New York State Teachers Retirement System Has $103.50 Million Position in Welltower Inc. $WELL

New York State Teachers Retirement System increased its stake in Welltower Inc. (NYSE:WELL) by 10.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 523,486 shares of the real estate investment trust’s stock after purchasing an additional 47,963 shares during the period. New York State Teachers Retirement System owned 0.07% of Welltower worth $103,498,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Leonteq Securities AG increased its stake in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 60 shares during the period. Sound Income Strategies LLC lifted its stake in shares of Welltower by 124.6% during the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 76 shares during the period. Marquette Asset Management LLC lifted its stake in shares of Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 59 shares during the period. Swiss RE Ltd. bought a new position in Welltower in the fourth quarter valued at about $29,000. Finally, Quarry LP acquired a new stake in Welltower in the third quarter worth about $33,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Up 2.5%

Shares of NYSE:WELL opened at $235.84 on Friday. The company has a 50 day moving average price of $213.45 and a two-hundred day moving average price of $203.18. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The company has a market capitalization of $166.48 billion, a PE ratio of 116.75, a PEG ratio of 1.19 and a beta of 0.77. Welltower Inc. has a 52 week low of $150.20 and a 52 week high of $236.06.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.34. The company 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 was up 38.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Analysts forecast that Welltower Inc. will post 6.32 earnings per share for the current year.

Welltower Announces Dividend

The firm also recently declared 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 is 146.53%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WELL. Wells Fargo & Company boosted their price objective on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Scotiabank lowered their price target on shares of Welltower from $248.00 to $232.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Mizuho set a $239.00 price target on shares of Welltower in a research report on Friday, May 22nd. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Citigroup increased their price objective on shares of Welltower from $245.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Thirteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and an average target price of $232.29.

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.