ValuEngine downgraded shares of Welltower (NYSE:WELL) from a buy rating to a hold rating in a research report released on Tuesday.
Several other equities analysts also recently issued reports on WELL. Mizuho reissued a hold rating and set a $67.00 price target on shares of Welltower in a report on Monday, December 11th. Zacks Investment Research downgraded shares of Welltower from a hold rating to a sell rating in a report on Tuesday, January 9th. Stephens set a $70.00 price target on shares of Welltower and gave the company a buy rating in a report on Friday, January 12th. BMO Capital Markets set a $57.00 price target on shares of Welltower and gave the company a sell rating in a report on Monday, January 15th. Finally, SunTrust Banks set a $66.00 price target on shares of Welltower and gave the company a hold rating in a report on Monday, January 22nd. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. Welltower currently has a consensus rating of Hold and an average target price of $64.77.
Welltower stock opened at $55.01 on Tuesday. The firm has a market capitalization of $20,501.29, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 2.34 and a beta of 0.20. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.85 and a quick ratio of 1.85. Welltower has a 12 month low of $51.63 and a 12 month high of $78.17.
Welltower (NYSE:WELL) last released its quarterly earnings data on Thursday, February 22nd. The real estate investment trust reported $1.02 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.02). Welltower had a return on equity of 4.35% and a net margin of 12.13%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. analysts anticipate that Welltower will post 4.04 earnings per share for the current fiscal year.
In related news, Director Gary Whitelaw acquired 1,862 shares of Welltower stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average price of $53.61 per share, with a total value of $99,821.82. Following the completion of the acquisition, the director now directly owns 5,843 shares of the company’s stock, valued at approximately $313,243.23. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Kenneth J. Bacon acquired 600 shares of Welltower stock in a transaction that occurred on Thursday, March 15th. The stock was bought at an average cost of $53.63 per share, with a total value of $32,178.00. The disclosure for this purchase can be found here. Corporate insiders own 0.17% of the company’s stock.
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Welltower Inc (NYSE:HCN), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company 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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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