Welltower Inc. (NYSE:WELL – Get Free Report) shares passed above its 50-day moving average during trading on Friday after Freedom Broker upgraded the stock from a hold rating to a buy rating. The stock has a 50-day moving average of $233.51 and traded as high as $239.30. Freedom Broker now has a $255.00 price target on the stock. Welltower shares last traded at $234.43, with a volume of 3,577,096 shares traded.
WELL has been the topic of a number of other reports. Morgan Stanley upped their price target on shares of Welltower from $215.00 to $251.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st. UBS Group reiterated a “buy” rating and issued a $269.00 price objective on shares of Welltower in a research note on Tuesday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Citigroup boosted their target price on shares of Welltower from $255.00 to $275.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. upgraded Welltower from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $230.00 to $260.00 in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $259.81.
View Our Latest Research Report on WELL
Insider Buying and Selling at Welltower
In related news, Director Andrew Gundlach purchased 5,000 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were purchased at an average cost of $242.06 per share, for a total transaction of $1,210,300.00. Following the completion of the transaction, the director directly owned 30,000 shares in the company, valued at approximately $7,261,800. This represents a 20.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Purchased indirectly through two trusts. The transaction was executed in multiple trades at prices ranging from $241.59 to $242.59. The reported $242.06 price is the weighted-average purchase price. 0.37% of the stock is currently owned by corporate insiders.
Key Headlines Impacting Welltower
Here are the key news stories impacting Welltower this week:
- Positive Sentiment: Welltower lifted its outlook after reporting strong growth in senior housing, providing the clearest near-term catalyst for the stock. The update suggests improving occupancy, pricing, or operating trends could support future earnings and cash flow. Welltower stock lifts outlook after strong senior housing growth
- Positive Sentiment: Freedom Broker upgraded Welltower’s depositary receipt from “hold” to “buy,” adding to the positive analyst sentiment surrounding the company. Freedom Broker upgrades Welltower
- Positive Sentiment: Coverage following the third-quarter update highlighted the raised outlook and senior-housing momentum, helping support the view that Welltower can continue benefiting from favorable demographic trends. Welltower stock after Q3 outlook lift
- Neutral Sentiment: Potential Social Security reform could materially affect seniors’ disposable income and therefore demand for senior housing, but the timing and details remain uncertain. Social Security reform and Welltower demand
- Neutral Sentiment: Raymond James lowered its price target to $263 but maintained a favorable view, calling Welltower a strong large-cap option. Cantor Fitzgerald also trimmed its target to $258 while retaining an “overweight” rating. These reductions may reflect valuation discipline rather than a change in the long-term outlook. Raymond James lowers Welltower price target
- Negative Sentiment: One market report characterized the shares as falling after an earnings miss, which could weigh on sentiment; however, the broader earnings coverage and company outlook update point to stronger-than-expected operating momentum. Welltower shares after earnings
Institutional Trading of Welltower
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its position in shares of Welltower by 5.5% during the 2nd quarter. BlackRock Inc. now owns 78,049,214 shares of the real estate investment trust’s stock valued at $17,714,830,000 after purchasing an additional 4,045,458 shares in the last quarter. State Street Corp raised its position in shares of Welltower by 1.4% in the second quarter. State Street Corp now owns 42,138,810 shares of the real estate investment trust’s stock worth $9,564,246,000 after buying an additional 578,033 shares in the last quarter. Bank of America Corp DE raised its position in shares of Welltower by 6.6% in the first quarter. Bank of America Corp DE now owns 21,750,501 shares of the real estate investment trust’s stock worth $4,300,291,000 after buying an additional 1,347,243 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Welltower by 2.2% during the second quarter. Principal Financial Group Inc. now owns 9,814,621 shares of the real estate investment trust’s stock valued at $2,227,642,000 after buying an additional 207,966 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Welltower by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 8,345,022 shares of the real estate investment trust’s stock valued at $1,649,844,000 after buying an additional 57,938 shares during the period. Institutional investors own 94.80% of the company’s stock.
Welltower Stock Up 0.5%
The company has a 50 day moving average of $233.51 and a 200-day moving average of $218.24. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.16 and a quick ratio of 3.16. The company has a market cap of $171.98 billion, a P/E ratio of 101.48, a price-to-earnings-growth ratio of 1.12 and a beta of 0.75.
Welltower (NYSE:WELL – Get Free Report) last announced its earnings results on Monday, October 26th. The real estate investment trust reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.03. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.64 billion. Welltower had a return on equity of 3.61% and a net margin of 12.08%. The company’s quarterly revenue was up 38.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.34 EPS. On average, equities analysts predict that Welltower Inc. will post 6.47 earnings per share for the current year.
Welltower Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Tuesday, November 10th will be issued a dividend of $0.85 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $3.40 annualized dividend and a dividend yield of 1.5%. Welltower’s payout ratio is presently 147.19%.
Welltower Company Profile
Welltower Inc (NYSE: WELL) is a healthcare-focused real estate investment trust that owns, develops, and manages properties used to provide healthcare and related services. Its portfolio is centered on senior housing communities, outpatient medical facilities, and post-acute care properties, including assets operated by healthcare providers and senior living companies.
The company’s senior housing investments support independent living, assisted living, and memory care services. Its outpatient medical properties accommodate physicians, clinics, and other healthcare providers, while its broader healthcare real estate portfolio is designed to serve demand for care delivered outside traditional hospitals.
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