Blue Trust Inc. Has $964,000 Position in Welltower Inc. (NYSE:WELL)

Blue Trust Inc. grew its holdings in shares of Welltower Inc. (NYSE:WELL) by 32.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,532 shares of the real estate investment trust’s stock after acquiring an additional 1,844 shares during the period. Blue Trust Inc.’s holdings in Welltower were worth $964,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Welltower by 638.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock valued at $886,022,000 after buying an additional 5,982,711 shares during the period. FMR LLC grew its stake in shares of Welltower by 38.1% in the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after buying an additional 3,977,845 shares during the period. Wellington Management Group LLP grew its stake in shares of Welltower by 10.6% in the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock valued at $2,392,349,000 after buying an additional 1,797,330 shares during the period. Barclays PLC grew its stake in shares of Welltower by 29.2% in the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock valued at $215,659,000 after buying an additional 380,888 shares during the period. Finally, Nordea Investment Management AB grew its stake in shares of 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 valued at $185,649,000 after buying an additional 324,520 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Trading Down 0.8 %

NYSE:WELL opened at $137.28 on Wednesday. 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 stock has a market capitalization of $85.48 billion, a PE ratio of 90.32, a price-to-earnings-growth ratio of 2.64 and a beta of 1.22. The firm’s 50 day moving average is $130.15 and its 200 day moving average is $125.76. Welltower Inc. has a 12 month low of $85.40 and a 12 month high of $140.75.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The company’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period last year, the firm posted $0.92 EPS. Sell-side analysts expect that Welltower Inc. will post 4.3 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Mizuho raised 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. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and raised their price target for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Scotiabank raised their price target on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research report on Monday. Bank of America raised their price target 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. Finally, StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Five investment 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. Based on data from MarketBeat, Welltower currently has a consensus rating of “Moderate Buy” and a consensus 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.