Welltower (NYSE:WELL) Stock Rating Upgraded by Raymond James Financial

Welltower (NYSE:WELL) was upgraded by analysts at Raymond James Financial to a “moderate buy” rating in a report issued on Tuesday,Zacks.com reports.

WELL has been the subject of several other reports. Wall Street Zen raised shares of Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Scotiabank lifted their price objective on shares of Welltower from $236.00 to $248.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Mizuho set a $239.00 price objective on shares of Welltower in a research report on Friday, May 22nd. Wells Fargo & Company lifted their price objective on shares of Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Jefferies Financial Group lifted their price objective on shares of Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Welltower has a consensus rating of “Moderate Buy” and a consensus target price of $231.25.

Welltower Stock Down 3.2%

Shares of NYSE WELL opened at $206.65 on Tuesday. The company has a 50 day simple moving average of $210.53 and a 200-day simple moving average of $201.41. The company has a market capitalization of $145.88 billion, a P/E ratio of 102.30, a P/E/G ratio of 1.10 and a beta of 0.79. 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 has a 1 year low of $148.97 and a 1 year high of $221.68.

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

Hedge Funds Weigh In On Welltower

Several institutional investors and hedge funds have recently modified their holdings of WELL. Leonteq Securities AG boosted its holdings in shares of Welltower by 92.3% in the 1st quarter. Leonteq Securities AG now owns 125 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Sound Income Strategies LLC raised its stake in shares of Welltower by 124.6% in the 1st quarter. Sound Income Strategies LLC now owns 137 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 76 shares during the period. Hager Investment Management Services LLC raised its stake in shares of Welltower by 84.4% in the 3rd quarter. Hager Investment Management Services LLC now owns 142 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Marquette Asset Management LLC raised its stake in shares of Welltower by 62.8% in 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 period. Finally, Swiss RE Ltd. purchased a new position in shares of Welltower in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

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.