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Welltower Inc. $WELL Shares Sold by Illinois Municipal Retirement Fund
Illinois Municipal Retirement Fund significantly reduced its holdings in Welltower Inc. (NYSE:WELL) by 34.2% in the third quarter, selling over 5,100 shares. Despite this, other institutional investors increased their stakes, and analysts have provided mixed but generally positive ratings with a consensus “Moderate Buy” and a price target of $210.21. Welltower recently announced strong Q4 earnings, exceeding revenue and EPS estimates, and declared a quarterly dividend.