Voya Investment Management LLC Has $264.84 Million Stake in Welltower Inc. $WELL

Voya Investment Management LLC lowered its position in Welltower Inc. (NYSE:WELL) by 9.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,491,723 shares of the real estate investment trust’s stock after selling 153,230 shares during the period. Voya Investment Management LLC owned 0.22% of Welltower worth $264,838,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Candriam S.C.A. raised its holdings in Welltower by 2.6% during the second quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock valued at $64,058,000 after buying an additional 10,584 shares in the last quarter. State Street Corp increased its holdings in shares of Welltower by 4.6% during the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after acquiring an additional 1,740,196 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of Welltower by 193.5% in the 2nd quarter. Federated Hermes Inc. now owns 196,453 shares of the real estate investment trust’s stock valued at $30,201,000 after acquiring an additional 129,521 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC lifted its holdings in Welltower by 55.6% in the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock worth $461,660,000 after purchasing an additional 1,076,293 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in Welltower in the 1st quarter worth approximately $1,697,000. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. UBS Group increased their price target on Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Wells Fargo & Company raised their target price on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. National Bankshares set a $246.00 target price on shares of Welltower in a report on Friday, October 17th. KeyCorp upped their price target on shares of Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, September 23rd. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Performance

NYSE:WELL opened at $187.55 on Friday. The firm’s 50-day moving average is $189.03 and its 200-day moving average is $171.60. The company has a market cap of $128.72 billion, a price-to-earnings ratio of 129.34, a PEG ratio of 1.50 and a beta of 0.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47. Welltower Inc. has a 52-week low of $123.11 and a 52-week high of $209.05.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $2.70 billion. During the same period last year, the business earned $1.11 earnings per share. The firm’s revenue for the quarter was up 30.7% compared to the same quarter last year. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were given a dividend of $0.74 per share. The ex-dividend date was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s payout ratio is currently 204.14%.

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.