Welltower Inc. (NYSE:WELL) Receives $134.81 Average PT from Analysts

Welltower Inc. (NYSE:WELL) has been assigned a consensus rating of “Moderate Buy” from the fourteen brokerages that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $134.96.

Several research analysts have recently weighed in on the stock. Raymond James upped their price target on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a report on Monday, December 16th. Mizuho upped their price target on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Scotiabank increased their target price on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a report on Monday. StockNews.com upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. Finally, Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and increased their target price for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd.

Welltower Stock Up 1.6 %

Welltower stock opened at $137.08 on Friday. The stock has a market capitalization of $85.36 billion, a PE ratio of 90.19, a price-to-earnings-growth ratio of 2.64 and a beta of 1.22. Welltower has a twelve month low of $85.40 and a twelve month high of $140.75. The company has a quick ratio of 4.10, a current ratio of 4.10 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average of $130.08 and a 200-day moving average of $126.05.

Welltower (NYSE:WELL) last released its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.31). The company had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.95 billion. Welltower had a net margin of 12.22% and a return on equity of 3.20%. The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. On average, equities research analysts anticipate that Welltower will post 4.3 EPS for the current fiscal year.

Institutional Trading of Welltower

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in shares of Welltower in the fourth quarter valued at about $25,000. Roxbury Financial LLC bought a new position in shares of Welltower in the fourth quarter valued at about $26,000. Fortitude Family Office LLC raised its position in shares of Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 78 shares during the period. Versant Capital Management Inc raised its position in shares of Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 187 shares during the period. Finally, Ashton Thomas Securities LLC bought a new position in shares of Welltower in the third quarter valued at about $50,000. 94.80% of the stock is owned by institutional investors.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.