Welltower (NYSE:WELL) Lowered to Sell Rating by Wall Street Zen

Welltower (NYSE:WELL) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Several other research firms have also recently weighed in on WELL. Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a research note on Monday. UBS Group raised their price objective on Welltower from $203.00 to $232.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Wells Fargo & Company lifted their price objective on Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. KeyCorp upped their target price on Welltower from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. Finally, Cantor Fitzgerald raised their target price on Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. One research 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. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $204.80.

Welltower Stock Down 0.7%

Shares of WELL stock opened at $186.23 on Friday. Welltower has a 12 month low of $123.11 and a 12 month high of $209.05. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The firm has a market cap of $127.82 billion, a PE ratio of 128.44, a price-to-earnings-growth ratio of 1.49 and a beta of 0.84. The stock has a 50 day moving average of $189.43 and a 200-day moving average of $171.82.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating the consensus estimate of $1.30 by $0.04. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business’s quarterly revenue was up 30.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.11 EPS. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. On average, equities analysts predict that Welltower will post 4.88 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Hager Investment Management Services LLC increased its position in shares of Welltower by 84.4% during the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 65 shares in the last quarter. Wealth Preservation Advisors LLC bought a new stake in Welltower during the first quarter worth about $27,000. Quarry LP bought a new position in shares of Welltower in the third quarter valued at approximately $33,000. WPG Advisers LLC bought a new position in shares of Welltower in the first quarter valued at approximately $34,000. Finally, MMA Asset Management LLC acquired a new position in shares of Welltower in the 3rd quarter worth approximately $35,000. 94.80% of the stock is owned by institutional investors.

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.