Welltower Stock Soaring – Will the Momentum Persist?

After this morning's 1.9% surge to $105.97 per share, Welltower might just keep moving past its target price of $108.12. With an average analyst rating of buy, and target prices from $95.0 to $129.0, the stock's next move is anyone's guess.

Welltower's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.2%. The stock's short ratio is 4.26. At 0.09%, 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 96.4%. In conclusion, we believe there is mixed market sentiment regarding Welltower.

Institutions Invested in Welltower

Date Reported Holder Percentage Shares Value
2024-03-31 Vanguard Group Inc 15% 89,187,884 $9,451,240,176
2024-03-31 Blackrock Inc. 10% 59,134,559 $6,266,489,289
2024-03-31 Cohen & Steers Inc. 7% 39,533,128 $4,189,325,622
2024-03-31 State Street Corporation 6% 33,548,743 $3,555,160,336
2024-03-31 Capital International Investors 5% 29,236,326 $3,098,173,501
2023-12-31 Norges Bank Investment Management 5% 27,204,604 $2,882,871,919
2024-03-31 Wellington Management Group, LLP 3% 16,640,562 $1,763,400,375
2024-03-31 Bank of America Corporation 3% 16,203,034 $1,717,035,532
2024-03-31 Geode Capital Management, LLC 2% 13,781,004 $1,460,373,010
2024-03-31 Principal Financial Group, Inc. 2% 12,458,625 $1,320,240,506
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.