Dorsey & Whitney Trust CO LLC Raises Stock Holdings in Welltower Inc. (NYSE:WELL)

Dorsey & Whitney Trust CO LLC boosted its holdings in Welltower Inc. (NYSE:WELLFree Report) by 14.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,554 shares of the real estate investment trust’s stock after acquiring an additional 584 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Welltower were worth $373,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in WELL. Dai Ichi Life Insurance Company Ltd increased its stake in shares of Welltower by 0.4% in the first quarter. Dai Ichi Life Insurance Company Ltd now owns 33,012 shares of the real estate investment trust’s stock worth $3,174,000 after purchasing an additional 125 shares during the period. Cresset Asset Management LLC increased its stake in Welltower by 2.5% during the first quarter. Cresset Asset Management LLC now owns 5,044 shares of the real estate investment trust’s stock valued at $485,000 after acquiring an additional 125 shares during the period. Lcnb Corp increased its stake in Welltower by 2.6% during the second quarter. Lcnb Corp now owns 4,935 shares of the real estate investment trust’s stock valued at $399,000 after acquiring an additional 125 shares during the period. Private Advisor Group LLC boosted its holdings in Welltower by 0.5% during the third quarter. Private Advisor Group LLC now owns 25,167 shares of the real estate investment trust’s stock valued at $2,062,000 after purchasing an additional 127 shares in the last quarter. Finally, Meiji Yasuda Life Insurance Co raised its stake in Welltower by 1.1% during the 1st quarter. Meiji Yasuda Life Insurance Co now owns 11,573 shares of the real estate investment trust’s stock worth $1,113,000 after buying an additional 130 shares during the period. 91.61% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Performance

Shares of NYSE WELL opened at $86.53 on Wednesday. The firm has a market capitalization of $47.89 billion, a price-to-earnings ratio of 180.27, a price-to-earnings-growth ratio of 2.82 and a beta of 1.07. Welltower Inc. has a 12-month low of $65.18 and a 12-month high of $93.42. The firm has a 50 day moving average of $89.20 and a 200 day moving average of $85.79. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 0.67.

Analysts Set New Price Targets

A number of research firms have issued reports on WELL. Mizuho increased their target price on Welltower from $90.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. KeyCorp lifted their price target on Welltower from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, January 5th. Royal Bank of Canada cut Welltower from an “outperform” rating to a “sector perform” rating and lifted their price target for the stock from $92.00 to $97.00 in a report on Tuesday, November 28th. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, Raymond James upgraded shares of Welltower from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $95.00 to $101.00 in a research report on Thursday, November 9th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $92.79.

Read Our Latest Analysis on Welltower

About Welltower

(Free Report)

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.

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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