Korea Investment CORP Sells 159,666 Shares of Welltower Inc. $WELL

Korea Investment CORP lowered its holdings in shares of Welltower Inc. (NYSE:WELL) by 19.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 640,808 shares of the real estate investment trust’s stock after selling 159,666 shares during the period. Korea Investment CORP owned 0.09% of Welltower worth $118,940,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of WELL. Hager Investment Management Services LLC grew its holdings in Welltower by 84.4% during the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 65 shares during the period. Marquette Asset Management LLC grew its holdings in Welltower by 62.8% during the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 59 shares during the period. Swiss RE Ltd. bought a new position in Welltower during the fourth quarter worth about $29,000. Quarry LP bought a new position in Welltower during the third quarter worth about $33,000. Finally, Financial Consulate Inc. bought a new position in Welltower during the fourth quarter worth about $34,000. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 1.6%

Shares of WELL stock opened at $213.96 on Friday. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. The stock has a market cap of $151.03 billion, a P/E ratio of 105.92, a price-to-earnings-growth ratio of 1.09 and a beta of 0.79. The stock has a 50 day simple moving average of $209.96 and a 200 day simple moving average of $201.30. Welltower Inc. has a 1 year low of $148.97 and a 1 year high of $221.68.

Welltower (NYSE:WELL) last issued 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 business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.20 earnings per share. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, research analysts predict that Welltower Inc. will post 6.32 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, May 13th. Welltower’s payout ratio is 146.53%.

Wall Street Analysts Forecast Growth

WELL has been the subject of a number of research analyst reports. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Jefferies Financial Group boosted their price objective on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. BMO Capital Markets restated an “outperform” rating and set a $245.00 price objective on shares of Welltower in a report on Monday, May 4th. 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. Finally, Weiss Ratings upgraded Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $231.60.

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.