Welltower (NYSE:WELL) Coverage Initiated at UBS Group

Equities researchers at UBS Group assumed coverage on shares of Welltower (NYSE:WELL) in a report issued on Friday, MarketBeat Ratings reports. The firm set a “buy” rating and a $195.00 price target on the real estate investment trust’s stock. UBS Group’s price target points to a potential upside of 17.80% from the stock’s previous close.

Several other brokerages have also weighed in on WELL. Wells Fargo & Company lifted their price objective on Welltower from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Scotiabank lifted their price target on Welltower from $172.00 to $181.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Finally, Evercore ISI boosted their target price on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Welltower presently has an average rating of “Moderate Buy” and an average price target of $177.55.

Welltower Trading Down 0.6%

NYSE WELL opened at $165.53 on Friday. The stock has a market capitalization of $110.71 billion, a price-to-earnings ratio of 93.52, a PEG ratio of 1.86 and a beta of 0.93. Welltower has a one year low of $122.34 and a one year high of $171.09. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.19 and a quick ratio of 4.19. The business’s fifty day moving average is $165.11 and its 200-day moving average is $154.88.

Welltower (NYSE:WELL) last released its earnings results on Monday, July 28th. The real estate investment trust reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.49 billion. Welltower had a return on equity of 3.38% and a net margin of 12.18%.The business’s revenue for the quarter was up 39.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.05 EPS. Welltower has set its FY 2025 guidance at 5.060-5.14 EPS. Equities research analysts predict that Welltower will post 4.88 EPS for the current year.

Insider Activity at Welltower

In related news, Director Andrew Gundlach acquired 20,000 shares of the firm’s stock in a transaction dated Monday, June 30th. The shares were purchased at an average price of $151.46 per share, with a total value of $3,029,200.00. Following the completion of the purchase, the director directly owned 20,000 shares of the company’s stock, valued at $3,029,200. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.21% of the stock is owned by company insiders.

Institutional Trading of Welltower

Several institutional investors have recently made changes to their positions in WELL. SouthState Corp grew its position in shares of Welltower by 704.8% during the first quarter. SouthState Corp now owns 169 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 148 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in shares of Welltower during the first quarter worth about $27,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Welltower during the first quarter worth about $28,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Welltower during the first quarter worth about $28,000. Finally, Hughes Financial Services LLC purchased a new stake in shares of Welltower during the first quarter worth about $31,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

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.