Welltower (NYSE:WELL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Welltower (NYSE:WELL) from a sell rating to a hold rating in a research report report published on Saturday.

Other research analysts have also recently issued reports about the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Welltower in a research report on Wednesday, November 19th. Cantor Fitzgerald increased their price target on shares of Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. 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 report on Thursday, November 13th. Wells Fargo & Company upped their target price on shares of Welltower from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Finally, Morgan Stanley raised their price target on Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Welltower currently has an average rating of “Moderate Buy” and a consensus target price of $192.73.

Welltower Stock Up 1.3%

Shares of NYSE:WELL opened at $202.60 on Friday. The firm has a fifty day moving average price of $179.62 and a two-hundred day moving average price of $165.75. The company has a market cap of $139.05 billion, a price-to-earnings ratio of 139.72, a PEG ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.47 and a quick ratio of 4.19. Welltower has a one year low of $123.11 and a one year high of $203.18.

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

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, November 10th. Welltower’s dividend payout ratio (DPR) is 204.14%.

Institutional Investors Weigh In On Welltower

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Hager Investment Management Services LLC increased its stake in Welltower by 84.4% in 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 during the period. SouthState Corp grew its holdings in shares of Welltower by 704.8% in 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 during the last quarter. Wealth Preservation Advisors LLC purchased a new position in shares of Welltower in the first quarter worth $27,000. N.E.W. Advisory Services LLC bought a new stake in Welltower during the 1st quarter valued at $32,000. Finally, Quarry LP purchased a new stake in Welltower during the 3rd quarter valued at $33,000. 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.