Welltower Inc. (NYSE:WELL) Shares Sold by Windward Capital Management Co. CA

Windward Capital Management Co. CA reduced its stake in shares of Welltower Inc. (NYSE:WELL) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,872 shares of the real estate investment trust’s stock after selling 589 shares during the quarter. Windward Capital Management Co. CA’s holdings in Welltower were worth $6,159,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in WELL. Laurel Wealth Advisors LLC purchased a new stake in shares of Welltower during the 4th quarter worth approximately $25,000. Fortitude Family Office LLC boosted its position in Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares in the last quarter. Versant Capital Management Inc boosted its position in Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 187 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Welltower in the third quarter valued at $50,000. Finally, FSA Wealth Management LLC purchased a new position in shares of Welltower in the third quarter valued at $59,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Stock Down 1.0 %

Shares of NYSE:WELL opened at $138.95 on Wednesday. The stock’s 50-day moving average price is $130.13 and its two-hundred day moving average price is $126.87. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 12-month low of $85.40 and a 12-month high of $140.75. The firm has a market cap of $86.52 billion, a price-to-earnings ratio of 91.42, a PEG ratio of 2.71 and a beta of 1.23.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WELL. 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 report on Thursday, January 2nd. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Raymond James raised their price objective 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. Mizuho upped their target price on Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Finally, Scotiabank raised their price target on Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research report on Monday, January 27th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.