Welltower (NYSE:WELL) Given Neutral Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Welltower (NYSE:WELL) in a research note released on Thursday, Marketbeat reports. They currently have a $205.00 price target on the real estate investment trust’s stock.

Other equities research analysts also recently issued reports about the company. KeyCorp upped their price objective on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. Jefferies Financial Group reissued a “buy” rating and set a $231.00 target price on shares of Welltower in a research report on Monday. UBS Group increased their price target on Welltower from $203.00 to $232.00 and gave the company a “buy” rating in a report on Thursday, December 4th. National Bankshares set a $246.00 price target on Welltower in a research report on Friday, October 17th. Finally, Scotiabank lifted their price objective on shares of Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $204.80.

Welltower Price Performance

WELL stock opened at $187.55 on Thursday. Welltower has a 52 week low of $123.11 and a 52 week high of $209.05. The firm has a market capitalization of $128.72 billion, a P/E ratio of 129.34, a price-to-earnings-growth ratio of 1.50 and a beta of 0.84. The company has a fifty day simple moving average of $189.03 and a two-hundred day simple moving average of $171.60. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43.

Welltower (NYSE:WELL) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the previous year, the firm posted $1.11 EPS. The business’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Analysts anticipate that Welltower will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, November 10th. Welltower’s dividend payout ratio (DPR) is 204.14%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Candriam S.C.A. raised its position in shares of Welltower by 2.6% in the second quarter. Candriam S.C.A. now owns 416,674 shares of the real estate investment trust’s stock valued at $64,058,000 after buying an additional 10,584 shares during the last quarter. State Street Corp grew its stake in Welltower by 4.6% during the 2nd quarter. State Street Corp now owns 39,616,289 shares of the real estate investment trust’s stock valued at $6,090,212,000 after acquiring an additional 1,740,196 shares in the last quarter. Federated Hermes Inc. lifted its stake in Welltower by 193.5% in the 2nd quarter. Federated Hermes Inc. now owns 196,453 shares of the real estate investment trust’s stock worth $30,201,000 after purchasing an additional 129,521 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its holdings in shares of Welltower by 55.6% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,013,247 shares of the real estate investment trust’s stock worth $461,660,000 after purchasing an additional 1,076,293 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Welltower during the 1st quarter worth approximately $1,697,000. 94.80% of the stock is currently owned by 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.