National Pension Service Has $254.79 Million Stake in Welltower Inc. $WELL

National Pension Service raised its stake in shares of Welltower Inc. (NYSE:WELL) by 8.2% in the 2nd quarter, Holdings Channel reports. The firm owned 1,657,399 shares of the real estate investment trust’s stock after purchasing an additional 125,576 shares during the quarter. National Pension Service’s holdings in Welltower were worth $254,792,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. SouthState Corp raised its position in shares of Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 148 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in Welltower during the 1st quarter worth approximately $27,000. N.E.W. Advisory Services LLC acquired a new position in shares of Welltower in the 1st quarter worth approximately $32,000. WPG Advisers LLC bought a new stake in shares of Welltower in the 1st quarter valued at $34,000. Finally, Saudi Central Bank acquired a new stake in shares of Welltower during the first quarter worth $38,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

Shares of Welltower stock opened at $192.48 on Wednesday. The business has a 50-day simple moving average of $174.54 and a 200 day simple moving average of $162.84. Welltower Inc. has a one year low of $123.11 and a one year high of $192.79. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. The firm has a market capitalization of $132.11 billion, a price-to-earnings ratio of 132.75, a PEG ratio of 1.93 and a beta of 0.92.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The company’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.11 earnings per share. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, research analysts anticipate that Welltower Inc. will post 4.88 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be given a $0.74 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.5%. Welltower’s dividend payout ratio (DPR) is presently 204.14%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on WELL shares. Weiss Ratings restated a “buy (b)” rating on shares of Welltower in a report on Wednesday, October 8th. Loop Capital set a $196.00 target price on Welltower in a research report on Wednesday, October 29th. KeyCorp raised their target price on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Wells Fargo & Company boosted their price target on Welltower from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 21st. Finally, Scotiabank increased their price target on Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $187.93.

About Welltower

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.