Welltower Inc. $WELL Holdings Raised by American Assets Capital Advisers LLC

American Assets Capital Advisers LLC lifted its position in shares of Welltower Inc. (NYSE:WELL) by 36.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,723 shares of the real estate investment trust’s stock after acquiring an additional 3,377 shares during the quarter. Welltower makes up about 2.4% of American Assets Capital Advisers LLC’s investment portfolio, making the stock its 16th biggest position. American Assets Capital Advisers LLC’s holdings in Welltower were worth $2,266,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WELL. Frank Rimerman Advisors LLC boosted its holdings in shares of Welltower by 0.6% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,774 shares of the real estate investment trust’s stock valued at $1,741,000 after buying an additional 55 shares during the period. Sachetta LLC boosted its stake in Welltower by 14.9% in the third quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock valued at $80,000 after acquiring an additional 58 shares during the period. PDS Planning Inc grew its holdings in shares of Welltower by 1.4% during the third quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock valued at $771,000 after purchasing an additional 59 shares during the last quarter. Modera Wealth Management LLC raised its position in shares of Welltower by 3.4% during the 3rd quarter. Modera Wealth Management LLC now owns 1,807 shares of the real estate investment trust’s stock worth $322,000 after purchasing an additional 60 shares during the period. Finally, Fidelis Capital Partners LLC lifted its holdings in shares of Welltower by 1.3% in the 3rd quarter. Fidelis Capital Partners LLC now owns 4,697 shares of the real estate investment trust’s stock worth $837,000 after purchasing an additional 61 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Performance

WELL stock opened at $187.60 on Tuesday. The company has a 50-day simple moving average of $190.64 and a 200 day simple moving average of $179.40. The company has a market capitalization of $128.75 billion, a P/E ratio of 129.38, a PEG ratio of 1.31 and a beta of 0.85. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a fifty-two week low of $130.29 and a fifty-two week high of $209.05.

Analyst Ratings Changes

A number of research firms recently issued reports on WELL. Wells Fargo & Company boosted their price objective on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Loop Capital set a $196.00 price target on shares of Welltower in a research report on Wednesday, October 29th. Morgan Stanley increased their price objective on shares of Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Cantor Fitzgerald reissued an “overweight” rating and set a $204.00 target price on shares of Welltower in a research note on Monday, January 5th. Finally, Wall Street Zen upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $204.80.

About Welltower

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.