B&I Capital AG Has $28.76 Million Stock Holdings in Welltower Inc. $WELL

B&I Capital AG increased its holdings in shares of Welltower Inc. (NYSE:WELL) by 5.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 161,440 shares of the real estate investment trust’s stock after acquiring an additional 8,650 shares during the quarter. Welltower comprises 10.0% of B&I Capital AG’s portfolio, making the stock its 3rd biggest holding. B&I Capital AG’s holdings in Welltower were worth $28,759,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Global Wealth Strategies & Associates acquired a new stake in shares of Welltower during the 3rd quarter worth about $36,000. Newbridge Financial Services Group Inc. raised its holdings in Welltower by 39.5% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 87 shares during the period. Copia Wealth Management bought a new position in Welltower in the 2nd quarter valued at about $51,000. NewSquare Capital LLC lifted its position in Welltower by 30.2% during the second quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 84 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in shares of Welltower during the third quarter worth approximately $59,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on WELL shares. National Bankshares set a $246.00 target price on Welltower in a research note on Friday, October 17th. Cantor Fitzgerald reiterated an “overweight” rating and set a $204.00 price objective on shares of Welltower in a research report on Monday, January 5th. Scotiabank boosted their target price on shares of Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. Morgan Stanley upped their price target on shares of Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $204.80.

Welltower Trading Up 1.4%

Shares of Welltower stock opened at $188.25 on Friday. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower Inc. has a 12-month low of $130.29 and a 12-month high of $209.05. The company has a market capitalization of $129.20 billion, a price-to-earnings ratio of 129.82, a PEG ratio of 1.29 and a beta of 0.86. The firm’s 50-day moving average price is $190.94 and its two-hundred day moving average price is $178.89.

Welltower Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.