UniSuper Management Pty Ltd Sells 50,078 Shares of Welltower Inc. $WELL
by Kim Johansen · The Markets DailyUniSuper Management Pty Ltd decreased its position in shares of Welltower Inc. (NYSE:WELL – Free Report) by 11.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 374,253 shares of the real estate investment trust’s stock after selling 50,078 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Welltower were worth $69,465,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of WELL. Hager Investment Management Services LLC lifted its position 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 lifted its position 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. Quarry LP bought a new stake in Welltower during the third quarter worth about $33,000. Financial Consulate Inc. bought a new stake in Welltower during the fourth quarter worth about $34,000. Finally, Morse Asset Management Inc lifted its position in Welltower by 56.3% during the fourth quarter. Morse Asset Management Inc now owns 211 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 76 shares during the period. Institutional investors own 94.80% of the company’s stock.
Welltower Stock Performance
Welltower stock opened at $211.15 on Friday. The business has a 50 day moving average of $209.67 and a 200-day moving average of $201.21. Welltower Inc. has a 1 year low of $148.97 and a 1 year high of $221.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31. The company has a market capitalization of $149.05 billion, a P/E ratio of 104.53, a P/E/G ratio of 1.09 and a beta of 0.79.
Welltower (NYSE:WELL – Get Free Report) last released its quarterly earnings data 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. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the prior year, the firm posted $1.20 earnings per share. The firm’s revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities research analysts predict that Welltower Inc. will post 6.32 earnings per share for the current year.
Welltower Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th were paid a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. Welltower’s dividend payout ratio is currently 146.53%.
Wall Street Analyst Weigh In
WELL has been the subject of a number of research reports. Citigroup increased their target price on shares of Welltower from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Scotiabank increased their target price on shares of Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. KeyCorp increased their target price on shares of Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Finally, Weiss Ratings raised shares of Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Welltower has a consensus rating of “Moderate Buy” and an average target price of $231.60.
About Welltower
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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