Welltower (NYSE:WELL) had its price target upped by MED from $72.00 to $76.00 in a research report report published on Wednesday, The Fly reports. They currently have an overweight rating on the real estate investment trust’s stock.

Several other research analysts have also recently weighed in on WELL. ValuEngine upgraded shares of Welltower from a hold rating to a buy rating in a research report on Wednesday, October 31st. Barclays began coverage on shares of Welltower in a research report on Tuesday, September 25th. They issued an overweight rating for the company. SunTrust Banks boosted their price objective on shares of Welltower to $72.00 and gave the stock a hold rating in a research report on Wednesday, October 31st. TheStreet cut shares of Welltower from a b rating to a c+ rating in a research report on Thursday, October 11th. Finally, Morgan Stanley boosted their price objective on shares of Welltower from $63.00 to $67.00 and gave the stock an overweight rating in a research report on Thursday, August 16th. Ten research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $64.50.

NYSE:WELL opened at $73.73 on Wednesday. Welltower has a 1 year low of $49.58 and a 1 year high of $74.75. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.54 and a quick ratio of 1.54. The company has a market capitalization of $27.10 billion, a PE ratio of 17.51, a PEG ratio of 3.02 and a beta of 0.26.

Welltower (NYSE:WELL) last posted its earnings results on Tuesday, October 30th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.85). Welltower had a net margin of 12.99% and a return on equity of 4.86%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter last year, the firm posted $1.08 EPS. The business’s revenue was up 13.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Welltower will post 4.06 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 21st. Shareholders of record on Monday, November 12th were issued a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date of this dividend was Friday, November 9th. Welltower’s dividend payout ratio is presently 82.66%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rehmann Capital Advisory Group grew its holdings in Welltower by 18.1% during the 3rd quarter. Rehmann Capital Advisory Group now owns 3,354 shares of the real estate investment trust’s stock worth $216,000 after acquiring an additional 513 shares during the period. National Asset Management Inc. grew its holdings in Welltower by 16.0% during the 3rd quarter. National Asset Management Inc. now owns 5,355 shares of the real estate investment trust’s stock worth $347,000 after acquiring an additional 737 shares during the period. Benjamin F. Edwards & Company Inc. grew its holdings in Welltower by 26.3% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 3,845 shares of the real estate investment trust’s stock worth $247,000 after acquiring an additional 800 shares during the period. Windward Capital Management Co. CA grew its holdings in Welltower by 2.3% during the 3rd quarter. Windward Capital Management Co. CA now owns 37,679 shares of the real estate investment trust’s stock worth $2,424,000 after acquiring an additional 830 shares during the period. Finally, Zeke Capital Advisors LLC grew its holdings in Welltower by 5.0% during the 3rd quarter. Zeke Capital Advisors LLC now owns 21,068 shares of the real estate investment trust’s stock worth $1,355,000 after acquiring an additional 1,000 shares during the period. 88.54% of the stock is owned by hedge funds and other institutional investors.

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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