Wilmington Savings Fund Society FSB Purchases 143 Shares of Welltower Inc. (NYSE:WELL)

Wilmington Savings Fund Society FSB lifted its holdings in Welltower Inc. (NYSE:WELL) by 5.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,774 shares of the real estate investment trust’s stock after purchasing an additional 143 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Welltower were worth $350,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Valeo Financial Advisors LLC lifted its holdings in Welltower by 2.6% during the third quarter. Valeo Financial Advisors LLC now owns 3,668 shares of the real estate investment trust’s stock valued at $470,000 after purchasing an additional 94 shares in the last quarter. Creative Planning increased its holdings in shares of Welltower by 2.3% in the third quarter. Creative Planning now owns 165,077 shares of the real estate investment trust’s stock worth $21,135,000 after purchasing an additional 3,682 shares during the last quarter. Swedbank AB lifted its position in shares of Welltower by 2.8% in the third quarter. Swedbank AB now owns 646,046 shares of the real estate investment trust’s stock worth $82,713,000 after buying an additional 17,554 shares in the last quarter. Sumitomo Life Insurance Co. boosted its stake in Welltower by 2.4% during the third quarter. Sumitomo Life Insurance Co. now owns 16,672 shares of the real estate investment trust’s stock valued at $2,135,000 after buying an additional 385 shares during the last quarter. Finally, Vontobel Holding Ltd. grew its holdings in shares of Welltower by 10.4% in the third quarter. Vontobel Holding Ltd. now owns 19,617 shares of the real estate investment trust’s stock valued at $2,512,000 after purchasing an additional 1,846 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

WELL has been the topic of several recent research reports. 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 report on Friday, January 24th. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and increased their price target for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. Mizuho upped their price objective on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Scotiabank upped their price target on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a report on Monday, January 27th. Finally, Raymond James upped their target price 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. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Welltower presently has an average rating of “Moderate Buy” and an average price target of $134.96.

Welltower Stock Performance

Shares of NYSE:WELL opened at $143.40 on Wednesday. The business’s 50 day moving average price is $130.52 and its 200-day moving average price is $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. The firm has a market capitalization of $89.29 billion, a PE ratio of 94.34, a P/E/G ratio of 2.83 and a beta of 1.23. Welltower Inc. has a 1 year low of $85.40 and a 1 year high of $143.84.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.20% and a net margin of 12.22%. As a group, equities research analysts expect that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower 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.