Teachers Retirement System of The State of Kentucky Reduces Holdings in Welltower Inc. $WELL

Teachers Retirement System of The State of Kentucky reduced its position in shares of Welltower Inc. (NYSE:WELL) by 8.3% during the first quarter, HoldingsChannel reports. The firm owned 103,261 shares of the real estate investment trust’s stock after selling 9,357 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Welltower were worth $20,416,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust increased its stake in Welltower by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock worth $367,000 after buying an additional 49 shares during the period. KCM Investment Advisors LLC boosted its position in Welltower by 3.2% in the 4th quarter. KCM Investment Advisors LLC now owns 1,678 shares of the real estate investment trust’s stock valued at $311,000 after buying an additional 52 shares during the last quarter. CYBER HORNET ETFs LLC grew its stake in shares of Welltower by 3.5% during the third quarter. CYBER HORNET ETFs LLC now owns 1,582 shares of the real estate investment trust’s stock valued at $282,000 after acquiring an additional 53 shares in the last quarter. Verdence Capital Advisors LLC increased its position in shares of Welltower by 4.2% during the fourth quarter. Verdence Capital Advisors LLC now owns 1,385 shares of the real estate investment trust’s stock worth $257,000 after acquiring an additional 56 shares during the last quarter. Finally, Wedmont Private Capital lifted its stake in shares of Welltower by 0.6% in the fourth quarter. Wedmont Private Capital now owns 9,279 shares of the real estate investment trust’s stock worth $1,723,000 after acquiring an additional 57 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Performance

Shares of WELL opened at $234.40 on Tuesday. The stock has a market capitalization of $165.46 billion, a PE ratio of 116.04, a price-to-earnings-growth ratio of 1.14 and a beta of 0.77. The business’s fifty day moving average price is $216.78 and its 200 day moving average price is $205.44. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. Welltower Inc. has a 12-month low of $155.33 and a 12-month high of $239.10.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.34. The firm 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 firm’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Equities research analysts forecast that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio is currently 146.53%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in 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. Wells Fargo & Company raised 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. Deutsche Bank Aktiengesellschaft raised their price target on shares of Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Scotiabank reduced their price objective on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Finally, UBS Group raised their price objective on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Thirteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and an average price target of $234.72.

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.