Shares of Welltower Inc. (NYSE:HCN) have been given an average rating of “Hold” by the seventeen research firms that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $73.00.

Several brokerages have recently weighed in on HCN. Mizuho reaffirmed a “hold” rating and issued a $67.00 price target on shares of Welltower in a research report on Monday. Royal Bank of Canada reissued a “hold” rating and set a $74.00 target price on shares of Welltower in a research report on Tuesday, October 10th. Jefferies Group reissued a “hold” rating and set a $72.00 target price on shares of Welltower in a research report on Tuesday, October 3rd. Capital One Financial began coverage on shares of Welltower in a research report on Monday, September 25th. They set an “equal weight” rating and a $74.00 target price for the company. Finally, UBS decreased their target price on shares of Welltower from $71.00 to $69.00 and set a “neutral” rating for the company in a research report on Monday, October 2nd.

Welltower (NYSE:HCN) traded down $0.12 during trading on Thursday, reaching $66.29. 1,906,611 shares of the company’s stock traded hands, compared to its average volume of 1,779,181. The stock has a market cap of $24,530.00, a PE ratio of 15.41, a price-to-earnings-growth ratio of 4.45 and a beta of 0.25. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.76 and a current ratio of 1.76. Welltower has a 12 month low of $63.05 and a 12 month high of $78.17.

Welltower (NYSE:HCN) last released its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.03. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Welltower had a net margin of 22.67% and a return on equity of 7.45%. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.16 EPS. research analysts predict that Welltower will post 4.24 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Tuesday, November 7th were paid a $0.87 dividend. The ex-dividend date was Monday, November 6th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 5.25%. Welltower’s payout ratio is currently 305.26%.

In other Welltower news, Director Gary Whitelaw acquired 1,420 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were purchased at an average price of $68.39 per share, for a total transaction of $97,113.80. Following the completion of the purchase, the director now directly owns 1,420 shares of the company’s stock, valued at $97,113.80. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 0.19% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in HCN. Spectrum Management Group Inc. purchased a new stake in Welltower during the third quarter worth $100,000. Wealthcare Advisory Partners LLC purchased a new stake in Welltower during the third quarter worth $101,000. Bessemer Group Inc. boosted its holdings in Welltower by 97.6% during the second quarter. Bessemer Group Inc. now owns 1,413 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 698 shares in the last quarter. San Francisco Sentry Investment Group CA boosted its holdings in Welltower by 1,048.5% during the third quarter. San Francisco Sentry Investment Group CA now owns 1,539 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 1,405 shares in the last quarter. Finally, Hudock Capital Group LLC lifted its holdings in Welltower by 543.7% during the third quarter. Hudock Capital Group LLC now owns 2,002 shares of the real estate investment trust’s stock valued at $140,000 after purchasing an additional 1,691 shares in the last quarter. 86.67% of the stock is currently owned by hedge funds and other institutional investors.

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Welltower Company Profile

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.

Analyst Recommendations for Welltower (NYSE:HCN)

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