Welltower (NYSE:WELL) Upgraded to “Hold” at StockNews.com

Welltower (NYSE:WELL) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a report released on Tuesday.

Several other equities research analysts have also recently weighed in on WELL. Scotiabank boosted their price target on shares of Welltower from $165.00 to $166.00 and gave the stock a “sector outperform” rating in a research report on Thursday, March 6th. Royal Bank of Canada raised shares of Welltower from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $146.00 to $168.00 in a research note on Friday, February 28th. Jefferies Financial Group raised shares of Welltower from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $132.00 to $147.00 in a research note on Thursday, January 2nd. Wedbush raised shares of Welltower from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. Finally, Mizuho lifted their price objective on shares of Welltower from $141.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and an average price target of $156.46.

Welltower Trading Down 0.8 %

Shares of WELL opened at $148.81 on Tuesday. The company’s fifty day moving average is $142.63 and its 200 day moving average is $134.35. Welltower has a fifty-two week low of $87.87 and a fifty-two week high of $158.55. The stock has a market capitalization of $95.43 billion, a PE ratio of 95.39, a P/E/G ratio of 2.87 and a beta of 1.20. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 11.91% and a return on equity of 3.15%. Sell-side analysts expect that Welltower will post 4.88 earnings per share for the current fiscal year.

Institutional Trading of Welltower

A number of large investors have recently made changes to their positions in the stock. Geller Advisors LLC lifted its stake in Welltower by 3.7% in the fourth quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust’s stock worth $241,000 after acquiring an additional 69 shares during the period. Mather Group LLC. lifted its stake in Welltower by 3.8% in the fourth quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust’s stock worth $259,000 after acquiring an additional 75 shares during the period. Childress Capital Advisors LLC lifted its stake in Welltower by 3.7% in the fourth quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust’s stock worth $271,000 after acquiring an additional 76 shares during the period. Woodmont Investment Counsel LLC lifted its stake in Welltower by 3.8% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust’s stock worth $279,000 after acquiring an additional 81 shares during the period. Finally, Wealthspire Advisors LLC lifted its stake in Welltower by 2.5% in the fourth quarter. Wealthspire Advisors LLC now owns 3,451 shares of the real estate investment trust’s stock worth $435,000 after acquiring an additional 83 shares during the period. 94.80% of the stock is owned by hedge funds and other institutional investors.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower 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.