Blue Trust Inc. Has $964,000 Stake in Welltower Inc. (NYSE:WELL)

Blue Trust Inc. grew its position in Welltower Inc. (NYSE:WELL) by 32.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,532 shares of the real estate investment trust’s stock after purchasing an additional 1,844 shares during the quarter. Blue Trust Inc.’s holdings in Welltower were worth $964,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new position in shares of Welltower in the fourth quarter valued at approximately $25,000. Fortitude Family Office LLC grew its position in Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 78 shares in the last quarter. Versant Capital Management Inc grew its position in Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 187 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Welltower during the third quarter worth approximately $50,000. Finally, FSA Wealth Management LLC acquired a new stake in Welltower during the third quarter worth approximately $59,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WELL. Bank of America increased their price target on Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Scotiabank upped their target price on Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research note on Monday. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Mizuho upped their target price on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Finally, Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and upped their target price for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $134.96.

Welltower Stock Down 0.8 %

Shares of NYSE:WELL opened at $137.28 on Wednesday. The firm has a market cap of $85.48 billion, a P/E ratio of 90.32, a P/E/G ratio of 2.64 and a beta of 1.22. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. Welltower Inc. has a 12-month low of $85.40 and a 12-month high of $140.75. The business has a fifty day simple moving average of $130.15 and a 200 day simple moving average of $125.76.

Welltower (NYSE:WELL) last announced its earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.31). The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate 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 period in the prior year, the business earned $0.92 earnings per share. Analysts predict that Welltower Inc. will post 4.3 earnings per share for the current year.

About Welltower

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.