Lasalle Investment Management Securities LLC Sells 229,212 Shares of Welltower Inc. $WELL

Lasalle Investment Management Securities LLC decreased its position in Welltower Inc. (NYSE:WELL) by 16.1% in the 3rd quarter, Holdings Channel reports. The fund owned 1,193,287 shares of the real estate investment trust’s stock after selling 229,212 shares during the period. Welltower accounts for 8.3% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 2nd biggest holding. Lasalle Investment Management Securities LLC’s holdings in Welltower were worth $212,572,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. National Pension Service boosted its holdings in Welltower by 2.1% in the third quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock valued at $301,401,000 after purchasing an additional 34,532 shares during the last quarter. B&I Capital AG increased its holdings in Welltower by 5.7% during the 3rd quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock worth $28,759,000 after purchasing an additional 8,650 shares during the last quarter. Candriam S.C.A. raised its position in shares of Welltower by 2.6% in the 2nd quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock valued at $64,058,000 after purchasing an additional 10,584 shares in the last quarter. GDS Wealth Management boosted its stake in shares of Welltower by 13.7% during the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock valued at $11,359,000 after buying an additional 7,699 shares during the last quarter. Finally, State Street Corp grew its position in shares of Welltower by 4.6% during the second quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock worth $6,090,212,000 after buying an additional 1,740,196 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on WELL. Wells Fargo & Company upped their price target on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Wall Street Zen downgraded shares of Welltower from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Citigroup upped their target price on shares of Welltower from $215.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada lifted their price target on Welltower from $207.00 to $230.00 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, UBS Group set a $240.00 price objective on Welltower in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $218.79.

Welltower Stock Down 0.5%

NYSE:WELL opened at $207.40 on Friday. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average of $193.31 and a 200-day moving average of $184.54. The firm has a market capitalization of $144.71 billion, a PE ratio of 148.15, a price-to-earnings-growth ratio of 1.43 and a beta of 0.85. Welltower Inc. has a 52 week low of $130.29 and a 52 week high of $216.43.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.01. The business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $2.93 billion. Welltower had a return on equity of 2.46% and a net margin of 8.64%.The business’s revenue for the quarter was up 41.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.13 EPS. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. Analysts predict that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be given a dividend of $0.74 per share. The ex-dividend date is Wednesday, February 25th. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. Welltower’s dividend payout ratio is currently 211.43%.

Welltower 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.