Welltower Inc. (NYSE:WELL) Shares Purchased by Mather Group LLC.

Mather Group LLC. raised its stake in Welltower Inc. (NYSE:WELL) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,053 shares of the real estate investment trust’s stock after acquiring an additional 75 shares during the period. Mather Group LLC.’s holdings in Welltower were worth $259,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Longboard Asset Management LP acquired a new stake in shares of Welltower in the 4th quarter worth about $279,000. WESPAC Advisors SoCal LLC grew its position in Welltower by 35.7% in the 4th quarter. WESPAC Advisors SoCal LLC now owns 32,225 shares of the real estate investment trust’s stock worth $4,061,000 after purchasing an additional 8,481 shares during the last quarter. abrdn plc increased its stake in shares of Welltower by 2.0% in the fourth quarter. abrdn plc now owns 1,337,207 shares of the real estate investment trust’s stock valued at $167,692,000 after purchasing an additional 26,146 shares during the period. Childress Capital Advisors LLC raised its holdings in shares of Welltower by 3.7% during the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock valued at $271,000 after buying an additional 76 shares during the last quarter. Finally, GDS Wealth Management boosted its position in shares of Welltower by 688.0% during the fourth quarter. GDS Wealth Management now owns 26,903 shares of the real estate investment trust’s stock worth $3,391,000 after buying an additional 23,489 shares during the period. 94.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Scotiabank raised their target price on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research report on Monday, January 27th. Bank of America lifted their price objective on shares of Welltower from $190.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Mizuho increased their target price on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and boosted their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Finally, Raymond James raised 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 investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Welltower currently has an average rating of “Moderate Buy” and an average target price of $134.96.

Welltower Stock Performance

Shares of NYSE WELL opened at $142.49 on Friday. The stock’s fifty day simple moving average is $130.19 and its 200 day simple moving average is $127.20. The stock has a market capitalization of $88.73 billion, a price-to-earnings ratio of 93.75, a PEG ratio of 2.71 and a beta of 1.23. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 52-week low of $85.40 and a 52-week high of $143.16.

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.