Forsta AP Fonden Has $19.77 Million Holdings in Welltower Inc. (NYSE:WELL)

Forsta AP Fonden grew its stake in Welltower Inc. (NYSE:WELL) by 2.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 156,900 shares of the real estate investment trust’s stock after buying an additional 4,400 shares during the quarter. Forsta AP Fonden’s holdings in Welltower were worth $19,774,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP lifted its stake in 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 acquiring an additional 1,797,330 shares during the last quarter. FMR LLC lifted its stake 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 valued at $1,847,289,000 after acquiring an additional 3,977,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted 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. lifted its stake in Welltower by 0.8% in the third 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 last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in Welltower by 11.1% in 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 last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analyst Ratings Changes

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

Welltower Trading Down 1.5 %

Shares of Welltower stock opened at $135.08 on Thursday. The company has a market capitalization of $84.11 billion, a price-to-earnings ratio of 88.87, a PEG ratio of 2.64 and a beta of 1.22. 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 Inc. has a 12-month low of $85.40 and a 12-month high of $140.75. The firm’s 50-day moving average price is $130.13 and its two-hundred day moving average price is $125.99.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.95 billion. Welltower had a return on equity of 3.20% and a net margin of 12.22%. The company’s quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.92 earnings per share. On average, analysts forecast that Welltower Inc. will post 4.3 earnings per share for the current fiscal year.

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.