Welltower Inc. has experienced some significant shifts in its shares and price targets.
Sanctuary Advisors LLC and
Nomura Asset Management Co. Ltd. made notable purchases of Welltower stocks, while Wells Fargo lowered its price target for the company.
Retirement Systems of Alabama,
TCW Group Inc., and
Prestige Wealth Management Group LLC increased their stake in the company. Notably,
Erste Asset Management GmbH acquired 27,200 shares in Welltower, while
Adelante Capital Management LLC and
HBK Investments L P sold their shares. Despite significant financial impediments and lower performance compared to competitors, Welltower continues to show signs of growth and a substantial $1.2 billion investment pipeline. However, the company has been facing financial difficulties despite these growth prospects. On the positive side, Welltower's Q3 results revealed record revenue and substantial FFO growth. The company's shares hit an all-time high of $139.82, and the stock has rallied 39.1% year-to-date with expectations for it to continue rising.
Welltower WELL News Analytics from Mon, 08 Jul 2024 07:00:00 GMT to Fri, 13 Dec 2024 15:21:55 GMT -
Rating 5
- Innovation 2
- Information 5
- Rumor -4
