Moloney Securities Asset Management LLC Decreases Stock Holdings in Welltower Inc. (NYSE:WELL)

Moloney Securities Asset Management LLC cut its stake in Welltower Inc. (NYSE:WELL) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,873 shares of the real estate investment trust’s stock after selling 165 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Welltower were worth $236,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Welltower by 638.0% in the third 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 worth $886,022,000 after purchasing an additional 5,982,711 shares during the last quarter. FMR LLC boosted 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 worth $1,847,289,000 after buying an additional 3,977,845 shares during the last quarter. Wellington Management Group LLP boosted 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 worth $2,392,349,000 after buying an additional 1,797,330 shares during the last quarter. Barclays PLC grew its holdings in shares of Welltower by 29.2% in the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after acquiring an additional 380,888 shares during the period. Finally, Nordea Investment Management AB increased its position in Welltower by 28.1% during the fourth 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 acquiring an additional 324,520 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WELL has been the topic of several research reports. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and raised their target price for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Bank of America raised their price objective on shares of Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Scotiabank lifted their price target on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research note on Monday, January 27th. Finally, Raymond James upped their price objective on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. Five analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and an average price target of $134.96.

Welltower Stock Performance

NYSE WELL opened at $143.40 on Wednesday. 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 twelve month low of $85.40 and a twelve month high of $143.84. The business has a 50-day moving average price of $130.52 and a 200-day moving average price of $128.04. The firm has a market cap of $89.29 billion, a price-to-earnings ratio of 94.34, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a return on equity of 3.20% and a net margin of 12.22%. As a group, equities research analysts predict that Welltower Inc. will post 4.3 EPS for the current fiscal year.

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.