Livforsakringsbolaget Skandia Omsesidigt Buys 1,600 Shares of Welltower Inc. (NYSE:WELL)

Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Welltower Inc. (NYSE:WELL) by 33.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,413 shares of the real estate investment trust’s stock after buying an additional 1,600 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Welltower were worth $807,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WELL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Welltower by 638.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock valued at $886,022,000 after acquiring an additional 5,982,711 shares in the last quarter. FMR LLC raised its position in Welltower by 38.1% in the third quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after purchasing an additional 3,977,845 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Welltower by 10.6% during the third quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock valued at $2,392,349,000 after purchasing an additional 1,797,330 shares in the last quarter. Barclays PLC grew its holdings in shares of Welltower by 29.2% during the third quarter. Barclays PLC now owns 1,684,446 shares of the real estate investment trust’s stock worth $215,659,000 after purchasing an additional 380,888 shares during the last quarter. Finally, Nordea Investment Management AB increased its stake in shares of 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 valued at $185,649,000 after buying an additional 324,520 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Price Performance

Welltower stock opened at $142.66 on Friday. The stock’s 50 day moving average price is $130.25 and its two-hundred day moving average price is $127.30. The stock has a market capitalization of $88.83 billion, a price-to-earnings ratio of 93.86, a PEG ratio of 2.71 and a beta of 1.23. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. Welltower Inc. has a 52-week low of $85.40 and a 52-week high of $143.39.

Analyst Ratings Changes

Several equities research analysts recently commented on WELL shares. Mizuho lifted their target price on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Scotiabank increased their price objective on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th. Bank of America lifted their target price on Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, Raymond James increased their price target on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $134.96.

Welltower 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.