Mather Group LLC. Acquires 75 Shares of Welltower Inc. (NYSE:WELL)

Mather Group LLC. grew its holdings in shares of Welltower Inc. (NYSE:WELL) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,053 shares of the real estate investment trust’s stock after purchasing an additional 75 shares during the quarter. Mather Group LLC.’s holdings in Welltower were worth $259,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Wellington Management Group LLP raised its position in shares of Welltower by 10.6% in 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 during the period. FMR LLC grew its stake in Welltower by 38.1% in the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock valued at $1,847,289,000 after buying an additional 3,977,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Welltower by 638.0% in 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 worth $886,022,000 after acquiring an additional 5,982,711 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Welltower by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,066,213 shares of the real estate investment trust’s stock worth $776,657,000 after acquiring an additional 46,332 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in Welltower by 11.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,914,363 shares of the real estate investment trust’s stock valued at $373,126,000 after acquiring an additional 291,839 shares during the period. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

WELL stock opened at $142.49 on Friday. Welltower Inc. has a twelve month low of $85.40 and a twelve month high of $143.16. 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 market cap of $88.73 billion, a P/E ratio of 93.75, a price-to-earnings-growth ratio of 2.71 and a beta of 1.23. The business’s fifty day moving average is $130.19 and its 200-day moving average is $127.20.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Raymond James boosted their target price on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 16th. Mizuho upped their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and increased their target price for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Finally, Scotiabank raised their price objective on Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research report on Monday, January 27th. Five investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average 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.