Welltower Inc. (NYSE:WELL) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Welltower Inc. (NYSE:WELL - Get Free Report) have earned an average rating of "Moderate Buy" from the thirteen brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $161.83.

WELL has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Welltower from a "hold" rating to a "sell" rating in a report on Thursday. Evercore ISI boosted their price target on shares of Welltower from $145.00 to $157.00 and gave the company an "in-line" rating in a report on Thursday, May 1st. Wells Fargo & Company restated an "equal weight" rating on shares of Welltower in a report on Thursday, April 17th. Bank of America boosted their price target on shares of Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Finally, Scotiabank boosted their price objective on shares of Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a research report on Thursday, March 6th.

Welltower Price Performance

Shares of NYSE WELL traded up $1.13 during midday trading on Tuesday, reaching $149.38. The company's stock had a trading volume of 1,763,999 shares, compared to its average volume of 2,895,406. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 0.48. The company has a 50 day moving average price of $147.74 and a 200 day moving average price of $139.86. Welltower has a one year low of $98.36 and a one year high of $158.55. The company has a market cap of $97.69 billion, a price-to-earnings ratio of 95.76, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94.

Welltower (NYSE:WELL - Get Free Report) last released its earnings results on Monday, April 28th. The real estate investment trust reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.05. Welltower had a net margin of 11.91% and a return on equity of 3.15%. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period in the previous year, the firm earned $1.01 EPS. The business's revenue for the quarter was up 30.3% on a year-over-year basis. On average, equities research analysts expect that Welltower will post 4.88 EPS for the current year.

Welltower Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Wednesday, May 14th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Wednesday, May 14th. Welltower's payout ratio is presently 154.02%.

Institutional Trading of Welltower

Several large investors have recently added to or reduced their stakes in the business. Geller Advisors LLC grew its position in Welltower by 3.7% in the fourth quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock worth $241,000 after acquiring an additional 69 shares in the last quarter. Good Life Advisors LLC grew its position in Welltower by 1.2% in the first quarter. Good Life Advisors LLC now owns 5,744 shares of the real estate investment trust's stock worth $880,000 after acquiring an additional 69 shares in the last quarter. Sivia Capital Partners LLC grew its position in Welltower by 4.3% in the first quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock worth $273,000 after acquiring an additional 73 shares in the last quarter. Sound View Wealth Advisors Group LLC grew its position in Welltower by 2.0% in the first quarter. Sound View Wealth Advisors Group LLC now owns 3,644 shares of the real estate investment trust's stock worth $558,000 after acquiring an additional 73 shares in the last quarter. Finally, Mather Group LLC. grew its position in Welltower by 3.8% in the fourth quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust's stock worth $259,000 after acquiring an additional 75 shares in the last quarter. 94.80% of the stock is 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.