Wall Street Zen Downgrades Welltower (NYSE:WELL) to Sell

Welltower (NYSE:WELL) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

A number of other analysts have also issued reports on WELL. Scotiabank increased their target price on Welltower from $181.00 to $182.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Evercore ISI increased their price target on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research note on Monday, September 15th. National Bankshares set a $246.00 target price on shares of Welltower in a research report on Friday, October 17th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a research note on Tuesday, September 2nd. Finally, Cantor Fitzgerald raised their target price on shares of Welltower from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $187.93.

Welltower Stock Performance

Shares of NYSE WELL opened at $180.99 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.19 and a current ratio of 5.47. The stock has a fifty day moving average price of $171.64 and a two-hundred day moving average price of $160.81. Welltower has a 1 year low of $123.11 and a 1 year high of $189.53. The firm has a market cap of $124.22 billion, a P/E ratio of 124.82, a PEG ratio of 1.93 and a beta of 0.92.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the previous year, the firm earned $1.11 EPS. The business’s revenue for the quarter was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Research analysts forecast that Welltower will post 4.88 EPS for the current fiscal year.

Institutional Trading of Welltower

Several hedge funds have recently modified their holdings of WELL. Sachetta LLC raised its stake in shares of Welltower by 14.9% in the third quarter. Sachetta LLC now owns 448 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 58 shares during the last quarter. PDS Planning Inc grew its holdings in Welltower by 1.4% during the 3rd quarter. PDS Planning Inc now owns 4,326 shares of the real estate investment trust’s stock worth $771,000 after acquiring an additional 59 shares during the period. Modera Wealth Management LLC grew its holdings in Welltower by 3.4% during the 3rd quarter. Modera Wealth Management LLC now owns 1,807 shares of the real estate investment trust’s stock worth $322,000 after acquiring an additional 60 shares during the period. Values First Advisors Inc. increased its stake in Welltower by 1.0% in the third quarter. Values First Advisors Inc. now owns 6,229 shares of the real estate investment trust’s stock valued at $1,110,000 after purchasing an additional 62 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in Welltower by 3.4% in the third quarter. Parkside Financial Bank & Trust now owns 1,928 shares of the real estate investment trust’s stock valued at $343,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

About Welltower

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.