Quotient Wealth Partners LLC Increases Position in Welltower Inc. (NYSE:WELL)

Quotient Wealth Partners LLC lifted its holdings in shares of Welltower Inc. (NYSE:WELL) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,062 shares of the real estate investment trust’s stock after acquiring an additional 103 shares during the period. Quotient Wealth Partners LLC’s holdings in Welltower were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of WELL. Wellington Management Group LLP boosted its holdings in shares of Welltower by 10.6% in the 3rd quarter. Wellington Management Group LLP now owns 18,685,844 shares of the real estate investment trust’s stock worth $2,392,349,000 after buying an additional 1,797,330 shares during 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 worth $1,847,289,000 after acquiring an additional 3,977,845 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Welltower by 638.0% in the third 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 during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of 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 valued at $776,657,000 after acquiring an additional 46,332 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Welltower by 6.6% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,106,666 shares of the real estate investment trust’s stock worth $391,533,000 after purchasing an additional 192,303 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on WELL. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and increased their price objective for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Bank of America lifted their price objective on Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Raymond James upped their price objective on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a report on Monday, December 16th. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Finally, Mizuho upped their price target 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. Five 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $134.96.

Welltower Price Performance

Welltower stock opened at $143.17 on Tuesday. The business has a 50-day simple moving average of $130.34 and a 200 day simple moving average of $127.79. Welltower Inc. has a 52 week low of $85.40 and a 52 week high of $143.84. The stock has a market cap of $89.15 billion, a price-to-earnings ratio of 94.19, a PEG ratio of 2.83 and a beta of 1.23. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51.

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.