Schechter Investment Advisors LLC Acquires 279 Shares of Welltower Inc. (NYSE:WELL)

Schechter Investment Advisors LLC raised its holdings in shares of Welltower Inc. (NYSE:WELLFree Report) by 7.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,898 shares of the real estate investment trust’s stock after purchasing an additional 279 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Welltower were worth $319,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Lcnb Corp lifted its position in shares of Welltower by 2.6% during the second quarter. Lcnb Corp now owns 4,935 shares of the real estate investment trust’s stock worth $399,000 after purchasing an additional 125 shares during the last quarter. Cresset Asset Management LLC raised its holdings in shares of Welltower by 2.5% in 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 in the last quarter. Dai Ichi Life Insurance Company Ltd raised its holdings 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 valued at $3,174,000 after acquiring an additional 125 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Welltower by 0.5% in 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 acquiring an additional 127 shares in the last quarter. Finally, Meiji Yasuda Life Insurance Co raised its holdings in shares of Welltower by 1.1% in the first quarter. Meiji Yasuda Life Insurance Co now owns 11,573 shares of the real estate investment trust’s stock valued at $1,113,000 after acquiring an additional 130 shares in the last quarter. 91.61% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WELL has been the topic of several analyst reports. Mizuho lifted their target price on Welltower from $90.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, January 3rd. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Evercore ISI lifted their target price on Welltower from $86.00 to $89.00 and gave the company an “in-line” rating in a research note on Monday, November 27th. Deutsche Bank Aktiengesellschaft initiated coverage on Welltower in a research note on Tuesday. They issued a “buy” rating and a $115.00 target price on the stock. Finally, Royal Bank of Canada lowered Welltower from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from $92.00 to $97.00 in a research note on Tuesday, November 28th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Welltower has a consensus rating of “Moderate Buy” and a consensus price target of $92.79.

View Our Latest Analysis on WELL

Welltower Price Performance

Shares of WELL stock opened at $86.92 on Wednesday. The stock’s 50-day simple moving average is $89.41 and its 200-day simple moving average is $85.55. The firm has a market capitalization of $48.11 billion, a price-to-earnings ratio of 181.08, a PEG ratio of 2.85 and a beta of 1.09. Welltower Inc. has a fifty-two week low of $65.18 and a fifty-two week high of $93.42. The company has a debt-to-equity ratio of 0.67, a quick ratio of 3.37 and a current ratio of 3.37.

Welltower (NYSE:WELLGet Free Report) last issued its earnings results on Monday, October 30th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.65). The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Welltower had a net margin of 3.94% and a return on equity of 1.15%. Welltower’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.84 EPS. As a group, equities analysts forecast that Welltower Inc. will post 3.63 earnings per share for the current fiscal year.

Welltower Company Profile

(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.

Featured Articles

Institutional Ownership by Quarter for Welltower (NYSE:WELL)

Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.