Denali Advisors LLC reduced its stake in Welltower Inc. by 36% in the third quarter, selling 5,181 shares but still holding 9,215 shares valued at $1.64 million. Despite this sale, institutional investors collectively own about 94.8% of Welltower. The company reported strong Q3 earnings, beating EPS estimates, and announced a $0.74 quarterly dividend, while analysts maintain a “Moderate Buy” consensus rating with a $210.21 target price.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Denali Advisors LLC Sells 5,181 Shares of Welltower Inc. $WELL
Denali Advisors LLC reduced its stake in Welltower Inc. by 36% in the third quarter, selling 5,181 shares but still holding 9,215 shares valued at $1.64 million. Despite this sale, institutional investors collectively own about 94.8% of Welltower. The company reported strong Q3 earnings, beating EPS estimates, and announced a $0.74 quarterly dividend, while analysts maintain a “Moderate Buy” consensus rating with a $210.21 target price.