OLD Second National Bank of Aurora Sells 183 Shares of Welltower Inc. (NYSE:WELL)

OLD Second National Bank of Aurora trimmed its position in shares of Welltower Inc. (NYSE:WELL) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,341 shares of the real estate investment trust’s stock after selling 183 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Welltower were worth $1,807,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Retirement Systems of Alabama boosted its position in shares of Welltower by 3.7% during the third quarter. Retirement Systems of Alabama now owns 470,419 shares of the real estate investment trust’s stock worth $60,228,000 after purchasing an additional 16,946 shares in the last quarter. Diversified Trust Co lifted its position in Welltower by 93.8% in the 3rd quarter. Diversified Trust Co now owns 18,474 shares of the real estate investment trust’s stock valued at $2,365,000 after acquiring an additional 8,940 shares in the last quarter. Barclays PLC lifted its position in Welltower by 29.2% in the 3rd quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock valued at $215,659,000 after acquiring an additional 380,888 shares in the last quarter. Park Avenue Securities LLC lifted its position in Welltower by 20.1% in the 4th quarter. Park Avenue Securities LLC now owns 13,456 shares of the real estate investment trust’s stock valued at $1,696,000 after acquiring an additional 2,250 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in Welltower by 28.1% in the 4th quarter. Nordea Investment Management AB now owns 1,477,388 shares of the real estate investment trust’s stock valued at $185,649,000 after acquiring an additional 324,520 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on WELL shares. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Bank of America boosted their price objective on shares of Welltower from $190.00 to $221.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Scotiabank boosted their price objective on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research report on Monday. Raymond James boosted their price objective on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Finally, StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.96.

Welltower Stock Down 1.5 %

Welltower stock opened at $135.08 on Thursday. The firm has a market capitalization of $84.11 billion, a PE ratio of 88.87, a P/E/G ratio of 2.64 and a beta of 1.22. The company’s 50-day moving average is $130.13 and its 200-day moving average is $125.99. Welltower Inc. has a fifty-two week low of $85.40 and a fifty-two week high of $140.75. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10.

Welltower (NYSE:WELL) last released its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.31). The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The firm’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 earnings per share. Sell-side analysts anticipate that Welltower Inc. will post 4.3 earnings per share for the current year.

Welltower Company Profile

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.