Welltower Inc. has seen a flurry of activity in its stock in recent weeks. Multiple financial institutions including
Oppenheimer & Co. Inc.,
Schroder Investment Management Group,
Morningstar Investment Services LLC,
Rafferty Asset Management LLC, and
The Manufacturers Life Insurance Company among others, have altered their holdings in Welltower's shares. The company's stock has also seen changes in its performance, sometimes underperforming its competitors and sometimes outperforming, suggesting a fluctuating market presence. Meanwhile, insiders in the company have engaged in selling, including
Director Kenneth Bacon selling a notable 1,800 shares. Despite this, the company's stock has risen 11.9% YTD. Welltower has also raised its FY24 EPS guidance, increased its quarterly dividend by 10%, and provided a positive business update. Moreover, the company expects to report Q1 earnings soon. Ratings from
Wells Fargo & Company also point towards an optimistic future by raising the price target to $111.00. The company is also looking to acquire a $1.0 billion
Affinity Active Adult Portfolio.
Welltower WELL News Analytics from Thu, 31 Aug 2023 07:00:00 GMT to Sun, 09 Jun 2024 15:51:03 GMT -
Rating 5
- Innovation -3
- Information 6
- Rumor -2
