Welltower Inc. (NYSE:WELL) Position Boosted by Summit Trail Advisors LLC

Summit Trail Advisors LLC lifted its holdings in Welltower Inc. (NYSE:WELL) by 21.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,185 shares of the real estate investment trust’s stock after acquiring an additional 742 shares during the quarter. Summit Trail Advisors LLC’s holdings in Welltower were worth $527,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new position in Welltower in the fourth quarter worth approximately $25,000. Fortitude Family Office LLC lifted its position in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 78 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 187 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Welltower in the 3rd quarter worth $50,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Welltower in the 3rd quarter worth $59,000. 94.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and increased their price target for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Bank of America upped their price objective 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. Scotiabank lifted their target price on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research report on Monday, January 27th. Mizuho upped their price target on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Finally, Raymond James lifted their price objective on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $134.96.

Welltower Trading Up 0.2 %

NYSE WELL opened at $143.40 on Wednesday. The company has a market capitalization of $89.29 billion, a PE ratio of 94.34, a price-to-earnings-growth 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. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. The firm’s fifty day simple moving average is $130.52 and its 200-day simple moving average is $128.04.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating 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%. As a group, sell-side analysts anticipate that Welltower Inc. will post 4.3 earnings per share for the current fiscal 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.