Royal Bank Cuts Stake in Welltower Amid 52-Week High
Royal Bank of Canada trimmed its holdings in shares of Welltower Inc. by 12.6% during the first quarter, according to the company's most recent Form 13F filing with the SEC.
The fund owned 877,687 shares of the real estate investment trust's stock after selling 126,568 shares during the quarter.
Welltower's 52-week high is $255.20, but analysts believe there's more to come.