Welltower Inc. (NYSE:WELL) Shares Acquired by Forsta AP Fonden

Forsta AP Fonden lifted its stake in Welltower Inc. (NYSE:WELL - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 156,900 shares of the real estate investment trust's stock after purchasing an additional 4,400 shares during the quarter. Forsta AP Fonden's holdings in Welltower were worth $19,774,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of WELL. NewEdge Advisors LLC lifted its position in shares of Welltower by 9.6% during the 2nd quarter. NewEdge Advisors LLC now owns 9,641 shares of the real estate investment trust's stock valued at $1,005,000 after buying an additional 848 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in Welltower during the 2nd quarter valued at $1,389,000. Cetera Investment Advisers boosted its position in Welltower by 4.3% during the 2nd quarter. Cetera Investment Advisers now owns 85,691 shares of the real estate investment trust's stock valued at $8,933,000 after acquiring an additional 3,517 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in Welltower by 2.4% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 121,278 shares of the real estate investment trust's stock worth $12,643,000 after purchasing an additional 2,878 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in Welltower during the 2nd quarter valued at approximately $8,794,000. Institutional investors own 94.80% of the company's stock.

Welltower Price Performance

Welltower stock traded up $2.59 during mid-day trading on Thursday, hitting $137.52. 384,945 shares of the company were exchanged, compared to its average volume of 2,464,274. Welltower Inc. has a 12-month low of $85.40 and a 12-month high of $140.75. The company has a market capitalization of $85.63 billion, a P/E ratio of 90.57, a PEG ratio of 2.64 and a beta of 1.22. The business's 50 day simple moving average is $130.08 and its two-hundred day simple moving average is $126.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10.

Welltower (NYSE:WELL - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing analysts' consensus estimates of $1.04 by ($0.31). The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.95 billion. Welltower had a net margin of 12.22% and a return on equity of 3.20%. The business's quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 EPS. Analysts forecast that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on WELL shares. StockNews.com raised shares of Welltower from a "sell" rating to a "hold" rating in a research note on Wednesday, October 30th. Jefferies Financial Group upgraded shares of Welltower from a "hold" rating to a "buy" rating and lifted their target price for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Mizuho increased their price target on Welltower from $136.00 to $141.00 and gave the company an "outperform" rating in a research report on Thursday, December 5th. Bank of America raised their target price on Welltower from $190.00 to $221.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Finally, Raymond James upped their price objective on shares of Welltower from $145.00 to $155.00 and gave the company a "strong-buy" rating in a research note 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 company. According to data from MarketBeat.com, Welltower has an average rating of "Moderate Buy" and a consensus target price of $134.96.

Welltower Company 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.