Golden State Equity Partners Acquires 664 Shares of Welltower Inc. (NYSE:WELL)

Golden State Equity Partners lifted its position in shares of Welltower Inc. (NYSE:WELL) by 41.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,270 shares of the real estate investment trust’s stock after acquiring an additional 664 shares during the period. Golden State Equity Partners’ holdings in Welltower were worth $286,000 as of its most recent filing with the Securities and Exchange Commission.

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

Welltower Stock Up 2.9 %

NYSE WELL opened at $140.37 on Tuesday. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average of $130.04 and a two-hundred day moving average of $126.63. The firm has a market capitalization of $87.41 billion, a price-to-earnings ratio of 92.35, a PEG ratio of 2.71 and a beta of 1.22. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $140.75.

Analyst Ratings Changes

WELL has been the topic of several research reports. Scotiabank boosted their price target on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research report on Monday, January 27th. Bank of America boosted their price target on shares of Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Raymond James upped their price objective on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and upped their price target for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Five equities 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $134.96.

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.