Welltower Inc. (NYSE:HCN) – Equities researchers at Jefferies Group issued their Q2 2017 earnings per share (EPS) estimates for Welltower in a research report issued on Friday. Jefferies Group analyst O. Okusanya anticipates that the real estate investment trust will post earnings per share of $1.03 for the quarter. Jefferies Group currently has a “Hold” rating and a $65.00 target price on the stock. Jefferies Group also issued estimates for Welltower’s FY2018 earnings at $4.51 EPS.

Welltower (NYSE:HCN) last issued its earnings results on Friday, May 5th. The real estate investment trust reported $1.05 earnings per share for the quarter, hitting the consensus estimate of $1.05. Welltower had a return on equity of 8.94% and a net margin of 29.10%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the prior year, the firm posted $0.42 EPS. The business’s revenue was up 1.4% compared to the same quarter last year.

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Several other analysts also recently issued reports on the company. Evercore ISI downgraded Welltower from an “in-line” rating to an “underperform” rating in a research note on Monday, April 24th. Morgan Stanley raised Welltower from an “equal weight” rating to an “overweight” rating and set a $73.00 price target on the stock in a research note on Monday, March 20th. Zacks Investment Research downgraded Welltower from a “hold” rating to a “sell” rating in a research report on Wednesday, April 5th. J P Morgan Chase & Co lifted their target price on Welltower from $71.00 to $72.00 and gave the company a “neutral” rating in a research report on Monday, April 3rd. Finally, BidaskClub raised Welltower from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $73.43.

Welltower (NYSE:HCN) opened at 73.75 on Monday. The firm has a market capitalization of $27.00 billion, a price-to-earnings ratio of 22.72 and a beta of 0.24. Welltower has a 12 month low of $59.39 and a 12 month high of $80.19. The firm has a 50-day moving average price of $74.06 and a 200 day moving average price of $69.80.

Institutional investors have recently made changes to their positions in the company. Whalerock Point Partners LLC increased its position in shares of Welltower by 1.4% in the fourth quarter. Whalerock Point Partners LLC now owns 9,925 shares of the real estate investment trust’s stock worth $664,000 after buying an additional 140 shares during the period. Kentucky Retirement Systems acquired a new position in shares of Welltower during the fourth quarter worth $1,761,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Welltower during the fourth quarter worth $786,000. Pensionfund Sabic increased its position in shares of Welltower by 29.0% in the first quarter. Pensionfund Sabic now owns 22,247 shares of the real estate investment trust’s stock worth $1,576,000 after buying an additional 5,000 shares during the period. Finally, Liberty Capital Management Inc. increased its position in shares of Welltower by 15.0% in the first quarter. Liberty Capital Management Inc. now owns 16,110 shares of the real estate investment trust’s stock worth $1,141,000 after buying an additional 2,100 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

About Welltower

Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.

Earnings History and Estimates for Welltower (NYSE:HCN)

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