This afternoon we watched Welltower rise 4.0% to a price of $79.33 per share. The large-cap Specialty Real Estate Investment Trust company is now trading -6.16% below its average target price of $84.53. Analysts have set target prices ranging from $70.0 to $111.0 per share for Welltower, and have given the stock an average rating of buy.
Welltower's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.3%. The stock's short ratio is 5.66. At 0.06%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 99.9%. In conclusion, we believe there is mixed market sentiment regarding Welltower.
Institutions Invested in Welltower
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Vanguard Group, Inc. (The) | 16% | 77,256,963 | $6,128,408,354 |
| 2023-03-31 | Blackrock Inc. | 10% | 50,479,230 | $4,004,264,765 |
| 2023-03-31 | Cohen & Steers Inc. | 9% | 44,309,120 | $3,514,820,808 |
| 2023-03-31 | State Street Corporation | 6% | 30,809,919 | $2,443,996,730 |
| 2023-03-31 | Wellington Management Group, LLP | 5% | 23,439,628 | $1,859,348,419 |
| 2022-12-31 | Norges Bank Investment Management | 3% | 16,854,773 | $1,337,004,816 |
| 2023-03-31 | FMR, LLC | 3% | 16,377,726 | $1,299,163,064 |
| 2023-03-31 | Capital International Investors | 3% | 14,575,066 | $1,156,167,065 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 10,792,006 | $856,075,843 |
| 2023-03-31 | Principal Financial Group, Inc. | 2% | 10,361,169 | $821,899,699 |
