Appleton Partners Inc. MA Has $3.29 Million Position in Welltower Inc. (NYSE:WELL)

Appleton Partners Inc. MA raised its stake in Welltower Inc. (NYSE:WELL) by 0.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,119 shares of the real estate investment trust’s stock after buying an additional 115 shares during the quarter. Appleton Partners Inc. MA’s holdings in Welltower were worth $3,292,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mather Group LLC. raised its holdings in shares of Welltower by 3.8% during the fourth quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock worth $259,000 after acquiring an additional 75 shares in the last quarter. Childress Capital Advisors LLC increased its position in Welltower by 3.7% in the 4th quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock worth $271,000 after purchasing an additional 76 shares during the last quarter. Fortitude Family Office LLC lifted its holdings in shares of Welltower by 37.0% during the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 78 shares during the last quarter. Old North State Wealth Management LLC lifted its holdings in shares of Welltower by 0.6% during the 3rd quarter. Old North State Wealth Management LLC now owns 12,864 shares of the real estate investment trust’s stock valued at $1,648,000 after buying an additional 78 shares during the last quarter. Finally, Frank Rimerman Advisors LLC grew its stake in shares of Welltower by 0.9% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 9,617 shares of the real estate investment trust’s stock valued at $1,231,000 after buying an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Welltower Stock Up 0.2 %

WELL opened at $142.66 on Friday. Welltower Inc. has a 1-year low of $85.40 and a 1-year high of $143.39. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $88.83 billion, a price-to-earnings ratio of 93.86, a P/E/G ratio of 2.71 and a beta of 1.23. The business has a 50 day moving average of $130.25 and a 200-day moving average of $127.30.

Wall Street Analysts Forecast Growth

Several brokerages 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. Mizuho lifted their price objective 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. Bank of America increased their target price on shares of Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Scotiabank raised their target price on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th. Finally, Raymond James increased their price objective on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a report on Monday, December 16th. Five analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and an average target price of $134.96.

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.