Welltower Inc. (NYSE:WELL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Welltower Inc. (NYSE:WELL) has been given an average recommendation of “Moderate Buy” by the fifteen analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $204.80.

A number of research analysts have recently commented on WELL shares. Loop Capital set a $196.00 target price on shares of Welltower in a research report on Wednesday, October 29th. Wells Fargo & Company lifted their price target on shares of Welltower from $200.00 to $218.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Welltower in a report on Monday, December 29th. Jefferies Financial Group restated a “buy” rating and set a $231.00 target price on shares of Welltower in a research note on Monday, December 15th. Finally, Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a research report on Friday, January 23rd.

Hedge Funds Weigh In On Welltower

Institutional investors have recently made changes to their positions in the business. Hager Investment Management Services LLC increased its stake in shares of Welltower by 84.4% in the third quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 65 shares during the last quarter. Marquette Asset Management LLC boosted its stake in Welltower by 62.8% during the 4th quarter. Marquette Asset Management LLC now owns 153 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 59 shares during the last quarter. Quarry LP acquired a new position in Welltower during the 3rd quarter worth $33,000. Financial Consulate Inc. bought a new stake in shares of Welltower in the 4th quarter worth about $34,000. Finally, MMA Asset Management LLC bought a new stake in shares of Welltower in the 3rd quarter worth about $35,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Welltower Stock Performance

Welltower stock opened at $185.52 on Thursday. The firm has a market capitalization of $127.33 billion, a PE ratio of 127.94, a price-to-earnings-growth ratio of 1.30 and a beta of 0.85. Welltower has a one year low of $130.29 and a one year high of $209.05. The stock’s 50 day moving average price is $189.88 and its 200 day moving average price is $179.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.47 and a current ratio of 5.47.

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.