Teacher Retirement System of Texas Has $31.51 Million Position in Welltower Inc. $WELL

Key Points

• Teacher Retirement System of Texas cut its stake in Welltower by 44.3% in Q4, selling 135,195 shares and leaving 169,742 shares worth about $31.51 million.
• Welltower beat Q4 expectations with $1.45 EPS and $3.18B revenue (up 41.3% YoY), set FY2026 guidance of 6.090–6.25 EPS, and has attracted analyst upgrades with an average price target of $225.43 ("Moderate Buy").
• The REIT recently paid a quarterly dividend of $0.74 (annualized $2.96, yield 1.4%) and is heavily institutionally owned (about 94.8% of shares).

Teacher Retirement System of Texas reduced its position in shares of Welltower Inc. (NYSE:WELL - Free Report) by 44.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 169,742 shares of the real estate investment trust's stock after selling 135,195 shares during the period. Teacher Retirement System of Texas' holdings in Welltower were worth $31,506,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Welltower by 4.7% in the third quarter. Vanguard Group Inc. now owns 89,778,383 shares of the real estate investment trust's stock valued at $15,993,121,000 after purchasing an additional 3,991,896 shares during the last quarter. Capital International Investors raised its holdings in shares of Welltower by 4.1% in the third quarter. Capital International Investors now owns 46,516,255 shares of the real estate investment trust's stock valued at $8,285,296,000 after purchasing an additional 1,842,934 shares during the last quarter. State Street Corp raised its holdings in shares of Welltower by 4.1% in the third quarter. State Street Corp now owns 41,253,954 shares of the real estate investment trust's stock valued at $7,348,979,000 after purchasing an additional 1,637,665 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Welltower by 1.9% in the third quarter. Bank of America Corp DE now owns 19,378,590 shares of the real estate investment trust's stock valued at $3,452,102,000 after purchasing an additional 367,463 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Welltower by 3.2% in the third quarter. Northern Trust Corp now owns 9,106,068 shares of the real estate investment trust's stock valued at $1,622,155,000 after purchasing an additional 282,881 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Price Performance

NYSE:WELL opened at $208.37 on Friday. Welltower Inc. has a 1-year low of $142.65 and a 1-year high of $216.43. 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 firm has a fifty day simple moving average of $205.63 and a 200 day simple moving average of $194.19. The stock has a market capitalization of $146.81 billion, a PE ratio of 148.84, a P/E/G ratio of 1.37 and a beta of 0.83.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.01. Welltower had a net margin of 8.64% and a return on equity of 2.46%. The business had revenue of $3.18 billion during the quarter, compared to analysts' expectations of $2.93 billion. During the same period last year, the business earned $1.13 earnings per share. The firm's revenue was up 41.3% on a year-over-year basis. Welltower has set its FY 2026 guidance at 6.090-6.25 EPS. On average, research analysts expect that Welltower Inc. will post 6.24 EPS for the current fiscal year.

Welltower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were paid a $0.74 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. Welltower's dividend payout ratio (DPR) is currently 211.43%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on WELL. Mizuho lifted their price objective on shares of Welltower from $216.00 to $231.00 and gave the company an "outperform" rating in a report on Wednesday, March 4th. Wells Fargo & Company lifted their price objective on shares of Welltower from $218.00 to $228.00 and gave the company an "overweight" rating in a report on Thursday, March 26th. KeyCorp lifted their price objective on shares of Welltower from $210.00 to $240.00 and gave the company an "overweight" rating in a report on Tuesday, February 24th. Morgan Stanley lifted their price objective on shares of Welltower from $200.00 to $215.00 and gave the company an "overweight" rating in a report on Wednesday, February 18th. Finally, Cantor Fitzgerald lifted their price objective on shares of Welltower from $204.00 to $230.00 and gave the company an "overweight" rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Welltower presently has an average rating of "Moderate Buy" and an average price target of $225.43.

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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