Nuveen LLC Lowers Position in Welltower Inc. $WELL

Nuveen LLC lessened its stake in Welltower Inc. (NYSE:WELL) by 0.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,065,776 shares of the real estate investment trust’s stock after selling 7,485 shares during the period. Nuveen LLC owned about 0.74% of Welltower worth $940,259,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Hager Investment Management Services LLC lifted its position in shares of Welltower by 84.4% during the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Marquette Asset Management LLC lifted its position in shares of Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 59 shares in the last quarter. Quarry LP purchased a new position in shares of Welltower during the 3rd quarter valued at approximately $33,000. Financial Consulate Inc. purchased a new position in shares of Welltower during the 4th quarter valued at approximately $34,000. Finally, Morse Asset Management Inc lifted its position in shares of Welltower by 56.3% during the 4th quarter. Morse Asset Management Inc now owns 211 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 76 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Down 0.1%

NYSE WELL opened at $211.15 on Friday. The business has a fifty day moving average price of $209.67 and a 200 day moving average price of $201.21. Welltower Inc. has a one year low of $148.97 and a one year high of $221.68. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.31 and a current ratio of 4.31. The company has a market cap of $149.05 billion, a P/E ratio of 104.53, a P/E/G ratio of 1.09 and a beta of 0.79.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, beating the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the prior year, the company 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 anticipate that Welltower Inc. will post 6.32 EPS for the current fiscal year.

Welltower Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WELL. Weiss Ratings upgraded Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. Jefferies Financial Group increased their target price on Welltower from $237.00 to $248.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. KeyCorp increased their target price on Welltower from $210.00 to $240.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. Morgan Stanley increased their target price on Welltower from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. Finally, Mizuho set a $239.00 target price on Welltower in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $231.60.

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.