Strs Ohio Has $118.28 Million Stake in Welltower Inc. $WELL

Strs Ohio lowered its stake in shares of Welltower Inc. (NYSE:WELL) by 0.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 769,418 shares of the real estate investment trust’s stock after selling 3,723 shares during the period. Strs Ohio’s holdings in Welltower were worth $118,283,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in WELL. Cornerstone Wealth Group LLC raised its position in Welltower by 4.7% in the second quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after purchasing an additional 66 shares in the last quarter. Rise Advisors LLC grew its stake in shares of Welltower by 23.3% during the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 69 shares during the last quarter. Orion Capital Management LLC grew its stake in shares of Welltower by 5.6% during the second quarter. Orion Capital Management LLC now owns 1,362 shares of the real estate investment trust’s stock valued at $209,000 after purchasing an additional 72 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its stake in shares of Welltower by 2.0% during the first quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust’s stock valued at $558,000 after purchasing an additional 73 shares during the last quarter. Finally, SJS Investment Consulting Inc. grew its stake in shares of Welltower by 7.8% during the second quarter. SJS Investment Consulting Inc. now owns 1,009 shares of the real estate investment trust’s stock valued at $155,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE:WELL opened at $177.43 on Thursday. The stock has a market cap of $118.67 billion, a P/E ratio of 122.37, a price-to-earnings-growth ratio of 1.96 and a beta of 0.92. The company has a current ratio of 5.47, a quick ratio of 4.19 and a debt-to-equity ratio of 0.43. The stock’s 50-day moving average is $171.02 and its 200-day moving average is $160.22. Welltower Inc. has a 1-year low of $123.11 and a 1-year high of $189.53.

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

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be issued a dividend of $0.74 per share. The ex-dividend date is Monday, November 10th. This represents a $2.96 annualized dividend and a yield of 1.7%. Welltower’s dividend payout ratio is 167.23%.

Wall Street Analyst Weigh In

A number of analysts have commented on WELL shares. KeyCorp lifted their target price on shares of Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, September 23rd. UBS Group set a $203.00 price target on Welltower in a report on Wednesday. Raymond James Financial reissued a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Welltower in a research note on Wednesday, October 8th. Finally, Loop Capital set a $196.00 target price on shares of Welltower in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $187.60.

Welltower Profile

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.