Welltower (NYSE:WELL) Price Target Raised to $237.00 at Wells Fargo & Company

Welltower (NYSE:WELL) had its price target lifted by investment analysts at Wells Fargo & Company from $228.00 to $237.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target suggests a potential upside of 18.16% from the stock’s previous close.

A number of other equities research analysts have also recently commented on WELL. UBS Group lifted their price objective on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. BMO Capital Markets reaffirmed an “outperform” rating and set a $245.00 price objective on shares of Welltower in a research note on Monday, May 4th. KeyCorp lifted their price objective on Welltower from $210.00 to $240.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Royal Bank Of Canada lifted their price objective on Welltower from $230.00 to $238.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Finally, Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $231.60.

Welltower Trading Down 2.3%

Shares of NYSE WELL traded down $4.76 during midday trading on Monday, hitting $200.57. The stock had a trading volume of 674,848 shares, compared to its average volume of 3,185,699. The company’s 50-day simple moving average is $208.54 and its 200 day simple moving average is $200.71. The firm has a market cap of $141.59 billion, a P/E ratio of 99.30, a price-to-earnings-growth ratio of 1.06 and a beta of 0.79. Welltower has a fifty-two week low of $148.60 and a fifty-two week high of $221.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.31 and a quick ratio of 4.31.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the previous year, the firm earned $1.20 earnings per share. The firm’s quarterly revenue was up 38.3% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.210-6.350 EPS. Research analysts anticipate that Welltower will post 6.32 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management UK Ltd. bought a new stake in shares of Welltower in the third quarter valued at about $1,781,000. New York Life Investment Management LLC lifted its holdings in shares of Welltower by 4.3% in the third quarter. New York Life Investment Management LLC now owns 97,366 shares of the real estate investment trust’s stock valued at $17,345,000 after purchasing an additional 4,019 shares in the last quarter. Benchmark Investment Advisors LLC bought a new stake in shares of Welltower in the third quarter valued at about $901,000. Signature Estate & Investment Advisors LLC lifted its holdings in shares of Welltower by 3,192.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 47,380 shares of the real estate investment trust’s stock valued at $8,440,000 after purchasing an additional 45,941 shares in the last quarter. Finally, AIA Group Ltd lifted its holdings in shares of Welltower by 53.8% in the third quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock valued at $4,275,000 after purchasing an additional 8,400 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

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.