Welltower Inc. $WELL Shares Bought by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG lifted its position in shares of Welltower Inc. (NYSE:WELL) by 153.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,773 shares of the real estate investment trust’s stock after buying an additional 2,892 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Welltower were worth $850,000 at the end of the most recent quarter.

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

Welltower Price Performance

WELL stock opened at $184.01 on Thursday. The stock has a market capitalization of $126.29 billion, a price-to-earnings ratio of 126.90, a price-to-earnings-growth ratio of 1.27 and a beta of 0.86. 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 52-week low of $130.29 and a 52-week high of $209.05. The stock’s fifty day simple moving average is $191.41 and its 200-day simple moving average is $178.63.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the prior year, the business posted $1.11 earnings per share. The firm’s revenue for the quarter was up 30.7% compared to the same quarter last year. Equities research analysts expect that Welltower Inc. will post 4.88 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on WELL shares. Wall Street Zen upgraded Welltower from a “sell” rating to a “hold” rating in a report on Friday, January 23rd. Wells Fargo & Company upped their price objective on Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Welltower in a research note on Monday, December 29th. UBS Group dropped their price objective on Welltower from $232.00 to $228.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Finally, Loop Capital set a $196.00 target price on shares of Welltower in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $204.80.

Welltower Company 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.