Handelsbanken Fonder AB increased its stake in Welltower Inc. by 2.8% in Q3, bringing its total holdings to 311,713 shares valued at approximately $55.53 million. This comes as institutional investors, including Norges Bank, Vanguard, and State Street, have significantly increased their positions in the real estate investment trust, which now has 94.80% institutional ownership. Welltower recently reported strong quarterly revenue growth of 41.3% and declared a quarterly dividend of $0.74, with analysts giving the stock a “Moderate Buy” rating and a consensus target price of $218.79.
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Handelsbanken Fonder AB Boosts Stock Holdings in Welltower Inc. $WELL
Handelsbanken Fonder AB increased its stake in Welltower Inc. by 2.8% in Q3, bringing its total holdings to 311,713 shares valued at approximately $55.53 million. This comes as institutional investors, including Norges Bank, Vanguard, and State Street, have significantly increased their positions in the real estate investment trust, which now has 94.80% institutional ownership. Welltower recently reported strong quarterly revenue growth of 41.3% and declared a quarterly dividend of $0.74, with analysts giving the stock a “Moderate Buy” rating and a consensus target price of $218.79.