Caprock Group LLC Has $1.18 Million Position in Welltower Inc. (NYSE:WELL)

Caprock Group LLC boosted its stake in Welltower Inc. (NYSE:WELL) by 9.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,372 shares of the real estate investment trust’s stock after purchasing an additional 843 shares during the quarter. Caprock Group LLC’s holdings in Welltower were worth $1,181,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in Welltower by 9.6% in 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. Cetera Investment Advisers increased its holdings in shares of Welltower by 4.3% during the second 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. Czech National Bank raised its position in shares of Welltower by 3.5% during the third quarter. Czech National Bank now owns 117,885 shares of the real estate investment trust’s stock worth $15,093,000 after purchasing an additional 3,947 shares during the period. Handelsbanken Fonder AB lifted its holdings in shares of Welltower by 7.6% in the 3rd quarter. Handelsbanken Fonder AB now owns 317,018 shares of the real estate investment trust’s stock worth $40,588,000 after purchasing an additional 22,369 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Welltower by 32.0% in the 3rd quarter. GAMMA Investing LLC now owns 9,083 shares of the real estate investment trust’s stock worth $1,163,000 after purchasing an additional 2,201 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Welltower Price Performance

WELL opened at $136.49 on Monday. Welltower Inc. has a fifty-two week low of $85.40 and a fifty-two week high of $140.75. The firm has a 50-day moving average of $130.04 and a 200 day moving average of $126.49. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The firm has a market cap of $84.99 billion, a P/E ratio of 89.80, a PEG ratio of 2.68 and a beta of 1.22.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and upped their price objective for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Scotiabank lifted their price target on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research note on Monday, January 27th. Mizuho increased their price objective on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Finally, Raymond James lifted their target price on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Five 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $134.96.

Welltower 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.