Welltower (NYSE:WELL) Rating Increased to Hold at Wall Street Zen

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

Other analysts also recently issued reports about the stock. UBS Group cut their price objective on shares of Welltower from $232.00 to $228.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Wells Fargo & Company raised their price target on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Morgan Stanley lifted their price target on Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Scotiabank increased their price objective on Welltower from $182.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $231.00 target price on shares of Welltower in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $204.80.

Welltower Trading Up 0.9%

Shares of NYSE WELL opened at $183.56 on Friday. Welltower has a 12-month low of $130.29 and a 12-month high of $209.05. The company has a market cap of $125.98 billion, a price-to-earnings ratio of 126.60, a price-to-earnings-growth ratio of 1.26 and a beta of 0.86. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The stock’s 50 day simple moving average is $192.23 and its 200 day simple moving average is $177.81.

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

Institutional Trading of Welltower

Several institutional investors have recently modified their holdings of WELL. Hager Investment Management Services LLC raised its position in Welltower by 84.4% in the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 65 shares in the last quarter. Marquette Asset Management LLC boosted its position in shares of Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares in the last quarter. Financial Consulate Inc. acquired a new position in shares of Welltower in the 4th quarter worth approximately $34,000. Quarry LP acquired a new position in shares of Welltower in the 3rd quarter worth approximately $33,000. Finally, MMA Asset Management LLC bought a new stake in shares of Welltower in the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 94.80% of the company’s stock.

About Welltower

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.