Public Employees Retirement System of Ohio Acquires Shares of 1,075,665 Welltower Inc. $WELL

Public Employees Retirement System of Ohio acquired a new stake in shares of Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,075,665 shares of the real estate investment trust’s stock, valued at approximately $244,144,000. Welltower comprises about 0.7% of Public Employees Retirement System of Ohio’s portfolio, making the stock its 18th largest holding. Public Employees Retirement System of Ohio owned about 0.15% of Welltower as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Leonteq Securities AG grew its stake in shares of Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC raised its position in Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares during the last quarter. Kilter Group LLC bought a new position in Welltower during the 2nd quarter valued at approximately $29,000. Swiss RE Ltd. purchased a new stake in Welltower in the 4th quarter worth approximately $29,000. Finally, Quarry LP purchased a new stake in Welltower in the 3rd quarter worth approximately $33,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WELL. Royal Bank Of Canada boosted their target price on Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Wells Fargo & Company raised their price target on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Mizuho lifted their price target on shares of Welltower from $239.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Evercore reissued an “outperform” rating and set a $260.00 price objective on shares of Welltower in a research report on Thursday, July 30th. Finally, Barclays started coverage on shares of Welltower in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $254.00 price objective on the stock. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $246.11.

Welltower Stock Performance

Welltower stock opened at $239.42 on Friday. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week high of $255.20. The stock’s 50 day simple moving average is $234.93 and its two-hundred day simple moving average is $217.45. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The stock has a market cap of $172.56 billion, a price-to-earnings ratio of 109.82, a PEG ratio of 1.16 and a beta of 0.76.

Welltower (NYSE:WELL) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). The firm had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm’s revenue was up 39.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, analysts expect that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were issued a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. This is a positive change from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. Welltower’s dividend payout ratio is currently 155.96%.

Insider Transactions at Welltower

In other news, Director Andrew Gundlach acquired 5,000 shares of the stock in a transaction on Tuesday, August 25th. The stock was acquired at an average price of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the transaction, the director owned 25,000 shares of the company’s stock, valued at $5,986,750. This represents a 25.00% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.37% of the company’s stock.

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.