Welltower Inc. (NYSE:WELL) Receives $140.19 Consensus Price Target from Analysts

Shares of Welltower Inc. (NYSE:WELL) have been assigned an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $140.19.

WELL has been the topic of a number of recent analyst reports. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. Bank of America increased their price target on Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Scotiabank raised their price objective on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research report on Monday, January 27th. Jefferies Financial Group upgraded shares of Welltower from a “hold” rating to a “buy” rating and boosted their target price for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd. Finally, Raymond James raised their price target on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th.

Institutional Investors Weigh In On Welltower

Hedge funds and other institutional investors have recently bought and sold shares of the business. Whittier Trust Co. raised its stake in shares of Welltower by 16.9% during the 3rd quarter. Whittier Trust Co. now owns 4,331 shares of the real estate investment trust’s stock valued at $554,000 after purchasing an additional 625 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Welltower by 4.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,824 shares of the real estate investment trust’s stock valued at $1,002,000 after buying an additional 331 shares in the last quarter. Signaturefd LLC grew its holdings in Welltower by 5.4% during the 3rd quarter. Signaturefd LLC now owns 9,747 shares of the real estate investment trust’s stock valued at $1,248,000 after buying an additional 497 shares in the last quarter. Commerzbank Aktiengesellschaft FI increased its position in shares of Welltower by 28.0% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 4,399 shares of the real estate investment trust’s stock valued at $564,000 after buying an additional 962 shares during the period. Finally, Axecap Investments LLC purchased a new stake in shares of Welltower in the third quarter worth about $976,000. Institutional investors own 94.80% of the company’s stock.

Welltower Stock Performance

NYSE:WELL opened at $150.74 on Thursday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. Welltower has a fifty-two week low of $87.87 and a fifty-two week high of $152.81. The company has a 50 day simple moving average of $134.27 and a two-hundred day simple moving average of $130.61. The company has a market capitalization of $96.67 billion, a PE ratio of 96.63, a P/E/G ratio of 2.87 and a beta of 1.23.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Research analysts anticipate that Welltower will post 4.88 earnings per share for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date is Tuesday, February 25th. Welltower’s payout ratio is currently 171.79%.

About Welltower

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.