3,452 Shares in Welltower Inc. (NYSE:WELL) Acquired by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC acquired a new stake in shares of Welltower Inc. (NYSE:WELL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,452 shares of the real estate investment trust’s stock, valued at approximately $435,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its holdings in shares of Welltower by 10.6% during the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock valued at $2,392,349,000 after buying an additional 1,797,330 shares during the last quarter. FMR LLC raised its position in Welltower by 38.1% during the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after acquiring an additional 3,977,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Welltower by 638.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock valued at $886,022,000 after acquiring an additional 5,982,711 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Welltower by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock worth $776,657,000 after purchasing an additional 46,332 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Welltower by 6.6% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,106,666 shares of the real estate investment trust’s stock worth $391,533,000 after purchasing an additional 192,303 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

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

Welltower Stock Up 0.2 %

NYSE WELL opened at $143.40 on Wednesday. Welltower Inc. has a twelve month low of $85.40 and a twelve month high of $143.84. The stock has a market cap of $89.29 billion, a PE ratio of 94.34, a PEG ratio of 2.83 and a beta of 1.23. The firm has a 50-day simple moving average of $130.52 and a 200 day simple moving average of $128.04. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10.

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

About Welltower

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.