Welltower Inc (NYSE:WELL) – Research analysts at KeyCorp upped their FY2020 EPS estimates for shares of Welltower in a note issued to investors on Thursday, April 11th. KeyCorp analyst J. Sadler now anticipates that the real estate investment trust will post earnings of $4.40 per share for the year, up from their prior forecast of $4.37.

A number of other research firms have also weighed in on WELL. Deutsche Bank raised their price objective on shares of Welltower from $61.00 to $71.00 and gave the company a “hold” rating in a research note on Friday, March 29th. Morgan Stanley raised their price objective on shares of Welltower from $77.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th. Mitsubishi UFJ Financial Group raised their price objective on shares of Welltower to $82.00 and gave the company an “overweight” rating in a research note on Wednesday, February 13th. Citigroup raised their price objective on shares of Welltower from $71.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, February 14th. Finally, Royal Bank of Canada raised their price objective on shares of Welltower to $76.00 and gave the company a “sector perform” rating in a research note on Thursday, February 21st. Ten investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Welltower has an average rating of “Buy” and an average price target of $71.29.

Welltower stock opened at $76.45 on Monday. Welltower has a 1-year low of $49.58 and a 1-year high of $79.41. The firm has a market capitalization of $30.54 billion, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 3.21 and a beta of 0.46. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.64 and a current ratio of 1.64.

Welltower (NYSE:WELL) last released its quarterly earnings data on Tuesday, February 12th. The real estate investment trust reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.02). Welltower had a net margin of 17.14% and a return on equity of 6.28%. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.26 billion. The firm’s revenue for the quarter was up 12.4% compared to the same quarter last year.

Hedge funds have recently made changes to their positions in the company. Weather Gauge Advisory LLC purchased a new stake in Welltower during the first quarter worth about $984,000. Raymond James Trust N.A. increased its holdings in Welltower by 3.8% during the first quarter. Raymond James Trust N.A. now owns 38,525 shares of the real estate investment trust’s stock worth $2,989,000 after buying an additional 1,399 shares during the last quarter. Retirement Systems of Alabama increased its holdings in Welltower by 4.9% during the first quarter. Retirement Systems of Alabama now owns 179,906 shares of the real estate investment trust’s stock worth $13,961,000 after buying an additional 8,343 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in Welltower by 3.6% during the first quarter. Louisiana State Employees Retirement System now owns 20,400 shares of the real estate investment trust’s stock worth $1,583,000 after buying an additional 700 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in Welltower during the first quarter worth about $2,318,000. Institutional investors own 84.87% of the company’s stock.

In other news, EVP Mercedes Kerr sold 5,000 shares of the stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $74.50, for a total value of $372,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.15% 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.

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Earnings History and Estimates for Welltower (NYSE:WELL)

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