Welltower (NYSE:WELL)‘s stock had its “average” rating reaffirmed by research analysts at Wood & Company in a report released on Thursday, AnalystRatings.com reports.

WELL has been the subject of a number of other research reports. Scotiabank set a $80.00 price objective on shares of Welltower and gave the company a “hold” rating in a research report on Friday, June 14th. Stifel Nicolaus lifted their price objective on shares of Welltower from $78.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. BMO Capital Markets reissued a “buy” rating and issued a $86.00 price objective on shares of Welltower in a research report on Monday, August 5th. Raymond James downgraded shares of Welltower from an “outperform” rating to a “market perform” rating and set a $82.27 price objective for the company. in a research report on Thursday, June 13th. They noted that the move was a valuation call. Finally, Morgan Stanley lifted their price objective on shares of Welltower from $83.00 to $91.00 and gave the company an “overweight” rating in a research report on Wednesday, August 14th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $79.84.

Shares of NYSE:WELL traded down $0.03 during midday trading on Thursday, reaching $88.90. 1,319,970 shares of the company were exchanged, compared to its average volume of 1,893,996. Welltower has a fifty-two week low of $60.93 and a fifty-two week high of $90.25. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.95. The stock has a fifty day simple moving average of $85.43 and a two-hundred day simple moving average of $79.79. The firm has a market cap of $36.14 billion, a PE ratio of 22.06, a P/E/G ratio of 4.65 and a beta of 0.29.

Welltower (NYSE:WELL) last issued its quarterly earnings data on Wednesday, July 31st. The real estate investment trust reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.70). Welltower had a return on equity of 4.62% and a net margin of 11.98%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the business earned $1.00 earnings per share. The company’s revenue was up 17.2% on a year-over-year basis. As a group, analysts forecast that Welltower will post 4.16 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Welltower by 5.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 46,738 shares of the real estate investment trust’s stock valued at $3,627,000 after purchasing an additional 2,219 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of Welltower by 32.0% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 242,721 shares of the real estate investment trust’s stock valued at $19,789,000 after purchasing an additional 58,906 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of Welltower by 6.6% during the 1st quarter. Daiwa Securities Group Inc. now owns 7,184,481 shares of the real estate investment trust’s stock valued at $557,516,000 after purchasing an additional 446,202 shares during the last quarter. Federated Investors Inc. PA grew its holdings in shares of Welltower by 0.8% during the 1st quarter. Federated Investors Inc. PA now owns 2,089,016 shares of the real estate investment trust’s stock valued at $162,108,000 after purchasing an additional 17,511 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Welltower by 154.5% during the 1st quarter. American Century Companies Inc. now owns 3,020,615 shares of the real estate investment trust’s stock valued at $234,400,000 after purchasing an additional 1,833,933 shares during the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

About Welltower

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.

Further Reading: Options Trading – Understanding Strike Price

Analyst Recommendations for Welltower (NYSE:WELL)

Receive News & Ratings for Welltower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welltower and related companies with MarketBeat.com's FREE daily email newsletter.