Welltower Inc. $WELL Position Increased by Savant Capital LLC

Savant Capital LLC lifted its holdings in Welltower Inc. (NYSE:WELL) by 25.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 13,330 shares of the real estate investment trust’s stock after purchasing an additional 2,721 shares during the period. Savant Capital LLC’s holdings in Welltower were worth $2,375,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Global Wealth Strategies & Associates bought a new position in Welltower in the third quarter worth about $36,000. Newbridge Financial Services Group Inc. raised its position in shares of Welltower by 39.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 87 shares during the period. Copia Wealth Management acquired a new stake in shares of Welltower during the 2nd quarter worth approximately $51,000. NewSquare Capital LLC lifted its holdings in shares of Welltower by 30.2% in the 2nd quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 84 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new position in Welltower during the 3rd quarter valued at approximately $59,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WELL has been the topic of several analyst reports. Loop Capital set a $196.00 target price on Welltower in a research report on Wednesday, October 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $204.00 price objective on shares of Welltower in a report on Monday, January 5th. National Bankshares set a $246.00 price objective on shares of Welltower in a research report on Friday, October 17th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $205.00 target price on shares of Welltower in a research report on Thursday, December 18th. Finally, UBS Group dropped their price target on shares of Welltower from $232.00 to $228.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $204.80.

Welltower Stock Up 2.7%

WELL stock opened at $196.16 on Friday. The firm’s 50-day moving average is $189.33 and its two-hundred day moving average is $180.10. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $134.63 billion, a price-to-earnings ratio of 135.28, a price-to-earnings-growth ratio of 1.36 and a beta of 0.85. Welltower Inc. has a 52 week low of $130.29 and a 52 week high of $209.05.

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.