Welltower Inc. (NYSE:WELL) Receives $95.57 Consensus PT from Analysts

Shares of Welltower Inc. (NYSE:WELL) have earned an average rating of “Moderate Buy” from the fourteen research firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $95.57.

WELL has been the subject of several recent research reports. StockNews.com lowered Welltower from a “hold” rating to a “sell” rating in a research report on Friday, March 29th. BNP Paribas initiated coverage on shares of Welltower in a report on Monday, March 18th. They issued an “outperform” rating and a $104.00 price target on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Welltower in a research note on Tuesday, January 30th. They set a “buy” rating and a $115.00 price objective for the company. KeyCorp increased their target price on shares of Welltower from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, January 5th. Finally, Scotiabank cut their price target on shares of Welltower from $97.00 to $96.00 and set a “sector outperform” rating on the stock in a report on Monday, March 4th.

Welltower Stock Up 0.4 %

NYSE:WELL opened at $94.34 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.22 and a quick ratio of 3.22. Welltower has a 1-year low of $72.47 and a 1-year high of $94.99. The company has a 50-day moving average of $92.06 and a 200 day moving average of $89.47. The firm has a market cap of $55.76 billion, a PE ratio of 147.41, a price-to-earnings-growth ratio of 2.39 and a beta of 1.08.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.79). Welltower had a net margin of 5.12% and a return on equity of 1.47%. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.72 billion. During the same quarter in the prior year, the firm posted $0.83 EPS. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. As a group, research analysts anticipate that Welltower will post 4.05 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, February 23rd were paid a dividend of $0.61 per share. The ex-dividend date was Thursday, February 22nd. This represents a $2.44 annualized dividend and a dividend yield of 2.59%. Welltower’s payout ratio is currently 381.26%.

Institutional Trading of Welltower

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC acquired a new stake in Welltower during the 4th quarter valued at approximately $25,000. Rise Advisors LLC acquired a new position in Welltower during the first quarter valued at $27,000. Headlands Technologies LLC boosted its holdings in Welltower by 479.6% in the third quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 259 shares during the last quarter. FinTrust Capital Advisors LLC grew its position in Welltower by 117.8% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 185 shares during the period. Finally, Scarborough Advisors LLC acquired a new stake in Welltower during the 4th quarter worth about $35,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.