Brokerages Set Welltower Inc. (NYSE:WELL) PT at $134.81

Welltower Inc. (NYSE:WELLGet Free Report) has received an average rating of “Moderate Buy” from the fourteen brokerages that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, eight 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 $134.96.

WELL has been the topic of a number of recent analyst reports. Wells Fargo & Company reiterated an “equal weight” rating and issued a $135.00 price objective (up previously from $134.00) on shares of Welltower in a report on Tuesday, October 1st. Jefferies Financial Group upgraded Welltower from a “hold” rating to a “buy” rating and increased their target price for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd. Scotiabank boosted their target price on shares of Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research report on Monday. Raymond James upped their price target on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Monday, December 16th. Finally, Bank of America lifted their price target on shares of Welltower from $190.00 to $221.00 and gave the company a “buy” rating in a report on Friday, January 24th.

Check Out Our Latest Report on WELL

Hedge Funds Weigh In On Welltower

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new position in shares of Welltower in the 4th quarter worth about $25,000. Fortitude Family Office LLC raised its position in shares of Welltower by 37.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares during the period. Versant Capital Management Inc raised its holdings in shares of 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 acquiring an additional 187 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of Welltower in the third quarter worth approximately $50,000. Finally, FSA Wealth Management LLC bought a new position in shares of Welltower in the third quarter valued at approximately $59,000. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Welltower Stock Down 0.8 %

Shares of NYSE WELL opened at $137.28 on Friday. Welltower has a 12-month low of $85.40 and a 12-month high of $140.75. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.10 and a quick ratio of 4.10. The firm’s 50-day moving average is $130.15 and its two-hundred day moving average is $125.76. The company has a market capitalization of $85.48 billion, a PE ratio of 90.32, a price-to-earnings-growth ratio of 2.64 and a beta of 1.22.

Welltower (NYSE:WELLGet Free Report) last issued its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.31). Welltower had a return on equity of 3.20% and a net margin of 12.22%. The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the previous year, the business posted $0.92 earnings per share. The firm’s quarterly revenue was up 23.7% on a year-over-year basis. Equities analysts anticipate that Welltower will post 4.3 EPS for the current fiscal year.

Welltower Company Profile

(Get Free Report

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.

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Analyst Recommendations for Welltower (NYSE:WELL)

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