Welltower Inc (NYSE:WELL) has been given an average rating of “Buy” by the sixteen analysts that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $79.12.

A number of equities research analysts have weighed in on WELL shares. Scotiabank set a $80.00 price objective on Welltower and gave the company a “hold” rating in a research note on Friday, June 14th. Raymond James cut Welltower from an “outperform” rating to a “market perform” rating and set a $82.27 price objective for the company. in a research note on Thursday, June 13th. They noted that the move was a valuation call. BMO Capital Markets reiterated a “buy” rating and issued a $86.00 price objective on shares of Welltower in a research note on Monday, August 5th. Finally, Stifel Nicolaus boosted their price objective on Welltower from $78.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, August 1st.

Institutional investors have recently added to or reduced their stakes in the company. Citizens Financial Group Inc RI purchased a new stake in shares of Welltower during the first quarter worth approximately $30,000. Massey Quick Simon & CO. LLC acquired a new position in Welltower during the first quarter worth $31,000. Heritage Wealth Advisors grew its holdings in Welltower by 464.6% during the first quarter. Heritage Wealth Advisors now owns 446 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 367 shares during the period. Gradient Investments LLC grew its holdings in Welltower by 590.3% during the second quarter. Gradient Investments LLC now owns 497 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 425 shares during the period. Finally, Trustcore Financial Services LLC grew its holdings in Welltower by 674.3% during the first quarter. Trustcore Financial Services LLC now owns 542 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 472 shares during the period. Institutional investors and hedge funds own 87.04% of the company’s stock.

WELL stock traded down $0.14 during trading on Tuesday, hitting $87.85. 1,734,554 shares of the company’s stock were exchanged, compared to its average volume of 2,105,637. The firm’s 50-day moving average price is $84.41. The firm has a market capitalization of $35.78 billion, a PE ratio of 21.80, a price-to-earnings-growth ratio of 4.58 and a beta of 0.29. Welltower has a 52-week low of $60.93 and a 52-week high of $88.87. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.73 and a quick ratio of 1.73.

Welltower (NYSE:WELL) last posted its earnings results on Wednesday, July 31st. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.70). The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Welltower had a return on equity of 4.62% and a net margin of 11.98%. Welltower’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.00 EPS. On average, equities research analysts predict that Welltower will post 4.17 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 22nd. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 3.96%. The ex-dividend date of this dividend is Wednesday, August 14th. Welltower’s dividend payout ratio (DPR) is presently 86.35%.

Welltower Company Profile

Welltower Inc (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company 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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