Raiffeisen Bank International AG lifted its position in shares of Welltower Inc. (NYSE:WELL – Free Report) by 23.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 21,369 shares of the real estate investment trust’s stock after acquiring an additional 4,066 shares during the period. Raiffeisen Bank International AG’s holdings in Welltower were worth $4,866,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the company. Syon Capital LLC increased its holdings in shares of Welltower by 6.1% in the 2nd quarter. Syon Capital LLC now owns 5,908 shares of the real estate investment trust’s stock worth $1,341,000 after acquiring an additional 340 shares during the period. TD Waterhouse Canada Inc. grew its position in Welltower by 11.8% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 65,218 shares of the real estate investment trust’s stock worth $15,021,000 after purchasing an additional 6,889 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in Welltower by 6.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 24,143 shares of the real estate investment trust’s stock worth $5,480,000 after purchasing an additional 1,556 shares during the last quarter. NEOS Investment Management LLC grew its position in Welltower by 12.6% in the 2nd quarter. NEOS Investment Management LLC now owns 248,161 shares of the real estate investment trust’s stock worth $56,325,000 after purchasing an additional 27,825 shares during the last quarter. Finally, Power Wealth Management LLC acquired a new stake in shares of Welltower in the second quarter valued at approximately $244,000. Institutional investors and hedge funds own 94.80% of the company’s stock.
Insider Buying and Selling at Welltower
In other 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 $5,986,750. This represents a 25.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 0.37% of the stock is currently owned by company insiders.
Welltower Price Performance
Welltower (NYSE:WELL – Get Free Report) 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). The firm had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.Welltower’s revenue for the quarter was up 39.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, equities research analysts forecast that Welltower Inc. will post 6.43 EPS for the current fiscal year.
Welltower Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Wednesday, August 12th were issued a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 1.4%. This is a positive change from Welltower’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, August 12th. Welltower’s payout ratio is currently 155.96%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on WELL shares. Barclays lifted their price target on Welltower from $254.00 to $259.00 and gave the company an “equal weight” rating in a report on Monday. Jefferies Financial Group raised 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 lifted their target price on Welltower from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Raymond James Financial started coverage on Welltower in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $226.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective 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. 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 MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $251.06.
Get Our Latest Stock Analysis on WELL
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.
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