TIAA Trust National Association Sells 67,811 Shares of Welltower Inc. $WELL

TIAA Trust National Association lowered its position in Welltower Inc. (NYSE:WELL) by 55.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,469 shares of the real estate investment trust’s stock after selling 67,811 shares during the quarter. TIAA Trust National Association’s holdings in Welltower were worth $10,296,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Welltower by 2.9% in the 4th quarter. Vanguard Group Inc. now owns 92,421,471 shares of the real estate investment trust’s stock worth $17,154,349,000 after acquiring an additional 2,643,088 shares during the period. Capital International Investors lifted its position in shares of Welltower by 2.0% in the 4th quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock worth $8,805,411,000 after acquiring an additional 915,514 shares during the period. State Street Corp lifted its position in shares of Welltower by 4.1% in the 3rd quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust’s stock worth $7,348,979,000 after acquiring an additional 1,637,665 shares during the period. Norges Bank bought a new stake in shares of Welltower in the 4th quarter worth approximately $5,466,264,000. Finally, Bank of America Corp DE lifted its position in shares of Welltower by 1.9% in the 3rd quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust’s stock worth $3,452,102,000 after acquiring an additional 367,463 shares during the period. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on WELL. Cantor Fitzgerald raised their price objective on Welltower from $204.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. KeyCorp raised their target price on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. BMO Capital Markets restated an “outperform” rating and set a $245.00 target price on shares of Welltower in a research report on Monday, May 4th. Finally, Weiss Ratings upgraded Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $231.60.

Welltower Stock Up 3.2%

NYSE WELL opened at $206.46 on Wednesday. The stock has a fifty day moving average of $209.07 and a 200-day moving average of $201.03. The stock has a market capitalization of $145.74 billion, a P/E ratio of 102.21, a price-to-earnings-growth ratio of 1.03 and a beta of 0.79. Welltower Inc. has a 52 week low of $148.70 and a 52 week high of $221.68. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31.

Welltower (NYSE:WELL) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. The company 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 business’s revenue for the quarter was up 38.3% on a year-over-year basis. During the same period last year, the firm earned $1.20 EPS. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. On average, equities research analysts forecast that Welltower Inc. will post 6.32 EPS for the current year.

Welltower Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders 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 of this dividend was Wednesday, May 13th. Welltower’s dividend payout ratio (DPR) is 146.53%.

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.