Can Market Sentiment Sustain WELL's Price Surge Today?

Welltower shares rose 2.6% this afternoon to a price of $90.87. The stock is still trading within range of its average target price of $91.71, and over the last 52 weeks, it has recorded a 31.6% performance. Analysts have given the large-cap Specialty Real Estate Investment Trust stock target prices ranging from $78.0 to $101.0 dollars per share, with 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 1.9%. The stock's short ratio is 1.89. At 0.05%, 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 92.5%. In conclusion, we believe there is mixed market sentiment regarding Welltower.

Institutions Invested in Welltower

Date Reported Holder Percentage Shares Value
2023-09-30 Vanguard Group Inc 15% 80,757,592 $7,338,442,606
2023-09-30 Blackrock Inc. 10% 52,625,343 $4,782,065,062
2023-09-30 Cohen & Steers Inc. 7% 40,769,115 $3,704,689,592
2023-09-30 State Street Corporation 6% 32,518,761 $2,954,979,901
2023-09-30 Wellington Management Group, LLP 5% 26,819,453 $2,437,083,767
2023-09-30 Capital International Investors 4% 21,771,112 $1,978,341,007
2022-12-31 Norges Bank Investment Management 3% 16,854,773 $1,531,593,268
2023-09-30 FMR, LLC 3% 14,308,179 $1,300,184,265
2023-09-30 Principal Financial Group, Inc. 2% 12,925,394 $1,174,530,588
2023-09-30 Geode Capital Management, LLC 2% 12,117,683 $1,101,133,887
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS