Welltower Inc. (NYSE:WELL) Given Consensus Rating of "Buy" by Brokerages

Shares of Welltower Inc. (NYSE:WELL - Get Free Report) have been assigned a consensus rating of "Buy" from the thirteen research firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $156.46.

A number of equities analysts have commented on WELL shares. Raymond James boosted their price target on shares of Welltower from $145.00 to $155.00 and gave the company a "strong-buy" rating in a research report on Monday, December 16th. Royal Bank of Canada upgraded shares of Welltower from a "sector perform" rating to an "outperform" rating and boosted their price target for the company from $146.00 to $168.00 in a research report on Friday, February 28th. Evercore ISI boosted their price target on shares of Welltower from $144.00 to $145.00 and gave the company an "in-line" rating in a research report on Tuesday, March 4th. 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 research report on Tuesday, February 18th. Finally, Jefferies Financial Group upgraded shares of Welltower from a "hold" rating to a "buy" rating and boosted their price target for the company from $132.00 to $147.00 in a research report on Thursday, January 2nd.

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Institutional Investors Weigh In On Welltower

Several large investors have recently bought and sold shares of WELL. Laurel Wealth Advisors LLC acquired a new position in shares of Welltower in the fourth quarter valued at approximately $25,000. Roxbury Financial LLC acquired a new position in Welltower during the fourth quarter worth $26,000. Sierra Ocean LLC acquired a new position in Welltower during the fourth quarter worth $28,000. Versant Capital Management Inc boosted its holdings in Welltower by 165.5% during the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 187 shares during the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in Welltower during the fourth quarter worth $50,000. Institutional investors own 94.80% of the company's stock.

Welltower Price Performance

Shares of Welltower stock traded down $0.51 during trading on Monday, hitting $148.25. 1,403,784 shares of the company's stock traded hands, compared to its average volume of 2,574,864. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. The firm's fifty day moving average price is $142.63 and its 200 day moving average price is $134.35. Welltower has a twelve month low of $87.87 and a twelve month high of $158.55. The company has a market cap of $95.07 billion, a PE ratio of 94.88, a PEG ratio of 2.87 and a beta of 1.20.

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

Welltower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 25th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Tuesday, February 25th. Welltower's dividend payout ratio (DPR) is 171.79%.

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.