Welltower Inc. (NYSE:WELL) Shares Acquired by Beacon Financial Planning Inc.

Beacon Financial Planning Inc. lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 94.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 26,113 shares of the real estate investment trust’s stock after purchasing an additional 12,691 shares during the quarter. Welltower makes up 1.9% of Beacon Financial Planning Inc.’s portfolio, making the stock its 12th largest holding. Beacon Financial Planning Inc.’s holdings in Welltower were worth $3,291,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Laurel Wealth Advisors LLC bought a new position in shares of Welltower during the fourth quarter valued at approximately $25,000. Fortitude Family Office LLC lifted its holdings in shares of Welltower by 37.0% in the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares during the last quarter. Versant Capital Management Inc boosted its position in Welltower by 165.5% during the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 187 shares during the period. Ashton Thomas Securities LLC acquired a new stake in Welltower in the third quarter worth $50,000. Finally, FSA Wealth Management LLC acquired a new stake in Welltower in the third quarter worth $59,000. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. StockNews.com raised shares of Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Mizuho boosted their target price on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Bank of America raised their price target on shares of Welltower from $190.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Jefferies Financial Group upgraded 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 report on Thursday, January 2nd. Finally, Raymond James raised their target price on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Five equities research 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.96.

Welltower Stock Down 1.0 %

Shares of WELL stock opened at $138.95 on Wednesday. Welltower Inc. has a 1 year low of $85.40 and a 1 year high of $140.75. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.10 and a current ratio of 4.10. The business’s fifty day moving average is $130.13 and its 200-day moving average is $126.87. The stock has a market cap of $86.52 billion, a PE ratio of 91.42, a price-to-earnings-growth ratio of 2.71 and a beta of 1.23.

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.