Moloney Securities Asset Management LLC Decreases Stake in Welltower Inc. (NYSE:WELL)

Moloney Securities Asset Management LLC lessened its position in shares of Welltower Inc. (NYSE:WELL) by 8.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,873 shares of the real estate investment trust’s stock after selling 165 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Welltower were worth $236,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. lifted its stake in Welltower by 3.8% in the fourth quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 75 shares during the last quarter. Childress Capital Advisors LLC raised its holdings in shares of Welltower by 3.7% in the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock worth $271,000 after buying an additional 76 shares during the period. Fortitude Family Office LLC lifted its stake in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 78 shares during the last quarter. Old North State Wealth Management LLC boosted its holdings in Welltower by 0.6% during the 3rd quarter. Old North State Wealth Management LLC now owns 12,864 shares of the real estate investment trust’s stock valued at $1,648,000 after acquiring an additional 78 shares during the period. Finally, Frank Rimerman Advisors LLC grew its position in Welltower by 0.9% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,617 shares of the real estate investment trust’s stock valued at $1,231,000 after acquiring an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. StockNews.com upgraded Welltower from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and lifted their price objective for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Raymond James upped their target price on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. Scotiabank lifted their price target on shares of Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a research note on Monday, January 27th. Finally, Mizuho increased their price objective on Welltower from $136.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Five investment 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 stock. Based on data from MarketBeat, Welltower has an average rating of “Moderate Buy” and an average target price of $134.96.

Welltower Price Performance

WELL opened at $143.40 on Wednesday. The firm has a market capitalization of $89.29 billion, a PE ratio of 94.34, a price-to-earnings-growth ratio of 2.83 and a beta of 1.23. The business’s 50-day moving average is $130.52 and its two-hundred day moving average is $128.04. Welltower Inc. has a 1 year low of $85.40 and a 1 year high of $143.84. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 12.22% and a return on equity of 3.20%. Research analysts anticipate that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

Welltower Company 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.