Kestra Private Wealth Services LLC Raises Stock Holdings in Welltower Inc. (NYSE:WELL)

Kestra Private Wealth Services LLC raised its holdings in shares of Welltower Inc. (NYSE:WELL) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,923 shares of the real estate investment trust’s stock after purchasing an additional 720 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Welltower were worth $3,267,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quotient Wealth Partners LLC boosted its stake in shares of Welltower by 5.3% during the 4th quarter. Quotient Wealth Partners LLC now owns 2,062 shares of the real estate investment trust’s stock valued at $260,000 after buying an additional 103 shares during the last quarter. Entropy Technologies LP acquired a new stake in Welltower in the fourth quarter valued at $1,158,000. Empowered Funds LLC boosted its stake in Welltower by 11.2% during the 4th quarter. Empowered Funds LLC now owns 11,226 shares of the real estate investment trust’s stock valued at $1,415,000 after acquiring an additional 1,132 shares during the last quarter. Wilmington Savings Fund Society FSB grew its holdings in Welltower by 5.4% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 2,774 shares of the real estate investment trust’s stock worth $350,000 after acquiring an additional 143 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its position in shares of Welltower by 15.2% in the 4th quarter. Kingsview Wealth Management LLC now owns 5,720 shares of the real estate investment trust’s stock worth $721,000 after purchasing an additional 754 shares during the last quarter. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Trading Up 0.4 %

Shares of NYSE:WELL opened at $143.17 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’s 50-day moving average price is $130.34 and its 200 day moving average price is $127.79. The company has a market cap of $89.15 billion, a PE ratio of 94.19, a P/E/G ratio of 2.83 and a beta of 1.23. Welltower Inc. has a fifty-two week low of $85.40 and a fifty-two week high of $143.84.

Analyst Ratings Changes

Several brokerages have recently commented on WELL. Bank of America increased their price target on shares of Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Raymond James increased their target price on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Jefferies Financial Group raised 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 research report on Thursday, January 2nd. Finally, Mizuho lifted their price objective on shares of Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Five equities 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, Welltower presently has an average rating of “Moderate Buy” and a consensus price target 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.