Northwestern Mutual Wealth Management Co. Sells 18,136 Shares of Welltower Inc. $WELL

Northwestern Mutual Wealth Management Co. decreased its stake in shares of Welltower Inc. (NYSE:WELL) by 21.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 67,922 shares of the real estate investment trust’s stock after selling 18,136 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Welltower were worth $15,416,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in WELL. BlackRock Inc. grew its stake in Welltower by 5.5% in the second quarter. BlackRock Inc. now owns 78,049,214 shares of the real estate investment trust’s stock valued at $17,714,830,000 after acquiring an additional 4,045,458 shares during the period. Capital International Investors increased its position in shares of Welltower by 2.0% during the fourth quarter. Capital International Investors now owns 47,431,769 shares of the real estate investment trust’s stock valued at $8,805,411,000 after acquiring an additional 915,514 shares during the last quarter. State Street Corp increased its position in shares of Welltower by 1.2% during the 4th quarter. State Street Corp now owns 41,760,328 shares of the real estate investment trust’s stock valued at $7,751,134,000 after purchasing an additional 506,374 shares during the last quarter. Norges Bank purchased a new stake in Welltower during the fourth quarter worth about $5,466,264,000. Finally, Bank of America Corp DE increased its stake in shares of Welltower by 6.6% during the 1st quarter. Bank of America Corp DE now owns 21,750,501 shares of the real estate investment trust’s stock worth $4,300,291,000 after purchasing an additional 1,347,243 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Cantor Fitzgerald boosted their price objective on Welltower from $235.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Jefferies Financial Group increased their price objective on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Wells Fargo & Company lifted their target price on shares of Welltower from $237.00 to $266.00 and gave the company an “overweight” rating in a research report on Tuesday. Evercore reissued an “outperform” rating and set a $260.00 price objective on shares of Welltower in a report on Thursday, July 30th. Finally, Scotiabank lifted their target price on shares of Welltower from $244.00 to $251.00 and gave the stock an “outperform” rating in a research report on Wednesday. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $251.06.

Insider Activity at Welltower

In related news, Director Andrew Gundlach purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the transaction, the director directly owned 25,000 shares in the company, valued at $5,986,750. This trade represents a 25.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.37% of the stock is currently owned by corporate insiders.

Welltower Stock Down 0.6%

Shares of NYSE WELL opened at $238.93 on Thursday. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a 12 month low of $163.75 and a 12 month high of $255.20. The firm has a fifty day simple moving average of $236.84 and a two-hundred day simple moving average of $218.43. The firm has a market capitalization of $172.20 billion, a PE ratio of 109.60, a price-to-earnings-growth ratio of 1.15 and a beta of 0.76.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05). Welltower had a net margin of 12.15% and a return on equity of 3.56%. The firm had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the previous year, the firm posted $1.28 earnings per share. The business’s revenue was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities analysts expect that Welltower Inc. will post 6.43 earnings per share for the current year.

Welltower Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 12th were paid a dividend of $0.85 per share. The ex-dividend date of this dividend was Wednesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower’s payout ratio is presently 155.96%.

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.