The Manufacturers Life Insurance Company Sells 17,860 Shares of Welltower Inc. $WELL

The Manufacturers Life Insurance Company lowered its holdings in shares of Welltower Inc. (NYSE:WELL) by 4.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 403,898 shares of the real estate investment trust’s stock after selling 17,860 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Welltower were worth $91,673,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Leonteq Securities AG boosted its stake in Welltower by 92.3% during the first 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 last quarter. Kilter Group LLC bought a new stake in Welltower in the 2nd quarter worth approximately $29,000. Sound Income Strategies LLC raised 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 acquiring an additional 76 shares in the last quarter. Solstein Capital LLC purchased a new stake in shares of Welltower during the 2nd quarter worth approximately $34,000. Finally, Swiss RE Ltd. bought a new position in shares of Welltower during the 4th quarter valued at approximately $29,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Raymond James Financial initiated coverage on shares of Welltower in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target on the stock. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Mizuho lifted their price objective on shares of Welltower from $239.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Morgan Stanley boosted their target price on shares of Welltower from $215.00 to $251.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. Finally, Scotiabank upped their target price on shares of Welltower from $244.00 to $251.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $251.06.

Welltower Stock Performance

NYSE WELL opened at $235.44 on Friday. The business’s 50 day moving average price is $237.86 and its 200-day moving average price is $219.68. Welltower Inc. has a fifty-two week low of $163.75 and a fifty-two week high of $255.20. The company has a market cap of $169.69 billion, a P/E ratio of 108.00, a P/E/G ratio of 1.13 and a beta of 0.76. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16.

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

Welltower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued a $0.85 dividend. The ex-dividend date was Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. Welltower’s dividend payout ratio (DPR) is currently 155.96%.

Insider Buying and Selling at Welltower

In other Welltower news, Director Andrew Gundlach purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was purchased at an average cost of $239.47 per share, with a total value of $1,197,350.00. Following the purchase, the director owned 25,000 shares of the company’s stock, valued at approximately $5,986,750. The trade was a 25.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.37% of the company’s stock.

Welltower Company Profile

Welltower Inc is a real estate investment trust (REIT) that owns, operates and finances healthcare-related real estate. The company focuses on properties that support healthcare delivery and services, including senior housing communities, outpatient medical facilities and post-acute care properties.

Welltower partners with healthcare providers, senior housing operators and other service providers to develop and manage facilities designed to serve aging populations and patients requiring ongoing or specialized care.