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

Shares of Welltower Inc. (NYSE:WELL) have earned an average rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $140.19.

A number of brokerages have recently commented on WELL. Bank of America upped their price target on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Wedbush raised Welltower from a “neutral” rating to an “outperform” rating and upped their price target for the company from $145.00 to $167.00 in a research report on Friday, February 14th. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and increased their price objective for the stock from $132.00 to $147.00 in a report on Thursday, January 2nd. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Finally, Raymond James increased their price objective on Welltower from $145.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Monday, December 16th.

Hedge Funds Weigh In On Welltower

A number of institutional investors have recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC bought a new position in shares of Welltower during the 4th quarter valued at about $25,000. Roxbury Financial LLC bought a new position in Welltower during the 4th quarter worth approximately $26,000. Sierra Ocean LLC purchased a new stake in Welltower in the 4th quarter worth approximately $28,000. Fortitude Family Office LLC lifted its holdings in Welltower by 37.0% in the 3rd quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 78 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in Welltower by 165.5% in the 4th quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 187 shares during the period. 94.80% of the stock is currently owned by institutional investors.

Welltower Stock Down 0.8 %

Shares of NYSE WELL opened at $150.50 on Thursday. Welltower has a one year low of $87.87 and a one year high of $152.81. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The business’s fifty day moving average price is $135.22 and its 200-day moving average price is $130.99. The stock has a market capitalization of $96.52 billion, a PE ratio of 96.47, a P/E/G ratio of 2.87 and a beta of 1.23.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. On average, equities research analysts anticipate that Welltower will post 4.88 EPS for the current year.

Welltower Announces Dividend

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

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.