NEOS Investment Management LLC Has $56.33 Million Holdings in Welltower Inc. $WELL

NEOS Investment Management LLC grew its position in shares of Welltower Inc. (NYSE:WELL) by 12.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 248,161 shares of the real estate investment trust’s stock after buying an additional 27,825 shares during the period. NEOS Investment Management LLC’s holdings in Welltower were worth $56,325,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Leonteq Securities AG lifted its holdings in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Sound Income Strategies LLC increased its stake in Welltower by 124.6% during the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. Kilter Group LLC acquired a new position in Welltower during the second quarter worth $29,000. Swiss RE Ltd. acquired a new position in Welltower during the fourth quarter worth $29,000. Finally, Quarry LP bought a new position in shares of Welltower in the third quarter valued at $33,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WELL. KeyCorp lifted their price objective on shares of Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Weiss Ratings lowered shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Barclays raised their price target on shares of Welltower from $254.00 to $259.00 and gave the company an “equal weight” rating in a research report on Monday. Royal Bank Of Canada lifted their price target on Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Finally, Wells Fargo & Company boosted their price objective on Welltower from $237.00 to $266.00 and gave the stock an “overweight” rating in a report on Tuesday. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and an average price target of $251.06.

Welltower Price Performance

WELL opened at $240.90 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.16 and a quick ratio of 3.16. The company has a market capitalization of $173.63 billion, a price-to-earnings ratio of 110.50, a P/E/G ratio of 1.14 and a beta of 0.76. The firm’s fifty day moving average price is $237.19 and its two-hundred day moving average price is $218.64. Welltower Inc. has a 1 year low of $163.75 and a 1 year high of $255.20.

Welltower (NYSE:WELL) last announced its 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 during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the prior year, the company earned $1.28 EPS. 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. As a group, analysts anticipate that Welltower Inc. will post 6.43 earnings per share for the current fiscal year.

Welltower Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were given a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.74. Welltower’s payout ratio is currently 155.96%.

Insider Buying and Selling

In other news, Director Andrew Gundlach acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was purchased at an average price of $239.47 per share, for a total transaction of $1,197,350.00. Following the purchase, the director owned 25,000 shares in the company, valued at approximately $5,986,750. This represents a 25.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.37% of the company’s stock.

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.