Shares of Welltower Inc. (NYSE:WELL) have been assigned an average rating of “Hold” from the twenty-one brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $53.86.
WELL has been the topic of several research reports. Barclays lifted their price objective on Welltower from $50.00 to $58.00 and gave the company an “equal weight” rating in a research report on Friday, September 4th. Mizuho cut Welltower from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $51.00 to $57.00 in a research report on Friday, October 16th. Deutsche Bank Aktiengesellschaft cut their price objective on Welltower from $61.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Stifel Nicolaus reaffirmed a “hold” rating and set a $56.00 price objective on shares of Welltower in a research report on Tuesday, September 1st. Finally, BMO Capital Markets reissued a “hold” rating and issued a $52.00 price target on shares of Welltower in a research report on Wednesday, August 5th.
NYSE WELL opened at $52.26 on Thursday. The company has a debt-to-equity ratio of 0.85, a current ratio of 3.32 and a quick ratio of 3.32. The stock has a market capitalization of $21.81 billion, a PE ratio of 16.49, a PEG ratio of 5.10 and a beta of 0.87. Welltower has a 1 year low of $24.27 and a 1 year high of $92.07. The business’s 50-day moving average is $56.09 and its 200 day moving average is $53.07.
Welltower (NYSE:WELL) last posted its quarterly earnings data on Wednesday, October 28th. The real estate investment trust reported $0.77 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.81 by ($0.04). Welltower had a net margin of 26.20% and a return on equity of 8.64%. As a group, equities research analysts anticipate that Welltower will post 3.43 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently made changes to their positions in WELL. Two Sigma Advisers LP purchased a new position in Welltower in the 1st quarter worth approximately $362,000. AXA raised its stake in Welltower by 22.3% during the 1st quarter. AXA now owns 534,980 shares of the real estate investment trust’s stock valued at $24,491,000 after buying an additional 97,588 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in Welltower during the 1st quarter valued at $257,000. APG Asset Management N.V. raised its stake in Welltower by 61.2% during the 1st quarter. APG Asset Management N.V. now owns 409,873 shares of the real estate investment trust’s stock valued at $18,764,000 after buying an additional 155,643 shares during the last quarter. Finally, Private Asset Management Inc. raised its stake in Welltower by 2.9% during the 2nd quarter. Private Asset Management Inc. now owns 60,803 shares of the real estate investment trust’s stock valued at $3,147,000 after buying an additional 1,739 shares during the last quarter. Institutional investors own 89.24% of the company’s stock.
Welltower Inc (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company 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.
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