 on Friday. The company has a quick ratio of 5.47, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. The firm has a market cap of $144.61 billion, a P/E ratio of 150.51, a PEG ratio of 1.39 and a beta of 0.85. The company has a 50 day moving average of $189.50 and a 200-day moving average of $181.62. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $212.62.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 EPS for the quarter, beating the consensus estimate of $1.44 by $0.01. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The business had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same quarter in the prior year, the business earned $1.13 earnings per share. Welltower’s revenue for the quarter was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Sell-side 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 will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be paid a dividend of $0.74 per share. The ex-dividend date is Wednesday, February 25th. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. Welltower’s dividend payout ratio is presently 211.43%.

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.