QRG Capital Boosts Stake in Welltower by Over 7% Amid Institutional Investor Growth
QRG Capital Management Inc. purchased an additional 5,711 shares of Welltower Inc.'s stock during the second quarter, increasing its position by 7.1%. As a result, QRG now owns 86,615 shares of the real estate investment trust's stock. The value of these holdings is approximately $19,659,000. This move follows similar actions from other institutional investors and hedge funds.
Dimensional Fund Advisors LP lifted its position in Welltower by 0.7% during the first quarter, while Swiss National Bank grew its stake in the company by 9.9%. Other significant shareholders include SG Americas Securities LLC, which increased its holdings by 331.4%, and Dai ichi Life Insurance Company Ltd, which raised its position by 26.6%. Institutional investors now own approximately 94.80% of Welltower's stock.
The company has a current ratio of 3.16, a quick ratio of 3.16, and a debt-to-equity ratio of 0.37. Its market cap is around $165.67 billion, with a PE ratio of 105.44 and a price-to-earnings-growth ratio of 1.10. Welltower's stock has a 52-week high of $255.20.