E. Ohman J or Asset Management AB Has $3.61 Million Position in Welltower Inc. (NYSE:WELL)

E. Ohman J or Asset Management AB boosted its position in Welltower Inc. (NYSE:WELL) by 19.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 28,674 shares of the real estate investment trust’s stock after purchasing an additional 4,620 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Welltower were worth $3,614,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in shares of Welltower by 9.6% in the second quarter. NewEdge Advisors LLC now owns 9,641 shares of the real estate investment trust’s stock valued at $1,005,000 after acquiring an additional 848 shares during the last quarter. Cetera Investment Advisers grew its stake in Welltower by 4.3% in the second quarter. Cetera Investment Advisers now owns 85,691 shares of the real estate investment trust’s stock valued at $8,933,000 after purchasing an additional 3,517 shares in the last quarter. Czech National Bank increased its position in shares of Welltower by 3.5% during the 3rd quarter. Czech National Bank now owns 117,885 shares of the real estate investment trust’s stock worth $15,093,000 after purchasing an additional 3,947 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Welltower by 32.0% during the 3rd quarter. GAMMA Investing LLC now owns 9,083 shares of the real estate investment trust’s stock worth $1,163,000 after purchasing an additional 2,201 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV boosted its holdings in shares of Welltower by 4.0% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 9,743 shares of the real estate investment trust’s stock valued at $1,247,000 after buying an additional 378 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

WELL has been the topic of a number of recent analyst reports. Bank of America boosted their target price on shares of Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Raymond James lifted their price target on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Finally, Mizuho upped their price objective on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $134.96.

Welltower Stock Up 2.9 %

Shares of NYSE WELL opened at $140.37 on Tuesday. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $140.75. The stock’s fifty day moving average is $130.04 and its 200 day moving average is $126.63. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The stock has a market capitalization of $87.41 billion, a P/E ratio of 92.35, a PEG ratio of 2.71 and a beta of 1.23.

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.