Welltower (NYSE:WELL) Lowered to “Sell” Rating by StockNews.com

StockNews.com downgraded shares of Welltower (NYSE:WELL) from a hold rating to a sell rating in a report published on Thursday.

Other analysts have also recently issued reports about the company. Jefferies Financial Group raised Welltower from a “hold” rating to a “buy” rating and boosted their price target for the stock from $132.00 to $147.00 in a research report on Thursday, January 2nd. Bank of America boosted their target price on Welltower from $190.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Raymond James raised their price target on Welltower from $145.00 to $155.00 and gave the company a “strong-buy” rating in a report on Monday, December 16th. Scotiabank lifted their price target on Welltower from $142.00 to $144.00 and gave the stock a “sector outperform” rating in a research report on Monday, January 27th. Finally, Mizuho increased their price objective on shares of Welltower from $136.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Welltower presently has an average rating of “Moderate Buy” and an average price target of $134.96.

Welltower Stock Performance

Shares of Welltower stock opened at $151.42 on Thursday. Welltower has a 12 month low of $87.87 and a 12 month high of $151.96. The firm has a market capitalization of $94.29 billion, a P/E ratio of 99.62, a P/E/G ratio of 2.83 and a beta of 1.23. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.51. The business has a fifty day simple moving average of $130.99 and a two-hundred day simple moving average of $128.40.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.73. Welltower had a net margin of 12.22% and a return on equity of 3.20%. On average, equities analysts forecast that Welltower will post 4.3 earnings per share for the current fiscal year.

Welltower Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 25th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $2.68 dividend on an annualized basis and a yield of 1.77%. Welltower’s dividend payout ratio (DPR) is 176.32%.

Institutional Investors Weigh In On Welltower

Large investors have recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC bought a new position in shares of Welltower during the 4th quarter valued at $25,000. Roxbury Financial LLC purchased a new stake in Welltower during the fourth quarter valued at $26,000. Sierra Ocean LLC bought a new position in Welltower in the fourth quarter valued at about $28,000. Fortitude Family Office LLC boosted its position in Welltower by 37.0% in the third quarter. Fortitude Family Office LLC now owns 289 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 78 shares during the last quarter. Finally, Versant Capital Management Inc boosted its position in Welltower by 165.5% in the fourth quarter. Versant Capital Management Inc now owns 300 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 187 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Welltower Company Profile

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower 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.