Childress Capital Advisors LLC Increases Stock Position in Welltower Inc. (NYSE:WELL)

Childress Capital Advisors LLC lifted its holdings in Welltower Inc. (NYSE:WELL) by 3.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,152 shares of the real estate investment trust’s stock after acquiring an additional 76 shares during the quarter. Childress Capital Advisors LLC’s holdings in Welltower were worth $271,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WELL. Wellington Management Group LLP raised its holdings in Welltower by 10.6% in the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock worth $2,392,349,000 after buying an additional 1,797,330 shares during the last quarter. FMR LLC raised its holdings in Welltower by 38.1% in the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock worth $1,847,289,000 after acquiring an additional 3,977,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in 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 acquiring an additional 5,982,711 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Welltower by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock worth $776,657,000 after purchasing an additional 46,332 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Welltower by 11.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,914,363 shares of the real estate investment trust’s stock worth $373,126,000 after purchasing an additional 291,839 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Raymond James lifted their price objective on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. Mizuho lifted their price target on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Bank of America raised their target price on shares of Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Scotiabank boosted their target price on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research note on Monday, January 27th. Finally, StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research note 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.96.

Welltower Stock Up 2.9 %

Welltower stock opened at $140.37 on Tuesday. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. The firm has a market cap of $87.41 billion, a P/E ratio of 92.35, a P/E/G ratio of 2.71 and a beta of 1.22. The business has a fifty day moving average of $130.04 and a two-hundred day moving average of $126.63. Welltower Inc. has a twelve month low of $85.40 and a twelve month high of $140.75.

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.