Wesbanco Bank Inc. decreased its holdings in shares of Welltower Inc (NYSE:WELL) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,168 shares of the real estate investment trust’s stock after selling 1,361 shares during the period. Wesbanco Bank Inc.’s holdings in Welltower were worth $1,886,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in WELL. Vanguard Group Inc purchased a new stake in shares of Welltower during the third quarter valued at approximately $3,075,144,000. Vanguard Group Inc. purchased a new stake in shares of Welltower during the third quarter valued at approximately $3,075,144,000. BlackRock Inc. purchased a new stake in shares of Welltower during the third quarter valued at approximately $2,461,568,000. Cohen & Steers Inc. purchased a new stake in shares of Welltower during the third quarter valued at approximately $1,459,560,000. Finally, FMR LLC purchased a new stake in shares of Welltower during the third quarter valued at approximately $473,389,000. 89.28% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have recently commented on WELL shares. Morgan Stanley increased their price target on shares of Welltower from $67.00 to $77.00 and gave the company an “overweight” rating in a report on Monday, December 17th. increased their price target on shares of Welltower from $72.00 to $76.00 and gave the company an “overweight” rating in a report on Wednesday, December 5th. Wells Fargo & Co upgraded shares of Welltower from a “market perform” rating to an “outperform” rating in a report on Tuesday, December 11th. JPMorgan Chase & Co. upgraded shares of Welltower from a “neutral” rating to an “overweight” rating in a report on Wednesday, December 19th. Finally, SunTrust Banks increased their price target on shares of Welltower to $72.00 and gave the company a “hold” rating in a report on Wednesday, October 31st. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Welltower currently has an average rating of “Buy” and a consensus target price of $65.71.

In other news, EVP Mercedes Kerr sold 4,342 shares of Welltower stock in a transaction on Tuesday, December 11th. The shares were sold at an average price of $73.17, for a total transaction of $317,704.14. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.17% of the company’s stock.

WELL stock traded up $0.20 on Monday, hitting $77.41. The company had a trading volume of 439,489 shares, compared to its average volume of 1,987,717. Welltower Inc has a 12-month low of $49.58 and a 12-month high of $77.90. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $29.00 billion, a P/E ratio of 18.39, a P/E/G ratio of 3.62 and a beta of 0.47.

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Welltower 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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