Welltower (NYSE:WELL) Price Target Raised to $145.00 at Evercore ISI

Welltower (NYSE:WELL) had its price objective lifted by stock analysts at Evercore ISI from $144.00 to $145.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “in-line” rating on the real estate investment trust’s stock. Evercore ISI’s target price indicates a potential downside of 7.48% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Bank of America boosted their price objective on shares of Welltower from $221.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. 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. Raymond James raised their price objective on shares of Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 16th. Royal Bank of Canada raised Welltower from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $146.00 to $168.00 in a research note on Friday. Finally, StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $148.35.

Welltower Price Performance

Shares of NYSE WELL opened at $156.72 on Tuesday. The company’s fifty day moving average is $136.98 and its two-hundred day moving average is $131.87. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a market capitalization of $100.50 billion, a P/E ratio of 100.63, a PEG ratio of 2.87 and a beta of 1.23. Welltower has a one year low of $87.87 and a one year high of $159.34.

Welltower (NYSE:WELL) last issued its earnings results 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%. Analysts forecast that Welltower will post 4.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Laurel Wealth Advisors LLC acquired a new position in shares of Welltower during the 4th quarter valued at $25,000. Roxbury Financial LLC purchased a new stake in shares of Welltower in the fourth quarter worth about $26,000. Sierra Ocean LLC acquired a new stake in shares of Welltower in the fourth quarter valued at about $28,000. Versant Capital Management Inc grew its stake 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 buying an additional 187 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Welltower in the third quarter valued at about $50,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

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.