Welltower Inc. (NYSE:WELL) Receives $156.46 Average Price Target from Analysts

Shares of Welltower Inc. (NYSE:WELL - Get Free Report) have earned a consensus recommendation of "Buy" from the thirteen analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $156.46.

WELL has been the topic of several research reports. Scotiabank lifted their price objective on Welltower from $165.00 to $166.00 and gave the company a "sector outperform" rating in a research report on Thursday, March 6th. StockNews.com lowered Welltower from a "hold" rating to a "sell" rating in a research report on Wednesday, March 26th. Wedbush upgraded shares of Welltower from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $145.00 to $167.00 in a research note on Friday, February 14th. Bank of America boosted their price objective on shares of Welltower from $221.00 to $242.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group raised shares of Welltower from a "hold" rating to a "buy" rating and raised their target price for the company from $132.00 to $147.00 in a research note on Thursday, January 2nd.

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Welltower Price Performance

Shares of NYSE WELL traded up $0.29 during mid-day trading on Friday, reaching $146.88. 71,240 shares of the company were exchanged, compared to its average volume of 2,857,853. The stock has a market capitalization of $95.24 billion, a PE ratio of 94.45, a PEG ratio of 2.87 and a beta of 0.93. The company's 50 day moving average price is $148.09 and its 200 day moving average price is $137.17. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.48. Welltower has a 52 week low of $87.87 and a 52 week high of $158.55.

Welltower (NYSE:WELL - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.73. Welltower had a return on equity of 3.15% and a net margin of 11.91%. Sell-side analysts forecast that Welltower will post 4.88 earnings per share for the current fiscal year.

Welltower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.82%. The ex-dividend date was Tuesday, February 25th. Welltower's dividend payout ratio (DPR) is 171.79%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in WELL. Geller Advisors LLC increased its stake in shares of Welltower by 3.7% during the 4th quarter. Geller Advisors LLC now owns 1,911 shares of the real estate investment trust's stock valued at $241,000 after acquiring an additional 69 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Welltower by 4.3% during the 1st quarter. Sivia Capital Partners LLC now owns 1,783 shares of the real estate investment trust's stock valued at $273,000 after buying an additional 73 shares during the period. Mather Group LLC. increased its holdings in shares of Welltower by 3.8% during the 4th quarter. Mather Group LLC. now owns 2,053 shares of the real estate investment trust's stock worth $259,000 after buying an additional 75 shares during the last quarter. Childress Capital Advisors LLC raised its position in shares of Welltower by 3.7% in the 4th quarter. Childress Capital Advisors LLC now owns 2,152 shares of the real estate investment trust's stock worth $271,000 after buying an additional 76 shares during the period. Finally, Woodmont Investment Counsel LLC grew its position in Welltower by 3.8% during the fourth quarter. Woodmont Investment Counsel LLC now owns 2,213 shares of the real estate investment trust's stock valued at $279,000 after acquiring an additional 81 shares during the period. Institutional investors and hedge funds own 94.80% of the company's stock.

About Welltower

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.