New Mexico Educational Retirement Board Has $5.71 Million Stock Holdings in Welltower Inc. $WELL

by · The Cerbat Gem

New Mexico Educational Retirement Board raised its position in Welltower Inc. (NYSE:WELL – Free Report) by 9.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,748 shares of the real estate investment trust’s stock after buying an additional 2,700 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Welltower were worth $5,707,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Easterly Investment Partners LLC grew its holdings in Welltower by 184.9% in the 4th quarter. Easterly Investment Partners LLC now owns 92,403 shares of the real estate investment trust’s stock valued at $17,151,000 after buying an additional 59,967 shares in the last quarter. Florida Financial Advisors LLC grew its holdings in Welltower by 14.7% in the 4th quarter. Florida Financial Advisors LLC now owns 4,570 shares of the real estate investment trust’s stock valued at $848,000 after buying an additional 586 shares in the last quarter. Essex Financial Services Inc. grew its holdings in Welltower by 25.5% in the 4th quarter. Essex Financial Services Inc. now owns 3,790 shares of the real estate investment trust’s stock valued at $703,000 after buying an additional 771 shares in the last quarter. Founders Financial Securities LLC grew its holdings in Welltower by 5.9% in the 4th quarter. Founders Financial Securities LLC now owns 1,564 shares of the real estate investment trust’s stock valued at $290,000 after buying an additional 87 shares in the last quarter. Finally, Thames Capital Management LLC acquired a new position in Welltower in the 4th quarter valued at $4,676,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Price Performance

Shares of WELL stock opened at $206.11 on Monday. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a twelve month low of $148.60 and a twelve month high of $221.68. The company has a market cap of $145.49 billion, a P/E ratio of 102.03, a P/E/G ratio of 1.06 and a beta of 0.79. The business has a fifty day simple moving average of $208.54 and a 200 day simple moving average of $200.71.

Welltower (NYSE:WELL – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the prior year, the company earned $1.20 EPS. Welltower’s revenue for the quarter was up 38.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, sell-side analysts forecast that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 13th were given a $0.74 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.96 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio (DPR) is currently 146.53%.

Analyst Ratings Changes

A number of research analysts have commented on WELL shares. Jefferies Financial Group upped their price objective on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. BMO Capital Markets reissued an “outperform” rating and set a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Weiss Ratings lowered Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Cantor Fitzgerald increased their target price on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Finally, Scotiabank increased their target price on Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and an average price target of $231.00.

Read Our Latest Report on WELL

Welltower Company Profile

(Free Report)

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.

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