Welltower Inc. $WELL Stock Position Increased by Saudi Central Bank
MarketBeat
Saudi Central Bank has significantly increased its stake in Welltower Inc. ($WELL) by 94.7% in the second quarter, now holding 49,317 shares valued at $11.19 million. This move comes amidst other institutional investors also adjusting their positions and a recent insider purchase by Director Andrew Gundlach. Analysts maintain a "Moderate Buy" rating for Welltower, with an average target price of $251.06, following several price target increases.
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