Triglav Investments D.O.O. Takes $2.07 Million Position in Welltower Inc. $WELL

Triglav Investments D.O.O. bought a new position in Welltower Inc. (NYSE:WELL) in the third quarter, according to its most recent filing with the SEC. The firm bought 11,600 shares of the real estate investment trust’s stock, valued at approximately $2,066,000.

Other hedge funds have also bought and sold shares of the company. National Pension Service raised its holdings in Welltower by 2.1% in the 3rd quarter. National Pension Service now owns 1,691,931 shares of the real estate investment trust’s stock worth $301,401,000 after purchasing an additional 34,532 shares during the period. B&I Capital AG increased its position in shares of Welltower by 5.7% in the third quarter. B&I Capital AG now owns 161,440 shares of the real estate investment trust’s stock valued at $28,759,000 after buying an additional 8,650 shares in the last quarter. Candriam S.C.A. raised its stake in shares of Welltower by 2.6% during the 2nd quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock worth $64,058,000 after buying an additional 10,584 shares during the period. GDS Wealth Management lifted its position in shares of Welltower by 13.7% during the 3rd quarter. GDS Wealth Management now owns 63,763 shares of the real estate investment trust’s stock valued at $11,359,000 after buying an additional 7,699 shares in the last quarter. Finally, State Street Corp grew its stake in Welltower by 4.6% in the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after acquiring an additional 1,740,196 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on WELL. Morgan Stanley increased their price objective on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. National Bankshares set a $246.00 price target on shares of Welltower in a research report on Friday, October 17th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $205.00 price objective on shares of Welltower in a report on Thursday, December 18th. Loop Capital set a $196.00 target price on Welltower in a report on Wednesday, October 29th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a research report on Monday, December 29th. One 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Stock Down 1.1%

Shares of NYSE WELL opened at $185.52 on Thursday. The stock has a market cap of $127.33 billion, a PE ratio of 127.94, a P/E/G ratio of 1.30 and a beta of 0.85. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $209.05. The company has a 50-day moving average of $189.88 and a 200 day moving average of $179.65.

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.