Welltower Inc. (NYSE:HCN) – Jefferies Group issued their Q2 2017 EPS estimates for shares of Welltower in a research note issued on Friday. Jefferies Group analyst O. Okusanya forecasts that the real estate investment trust will post earnings of $1.03 per share for the quarter. Jefferies Group has a “Hold” rating and a $65.00 price objective on the stock. Jefferies Group also issued estimates for Welltower’s FY2018 earnings at $4.51 EPS.

Several other equities analysts have also weighed in on the stock. Royal Bank Of Canada reiterated a “hold” rating and issued a $72.00 target price on shares of Welltower in a report on Monday, June 5th. Zacks Investment Research upgraded shares of Welltower from a “sell” rating to a “hold” rating in a report on Monday, March 20th. BidaskClub upgraded shares of Welltower from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Canaccord Genuity reiterated a “buy” rating and issued a $86.00 target price on shares of Welltower in a report on Friday, May 5th. Finally, Evercore ISI lowered shares of Welltower from an “in-line” rating to an “underperform” rating in a report on Monday, April 24th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $73.43.

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Shares of Welltower (NYSE:HCN) opened at 73.85 on Monday. The company has a market cap of $27.04 billion, a P/E ratio of 22.75 and a beta of 0.24. Welltower has a 52 week low of $59.39 and a 52 week high of $80.19. The firm has a 50-day moving average of $74.06 and a 200 day moving average of $69.80.

Welltower (NYSE:HCN) last announced its quarterly earnings results on Friday, May 5th. The real estate investment trust reported $1.05 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.05. Welltower had a net margin of 29.10% and a return on equity of 8.94%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter last year, the firm earned $0.42 EPS. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year.

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Welltower by 2.6% in the first quarter. Vanguard Group Inc. now owns 52,225,248 shares of the real estate investment trust’s stock worth $3,698,592,000 after buying an additional 1,304,013 shares during the period. Epoch Investment Partners Inc. increased its position in Welltower by 15.7% in the first quarter. Epoch Investment Partners Inc. now owns 5,633,662 shares of the real estate investment trust’s stock worth $398,975,000 after buying an additional 766,140 shares during the period. Dimensional Fund Advisors LP increased its position in Welltower by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 4,915,979 shares of the real estate investment trust’s stock worth $348,149,000 after buying an additional 80,273 shares during the period. Geode Capital Management LLC increased its position in Welltower by 8.1% in the first quarter. Geode Capital Management LLC now owns 4,162,790 shares of the real estate investment trust’s stock worth $294,452,000 after buying an additional 313,209 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its position in Welltower by 3.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 2,773,974 shares of the real estate investment trust’s stock worth $196,453,000 after buying an additional 88,028 shares during the period. 86.09% of the stock is currently owned by institutional investors.

About Welltower

Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.

Earnings History and Estimates for Welltower (NYSE:HCN)

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