Welltower stock is trading -5.1% below its average target price of $89.33 after dropping -1.2% 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.
The stock has an average amount of shares sold short at 3.0%, and a short ratio of 4.47. At 0.06%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a significant number of institutional investors are invested in the stock, with 98.8% of Welltower's shares being owned by this investor type.
Institutions Invested in Welltower
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 15% | 78,600,919 | $6,663,393,028 |
| 2023-06-30 | Blackrock Inc. | 10% | 53,409,103 | $4,527,756,788 |
| 2023-06-30 | Cohen & Steers Inc. | 7% | 38,008,275 | $3,222,151,571 |
| 2023-06-30 | State Street Corporation | 6% | 32,229,401 | $2,732,247,518 |
| 2023-06-30 | Wellington Management Group, LLP | 5% | 27,103,270 | $2,297,679,755 |
| 2023-06-30 | Capital International Investors | 4% | 21,383,365 | $1,812,774,800 |
| 2022-12-31 | Norges Bank Investment Management | 3% | 16,854,773 | $1,428,863,406 |
| 2023-06-30 | FMR, LLC | 3% | 14,497,845 | $1,229,054,831 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 11,518,218 | $976,456,948 |
| 2023-06-30 | Principal Financial Group, Inc. | 2% | 10,328,676 | $875,613,523 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Welltower.
