Northwestern Mutual Wealth Management Co. Purchases New Stake in Welltower Inc. $WELL

Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Welltower Inc. (NYSE:WELL) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 67,922 shares of the real estate investment trust’s stock, valued at approximately $15,416,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Leonteq Securities AG raised its position in shares of Welltower by 92.3% in the first quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares during the period. Kilter Group LLC bought a new stake in shares of Welltower during the 2nd quarter worth about $29,000. Sound Income Strategies LLC boosted its holdings in shares of Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 76 shares during the period. Swiss RE Ltd. acquired a new position in Welltower in the 4th quarter valued at about $29,000. Finally, Summit Securities Group LLC grew its stake in Welltower by 42.6% in the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 49 shares during the last quarter. 94.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. UBS Group raised their price objective on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Royal Bank Of Canada upped their target price on Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Mizuho increased their target price on Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft lifted their price target on Welltower from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Finally, KeyCorp boosted their price target on Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $246.11.

Welltower Stock Up 1.1%

Shares of WELL opened at $239.95 on Friday. 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’s 50 day moving average is $232.48 and its 200-day moving average is $215.83. The stock has a market capitalization of $172.94 billion, a PE ratio of 110.07, a P/E/G ratio of 1.14 and a beta of 0.76.

Welltower (NYSE:WELL) last issued 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 during 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 quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Equities research analysts forecast that Welltower Inc. will post 6.44 EPS for the current year.

Welltower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were issued a $0.85 dividend. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $3.40 annualized dividend and a yield of 1.4%. This is a boost from Welltower’s previous quarterly dividend of $0.74. Welltower’s payout ratio 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.