Welltower Inc. (NYSE:WELL) Shares Acquired by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB raised its holdings in shares of Welltower Inc. (NYSE:WELL) by 5.4% in the 4th quarter, HoldingsChannel reports. The fund owned 2,774 shares of the real estate investment trust’s stock after buying an additional 143 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Welltower were worth $350,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Mather Group LLC. boosted its stake in Welltower by 3.8% during the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 75 shares during the period. Childress Capital Advisors LLC increased its holdings in Welltower by 3.7% in the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock valued at $271,000 after buying an additional 76 shares in the last quarter. Fortitude Family Office LLC raised its stake in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 78 shares during the last quarter. Old North State Wealth Management LLC lifted its stake in Welltower by 0.6% in the 3rd quarter. Old North State Wealth Management LLC now owns 12,864 shares of the real estate investment trust’s stock valued at $1,648,000 after buying an additional 78 shares in the last quarter. Finally, Frank Rimerman Advisors LLC raised its stake in Welltower by 0.9% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,617 shares of the real estate investment trust’s stock valued at $1,231,000 after purchasing an additional 82 shares during the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on WELL shares. Scotiabank increased their price target on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research note on Monday, January 27th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and boosted their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Raymond James raised their price objective on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Finally, Bank of America upped their target price on shares of Welltower from $190.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.96.

Welltower Stock Up 0.2 %

Shares of NYSE:WELL opened at $143.40 on Wednesday. The stock has a market cap of $89.29 billion, a price-to-earnings ratio of 94.34, a P/E/G ratio of 2.83 and a beta of 1.23. The company has a 50 day moving average of $130.52 and a 200-day moving average of $128.04. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10. Welltower Inc. has a one year low of $85.40 and a one year high of $143.84.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 12.22% and a return on equity of 3.20%. On average, sell-side analysts forecast that Welltower Inc. will post 4.3 earnings per share for the current year.

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.