Securian Asset Management Inc. Cuts Stock Holdings in Welltower Inc. $WELL

Securian Asset Management Inc. decreased its holdings in shares of Welltower Inc. (NYSE:WELL) by 42.4% in the 4th quarter, Holdings Channel reports. The firm owned 18,589 shares of the real estate investment trust’s stock after selling 13,711 shares during the period. Securian Asset Management Inc.’s holdings in Welltower were worth $3,450,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hager Investment Management Services LLC boosted its stake in Welltower by 84.4% in the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 65 shares in the last quarter. Marquette Asset Management LLC lifted its position in Welltower by 62.8% in the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares during the last quarter. Quarry LP bought a new position in shares of Welltower during the third quarter valued at approximately $33,000. Financial Consulate Inc. bought a new position in shares of Welltower during the fourth quarter valued at approximately $34,000. Finally, MMA Asset Management LLC bought a new position in shares of Welltower during the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

WELL has been the topic of a number of research reports. BMO Capital Markets restated an “outperform” rating and set a $245.00 target price on shares of Welltower in a report on Monday, May 4th. Scotiabank raised their price target on Welltower from $214.00 to $236.00 and gave the company a “sector outperform” rating in a report on Monday, March 2nd. Mizuho lifted their price objective on Welltower from $216.00 to $231.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. Royal Bank Of Canada lifted their price objective on Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Finally, Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Welltower has an average rating of “Moderate Buy” and an average target price of $228.53.

Welltower Stock Down 0.1%

NYSE WELL opened at $214.46 on Monday. The stock’s 50 day moving average is $206.17 and its 200 day moving average is $196.94. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40. Welltower Inc. has a 12 month low of $142.65 and a 12 month high of $219.59. The stock has a market cap of $151.39 billion, a PE ratio of 106.17, a P/E/G ratio of 1.12 and a beta of 0.83.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the previous year, the firm earned $1.20 EPS. The firm’s revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Research analysts predict that Welltower Inc. will post 6.29 EPS for the current fiscal year.

Welltower Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th will be issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, May 13th. Welltower’s dividend payout ratio is 146.53%.

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.