Tokio Marine Asset Management Co. Ltd. Purchases 1,758 Shares of Welltower Inc. (NYSE:WELL)

Tokio Marine Asset Management Co. Ltd. boosted its position in Welltower Inc. (NYSE:WELL) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,394 shares of the real estate investment trust’s stock after purchasing an additional 1,758 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Welltower were worth $2,444,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Retirement Systems of Alabama grew its stake in shares of Welltower by 3.7% in the 3rd quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock worth $60,228,000 after buying an additional 16,946 shares during the last quarter. Barclays PLC grew its stake in shares of Welltower by 29.2% in the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after acquiring an additional 380,888 shares during the last quarter. Diversified Trust Co increased its holdings in shares of Welltower by 93.8% during the third quarter. Diversified Trust Co now owns 18,474 shares of the real estate investment trust’s stock valued at $2,365,000 after acquiring an additional 8,940 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Welltower by 20.1% in the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock worth $1,696,000 after purchasing an additional 2,250 shares during the last quarter. Finally, Nordea Investment Management AB boosted its stake in Welltower by 28.1% in the 4th quarter. Nordea Investment Management AB now owns 1,477,388 shares of the real estate investment trust’s stock worth $185,649,000 after purchasing an additional 324,520 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

WELL has been the subject of several recent analyst reports. Bank of America lifted 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. 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 report on Monday, December 16th. Scotiabank upped their price objective on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research report on Monday, January 27th. StockNews.com raised Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Finally, Mizuho increased 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. Five equities research 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $134.96.

Welltower Stock Down 0.5 %

WELL opened at $136.49 on Monday. The firm’s 50 day simple moving average is $130.04 and its two-hundred day simple moving average is $126.49. The company has a market capitalization of $84.99 billion, a PE ratio of 89.80, a PEG ratio of 2.68 and a beta of 1.22. Welltower Inc. has a 1-year low of $85.40 and a 1-year high of $140.75. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51.

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.