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

Shares of Welltower Inc. (NYSE:WELL) have earned a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $140.19.

WELL has been the topic of several recent analyst reports. Raymond James boosted their price target on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Bank of America boosted their price objective on Welltower from $221.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. StockNews.com downgraded Welltower from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and boosted their price objective for the company from $132.00 to $147.00 in a report on Thursday, January 2nd. Finally, Scotiabank boosted their price objective on Welltower from $142.00 to $144.00 and gave the company a “sector outperform” rating in a report on Monday, January 27th.

Welltower Price Performance

Shares of WELL opened at $150.50 on Thursday. Welltower has a 52-week low of $87.87 and a 52-week high of $152.81. 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 business’s 50 day moving average price is $135.22 and its two-hundred day moving average price is $130.99. The firm has a market cap of $96.52 billion, a PE ratio of 96.47, a price-to-earnings-growth 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 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts anticipate that Welltower will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be issued a dividend of $0.67 per share. The ex-dividend date is Tuesday, February 25th. This represents a $2.68 annualized dividend and a yield of 1.78%. Welltower’s dividend payout ratio (DPR) is currently 171.79%.

Institutional Investors Weigh In On Welltower

Several institutional investors have recently bought and sold shares of the stock. Roxbury Financial LLC bought a new position in Welltower in the 4th quarter valued at $26,000. Laurel Wealth Advisors LLC bought a new position in Welltower in the 4th quarter valued at $25,000. Sierra Ocean LLC bought a new position in Welltower in the 4th quarter valued at $28,000. Fortitude Family Office LLC grew its stake 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 valued at $37,000 after purchasing an additional 78 shares during the period. Finally, Versant Capital Management Inc grew its stake 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 valued at $38,000 after purchasing an additional 187 shares during the period. Institutional investors own 94.80% of the company’s stock.

About Welltower

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.