Deutsche Bank AG Trims Stock Position in Welltower Inc. (NYSE:WELL)

Deutsche Bank AG lessened its holdings in shares of Welltower Inc. (NYSE:WELLFree Report) by 25.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,261,543 shares of the real estate investment trust’s stock after selling 1,458,308 shares during the period. Deutsche Bank AG owned approximately 0.80% of Welltower worth $349,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of WELL. Greenleaf Trust lifted its stake in Welltower by 2.5% in the 3rd quarter. Greenleaf Trust now owns 7,578 shares of the real estate investment trust’s stock worth $621,000 after purchasing an additional 183 shares in the last quarter. Citigroup Inc. raised its position in Welltower by 3.8% in the third quarter. Citigroup Inc. now owns 471,507 shares of the real estate investment trust’s stock valued at $38,626,000 after purchasing an additional 17,129 shares during the period. Blair William & Co. IL raised its position in Welltower by 5.1% in the third quarter. Blair William & Co. IL now owns 30,086 shares of the real estate investment trust’s stock valued at $2,465,000 after purchasing an additional 1,472 shares during the period. Headlands Technologies LLC raised its position in Welltower by 479.6% in the third quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 259 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Welltower by 20.3% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 104,300 shares of the real estate investment trust’s stock worth $8,544,000 after acquiring an additional 17,616 shares during the period. Institutional investors and hedge funds own 91.61% of the company’s stock.

Welltower Trading Up 0.8 %

Welltower stock opened at $87.66 on Monday. Welltower Inc. has a one year low of $65.18 and a one year high of $93.42. The company’s fifty day moving average price is $89.09 and its two-hundred day moving average price is $85.87. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.37 and a quick ratio of 3.37. The company has a market capitalization of $48.52 billion, a price-to-earnings ratio of 182.63, a PEG ratio of 2.85 and a beta of 1.07.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Evercore ISI upped their price target on shares of Welltower from $86.00 to $89.00 and gave the company an “in-line” rating in a research report on Monday, November 27th. Mizuho upped their target price on Welltower from $90.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Welltower in a research note on Tuesday, January 30th. They set a “buy” rating and a $115.00 price objective for the company. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, Raymond James raised Welltower from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from $95.00 to $101.00 in a research report on Thursday, November 9th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $92.79.

Check Out Our Latest Stock Analysis on Welltower

Welltower Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Welltower (NYSE:WELL)

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