Welltower (NYSE:WELL) Upgraded by Wall Street Zen to Hold Rating

Welltower (NYSE:WELL) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Friday.

Several other research analysts also recently weighed in on WELL. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $205.00 target price on shares of Welltower in a research report on Thursday, December 18th. UBS Group decreased their price objective on shares of Welltower from $232.00 to $228.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Jefferies Financial Group reiterated a “buy” rating and set a $231.00 price objective on shares of Welltower in a research report on Monday, December 15th. Cantor Fitzgerald reissued an “overweight” rating and set a $204.00 target price on shares of Welltower in a research note on Monday, January 5th. Finally, Morgan Stanley raised their target price on Welltower from $170.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Welltower presently has a consensus rating of “Moderate Buy” and a consensus target price of $204.80.

Welltower Stock Performance

Shares of NYSE WELL opened at $183.56 on Friday. The stock’s fifty day simple moving average is $192.23 and its 200 day simple moving average is $177.81. The stock has a market capitalization of $125.98 billion, a price-to-earnings ratio of 126.60, a PEG ratio of 1.26 and a beta of 0.86. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. Welltower has a 52-week low of $130.29 and a 52-week high of $209.05.

Welltower (NYSE:WELL) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating the consensus estimate of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the prior year, the business posted $1.11 earnings per share. Welltower’s revenue was up 30.7% compared to the same quarter last year. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, sell-side analysts forecast that Welltower will post 4.88 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Welltower

Several institutional investors and hedge funds have recently modified their holdings of the stock. Hager Investment Management Services LLC raised its holdings in shares of Welltower by 84.4% during the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 65 shares in the last quarter. Marquette Asset Management LLC grew its stake in Welltower by 62.8% in the fourth quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 59 shares in the last quarter. Financial Consulate Inc. purchased a new position in Welltower in the fourth quarter valued at about $34,000. Quarry LP acquired a new position in Welltower in the 3rd quarter worth about $33,000. Finally, MMA Asset Management LLC purchased a new stake in shares of Welltower during the 3rd quarter worth about $35,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.