Northwestern Mutual Wealth Management Co. Takes $15.42 Million Position in Welltower Inc. $WELL

Key Points

• Northwestern Mutual Wealth Management acquired 67,922 Welltower shares worth approximately $15.42 million in the second quarter. Institutional investors collectively own 94.8% of the REIT’s stock.
• Analyst sentiment remains favorable, with 14 Buy ratings and three Holds producing a consensus “Moderate Buy” rating and an average price target of $246.11.
• Welltower reported second-quarter revenue of $3.54 billion, up 39.1% year over year, although earnings of $0.61 per share missed estimates. The company also raised its quarterly dividend to $0.85 per share, representing a 1.4% annualized yield.

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Welltower Inc. (NYSE:WELL - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 67,922 shares of the real estate investment trust's stock, valued at approximately $15,416,000.

A number of other hedge funds have also modified their holdings of WELL. Revolve Wealth Partners LLC raised its position in Welltower by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust's stock valued at $316,000 after buying an additional 45 shares during the last quarter. Family Wealth Partners LLC boosted its position in Welltower by 1.3% during the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust's stock worth $835,000 after acquiring an additional 48 shares during the last quarter. Summit Securities Group LLC grew its stake in shares of Welltower by 42.6% during the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 49 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Welltower by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust's stock worth $367,000 after acquiring an additional 49 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Welltower by 0.7% in the first quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust's stock valued at $1,416,000 after purchasing an additional 50 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Wells Fargo & Company boosted their price objective on shares of Welltower from $228.00 to $237.00 and gave the stock an "overweight" rating in a research report on Monday, June 1st. Barclays began coverage on shares of Welltower in a research note on Tuesday, July 7th. They issued an "equal weight" rating and a $254.00 price target on the stock. Wall Street Zen raised shares of Welltower from a "sell" rating to a "hold" rating in a research report on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Welltower from $215.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, July 1st. Finally, Weiss Ratings cut Welltower from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, June 24th. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $246.11.

Welltower Stock Performance

Shares of WELL stock opened at $239.95 on Friday. The company has a fifty day moving average price of $232.48 and a two-hundred day moving average price of $215.83. Welltower Inc. has a one year low of $163.75 and a one year high of $255.20. The stock has a market cap of $172.94 billion, a P/E ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16.

Welltower (NYSE:WELL - Get Free Report) last released 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). The firm had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The firm's revenue for the quarter was up 39.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities analysts predict that Welltower Inc. will post 6.44 EPS for the current year.

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were given a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. This is a boost from Welltower's previous quarterly dividend of $0.74. The ex-dividend date of this dividend was Wednesday, August 12th. Welltower's dividend payout ratio (DPR) is presently 155.96%.

Welltower 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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