National Pension Service Has $301.40 Million Stock Position in Welltower Inc. $WELL

National Pension Service boosted its position in Welltower Inc. (NYSE:WELL) by 2.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,691,931 shares of the real estate investment trust’s stock after acquiring an additional 34,532 shares during the quarter. National Pension Service’s holdings in Welltower were worth $301,401,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Sachetta LLC increased its stake in shares of Welltower by 14.9% in the third quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock worth $80,000 after purchasing an additional 58 shares during the period. PDS Planning Inc grew its holdings in Welltower by 1.4% in the 3rd quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock valued at $771,000 after buying an additional 59 shares during the last quarter. Modera Wealth Management LLC increased its position in Welltower by 3.4% in the 3rd quarter. Modera Wealth Management LLC now owns 1,807 shares of the real estate investment trust’s stock worth $322,000 after buying an additional 60 shares during the period. Fidelis Capital Partners LLC lifted its holdings in shares of Welltower by 1.3% during the third quarter. Fidelis Capital Partners LLC now owns 4,697 shares of the real estate investment trust’s stock worth $837,000 after buying an additional 61 shares during the last quarter. Finally, Values First Advisors Inc. lifted its holdings in shares of Welltower by 1.0% during the third quarter. Values First Advisors Inc. now owns 6,229 shares of the real estate investment trust’s stock worth $1,110,000 after buying an additional 62 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Trading Up 1.4%

WELL stock opened at $188.25 on Friday. Welltower Inc. has a 1-year low of $130.29 and a 1-year high of $209.05. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The business’s 50 day moving average is $190.94 and its 200-day moving average is $178.89. The firm has a market cap of $129.20 billion, a P/E ratio of 129.82, a P/E/G ratio of 1.29 and a beta of 0.86.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on WELL shares. JPMorgan Chase & Co. restated a “neutral” rating and issued a $205.00 price objective on shares of Welltower in a research note on Thursday, December 18th. UBS Group decreased their price target on shares of Welltower from $232.00 to $228.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Scotiabank upped their price objective on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. Loop Capital set a $196.00 target price on Welltower in a research report on Wednesday, October 29th. Finally, National Bankshares set a $246.00 price target on Welltower in a research note on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus 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.