Welltower stock is trading -8.07% below its average target price of $89.5 after marking a 2.3% during today's morning session. Analysts are giving the large-cap Specialty Real Estate Investment Trust company an average rating of buy and target prices ranging from $78.0 to $96.0 per share.
Welltower's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.4%. The stock's short ratio is 5.83. 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 98.8%. In conclusion, we believe there is mixed market sentiment regarding Welltower.
Institutions Invested in Welltower
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 15% | 78,600,919 | $6,467,283,519 |
| 2023-06-30 | Blackrock Inc. | 10% | 53,409,103 | $4,394,500,929 |
| 2023-06-30 | Cohen & Steers Inc. | 7% | 38,008,275 | $3,127,320,820 |
| 2023-06-30 | State Street Corporation | 6% | 32,229,401 | $2,651,835,074 |
| 2023-06-30 | Wellington Management Group, LLP | 5% | 27,103,270 | $2,230,057,022 |
| 2023-06-30 | Capital International Investors | 4% | 21,383,365 | $1,759,423,246 |
| 2022-12-31 | Norges Bank Investment Management | 3% | 16,854,773 | $1,386,810,701 |
| 2023-06-30 | FMR, LLC | 3% | 14,497,845 | $1,192,882,668 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 11,518,218 | $947,718,962 |
| 2023-06-30 | Principal Financial Group, Inc. | 2% | 10,328,676 | $849,843,448 |
