Atria Wealth Solutions Inc. Cuts Holdings in Welltower Inc. (NYSE:WELL)

Atria Wealth Solutions Inc. lowered its position in shares of Welltower Inc. (NYSE:WELLFree Report) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,459 shares of the real estate investment trust’s stock after selling 289 shares during the period. Atria Wealth Solutions Inc.’s holdings in Welltower were worth $1,512,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in WELL. Covestor Ltd raised its holdings in Welltower by 97.4% in the 1st quarter. Covestor Ltd now owns 298 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 147 shares in the last quarter. First Capital Advisors Group LLC. bought a new position in shares of Welltower in the 2nd quarter worth about $26,000. FinTrust Capital Advisors LLC increased its stake in shares of Welltower by 117.8% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 185 shares in the last quarter. Compass Wealth Management LLC bought a new position in shares of Welltower in the 4th quarter worth about $26,000. Finally, Householder Group Estate & Retirement Specialist LLC bought a new position in shares of Welltower in the 3rd quarter worth about $41,000. Hedge funds and other institutional investors own 91.61% of the company’s stock.

Welltower Stock Performance

Shares of NYSE WELL opened at $87.66 on Monday. The firm’s 50-day moving average price is $89.09 and its 200-day moving average price is $85.87. The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 0.67. The company has a market cap of $48.52 billion, a PE ratio of 182.63, a PEG ratio of 2.85 and a beta of 1.07. Welltower Inc. has a 52-week low of $65.18 and a 52-week high of $93.42.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Royal Bank of Canada lowered shares of Welltower from an “outperform” rating to a “sector perform” rating and increased their price target for the stock from $92.00 to $97.00 in a research note on Tuesday, November 28th. Wells Fargo & Company increased their price target on shares of Welltower from $93.00 to $95.00 and gave the stock an “overweight” rating in a research note on Monday, November 13th. JPMorgan Chase & Co. upgraded shares of Welltower from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $92.00 to $99.00 in a research note on Monday, December 18th. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Welltower in a research report on Tuesday, January 30th. They set a “buy” rating and a $115.00 price objective on the stock. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.79.

Read Our Latest Stock Report on WELL

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.

See Also

Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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