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

Key Points

• NEOS Investment Management increased its Welltower stake by 12.6% during the second quarter, holding 248,161 shares valued at approximately $56.33 million. Institutional investors collectively own 94.8% of Welltower.
• Analysts remain broadly positive, with 14 Buy ratings and three Holds, a “Moderate Buy” consensus, and an average price target of $251.06. Recent target increases ranged from $248 to $275.
• Welltower reported quarterly revenue of $3.54 billion, up 39.1% year over year, though adjusted earnings of $0.61 per share missed estimates. The company also raised its quarterly dividend to $0.85 per share, equal to a 1.4% annualized yield.

NEOS Investment Management LLC lifted its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 12.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 248,161 shares of the real estate investment trust's stock after buying an additional 27,825 shares during the quarter. NEOS Investment Management LLC's holdings in Welltower were worth $56,325,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of WELL. Norges Bank bought a new stake in shares of Welltower during the 4th quarter valued at $5,466,264,000. Bank of America Corp DE acquired a new stake in shares of Welltower during the second quarter worth about $4,425,089,000. Cardano Risk Management B.V. raised its holdings in shares of Welltower by 955.3% during the fourth quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust's stock worth $1,765,808,000 after acquiring an additional 8,612,016 shares during the period. Legal & General Group Plc bought a new stake in shares of Welltower in the second quarter valued at about $1,599,351,000. Finally, Capital World Investors lifted its stake in Welltower by 153.0% in the 4th quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust's stock valued at $1,994,290,000 after acquiring an additional 6,497,258 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Welltower news, Director Andrew Gundlach bought 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The stock was acquired at an average price of $239.47 per share, with a total value of $1,197,350.00. Following the completion of the purchase, the director directly owned 25,000 shares of the company's stock, valued at approximately $5,986,750. This trade represents a 25.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.37% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have commented on WELL. KeyCorp boosted their price target on shares of Welltower from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 4th. Weiss Ratings cut shares of Welltower from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, June 24th. Jefferies Financial Group upped 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. Deutsche Bank Aktiengesellschaft upped their price target on shares of Welltower from $215.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, July 1st. Finally, Mizuho lifted their price target on shares of Welltower from $239.00 to $260.00 and gave the company an "outperform" rating in a research report on Wednesday, July 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $251.06.

Welltower Stock Up 1.0%

NYSE: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. Welltower Inc. has a one year low of $163.75 and a one year high of $255.20. The company has a market cap of $173.63 billion, a PE ratio of 110.50, a P/E/G ratio of 1.14 and a beta of 0.76. The firm's 50 day simple moving average is $237.19 and its 200 day simple moving average is $218.64.

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

Welltower Increases Dividend

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

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