Bollard Group LLC Has $3.39 Million Holdings in Welltower Inc (WELL)

Bollard Group LLC raised its stake in shares of Welltower Inc (NYSE:WELL) by 3.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 48,807 shares of the real estate investment trust’s stock after buying an additional 1,844 shares during the quarter. Bollard Group LLC’s holdings in Welltower were worth $3,388,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in WELL. Vanguard Group Inc acquired a new stake in Welltower during the 3rd quarter valued at $3,075,144,000. Vanguard Group Inc. acquired a new stake in Welltower during the 3rd quarter valued at $3,075,144,000. BlackRock Inc. acquired a new stake in Welltower during the 3rd quarter valued at $2,461,568,000. Cohen & Steers Inc. acquired a new stake in Welltower during the 3rd quarter valued at $1,459,560,000. Finally, FMR LLC acquired a new stake in Welltower during the 3rd quarter valued at $473,389,000. Hedge funds and other institutional investors own 88.38% of the company’s stock.

In other Welltower news, EVP Mercedes Kerr sold 4,342 shares of the firm’s stock in a transaction dated Tuesday, December 11th. The stock was sold at an average price of $73.17, for a total value of $317,704.14. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.17% of the company’s stock.

Several equities research analysts have recently issued reports on the company. ValuEngine upgraded Welltower from a “hold” rating to a “buy” rating in a report on Wednesday, October 31st. Wells Fargo & Co upgraded Welltower from a “market perform” rating to an “outperform” rating in a report on Tuesday, December 11th. JPMorgan Chase & Co. upgraded Welltower from a “neutral” rating to an “overweight” rating in a report on Wednesday, December 19th. Scotiabank assumed coverage on Welltower in a report on Monday, December 10th. They set a “sector perform” rating and a $74.00 price objective on the stock. Finally, raised their price objective on Welltower to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, October 31st. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $65.71.

NYSE:WELL opened at $77.21 on Monday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.54 and a current ratio of 1.54. Welltower Inc has a 12 month low of $49.58 and a 12 month high of $77.90. The stock has a market capitalization of $29.00 billion, a price-to-earnings ratio of 18.34, a P/E/G ratio of 3.62 and a beta of 0.47.

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Welltower Company Profile

Welltower Inc (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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