Nisa Investment Advisors LLC Has $40.57 Million Position in Welltower Inc. $WELL

Nisa Investment Advisors LLC lowered its stake in Welltower Inc. (NYSE:WELL) by 5.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 263,923 shares of the real estate investment trust’s stock after selling 16,106 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Welltower were worth $40,573,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in WELL. SouthState Corp grew its holdings in Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 148 shares during the period. Wealth Preservation Advisors LLC bought a new stake in shares of Welltower in the first quarter worth about $27,000. Smallwood Wealth Investment Management LLC bought a new stake in Welltower during the 1st quarter worth approximately $28,000. Hughes Financial Services LLC acquired a new position in shares of Welltower during the first quarter worth about $31,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Welltower during the 1st quarter worth about $32,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Performance

NYSE WELL opened at $178.04 on Friday. The stock has a fifty day simple moving average of $170.05 and a 200 day simple moving average of $159.30. Welltower Inc. has a twelve month low of $123.11 and a twelve month high of $180.40. The company has a market capitalization of $119.08 billion, a price-to-earnings ratio of 100.59, a PEG ratio of 1.99 and a beta of 0.92. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.49 billion. Welltower had a net margin of 12.18% and a return on equity of 3.38%. The business’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period last year, the firm earned $1.05 earnings per share. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Sell-side analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Tuesday, August 12th were paid a $0.74 dividend. The ex-dividend date was Tuesday, August 12th. This is a positive change from Welltower’s previous quarterly dividend of $0.67. This represents a $2.96 dividend on an annualized basis and a yield of 1.7%. Welltower’s dividend payout ratio is presently 167.23%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on WELL shares. National Bankshares set a $246.00 price objective on Welltower in a research note on Friday, October 17th. Wells Fargo & Company increased their target price on Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday. UBS Group assumed coverage on Welltower in a report on Friday, September 19th. They set a “buy” rating and a $195.00 target price for the company. Cantor Fitzgerald assumed coverage on shares of Welltower in a report on Wednesday, October 1st. They issued an “overweight” rating and a $195.00 price objective for the company. Finally, KeyCorp increased their price target on Welltower from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $186.43.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.