Welltower (NYSE:WELL) Rating Lowered to “Sell” at StockNews.com

Welltower (NYSE:WELL) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

A number of other equities research analysts also recently issued reports on WELL. Evercore ISI increased their price objective on shares of Welltower from $144.00 to $145.00 and gave the stock an “in-line” rating in a research note on Tuesday, March 4th. Raymond James lifted their price objective on shares of Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a research note on Monday, December 16th. Wedbush upgraded Welltower from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. Wells Fargo & Company raised their target price on Welltower from $140.00 to $158.00 and gave the company an “equal weight” rating in a report on Monday, March 10th. Finally, Mizuho raised their price objective on Welltower from $141.00 to $170.00 and gave the company an “outperform” rating in a research note on Tuesday, March 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $156.46.

Welltower Stock Performance

Shares of NYSE:WELL opened at $150.24 on Wednesday. Welltower has a 12-month low of $87.87 and a 12-month high of $158.55. The company’s 50 day moving average price is $145.31 and its two-hundred day moving average price is $135.34. The firm has a market cap of $96.35 billion, a PE ratio of 96.31, a PEG ratio of 2.87 and a beta of 1.20. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48.

Welltower (NYSE:WELL) last posted its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Equities research analysts predict that Welltower will post 4.88 earnings per share for the current year.

Hedge Funds Weigh In On Welltower

Several large investors have recently modified their holdings of the business. Norges Bank bought a new position in Welltower during the 4th quarter worth $3,943,892,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Welltower by 638.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,920,426 shares of the real estate investment trust’s stock valued at $886,022,000 after buying an additional 5,982,711 shares during the period. FMR LLC raised its holdings in Welltower by 38.1% during the 3rd quarter. FMR LLC now owns 14,428,564 shares of the real estate investment trust’s stock worth $1,847,289,000 after purchasing an additional 3,977,845 shares during the last quarter. Northern Trust Corp lifted its position in shares of Welltower by 53.5% in the 4th quarter. Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust’s stock worth $1,062,495,000 after purchasing an additional 2,939,229 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Welltower by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 98,295,258 shares of the real estate investment trust’s stock valued at $12,388,151,000 after purchasing an additional 2,612,044 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Company Profile

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.