Northwestern Mutual Wealth Management Co. Has $15.42 Million Holdings in Welltower Inc. $WELL

Key Points

• Northwestern Mutual Wealth Management reduced its Welltower position by 21.1% in the second quarter, selling 18,136 shares and retaining 67,922 shares valued at approximately $15.42 million.
• Welltower reported quarterly revenue of $3.54 billion, above estimates, but earnings per share of $0.61 fell short of the $0.66 consensus. The company raised its quarterly dividend from $0.74 to $0.85 per share.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $251.06, compared with the reported share price of $238.93.

Northwestern Mutual Wealth Management Co. lowered its holdings in Welltower Inc. (NYSE:WELL - Free Report) by 21.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Leonteq Securities AG increased its stake in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 60 shares during the period. Sound Income Strategies LLC increased its stake in Welltower by 124.6% in the first quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. Kilter Group LLC bought a new stake in shares of Welltower in the 2nd quarter valued at $29,000. Swiss RE Ltd. bought a new stake in shares of Welltower in the fourth quarter worth about $29,000. Finally, Quarry LP acquired a new stake in Welltower during the 3rd quarter worth approximately $33,000. Institutional investors and hedge funds own 94.80% of the company's stock.

Welltower Price Performance

Shares of WELL stock opened at $238.93 on Thursday. The company has a market cap of $172.20 billion, a P/E ratio of 109.60, a P/E/G ratio of 1.15 and a beta of 0.76. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.37. Welltower Inc. has a twelve month low of $163.75 and a twelve month high of $255.20. The business has a fifty day simple moving average of $236.84 and a 200 day simple moving average of $218.43.

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

Welltower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders 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 a positive change from Welltower's previous quarterly dividend of $0.74. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.4%. Welltower's payout ratio is 155.96%.

Insider Buying and Selling

In other Welltower news, Director Andrew Gundlach bought 5,000 shares of Welltower stock in a transaction on 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 acquisition, the director directly owned 25,000 shares of the company's stock, valued at $5,986,750. The trade was a 25.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.37% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. UBS Group increased their target price on Welltower from $249.00 to $271.00 and gave the stock a "buy" rating in a report on Wednesday, July 8th. Morgan Stanley upped their price target on shares of Welltower from $215.00 to $251.00 and gave the stock an "overweight" rating in a research report on Tuesday. Barclays upped their price objective on Welltower from $254.00 to $259.00 and gave the company an "equal weight" rating in a research note on Monday. Raymond James Financial started coverage on shares of Welltower in a research report on Tuesday, June 16th. They issued an "outperform" rating and a $226.00 price objective on the stock. Finally, Mizuho lifted their price target on Welltower from $239.00 to $260.00 and gave the stock an "outperform" rating in a report on Wednesday, July 22nd. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $251.06.

Welltower Company 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.

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