Raymond James Financial Upgrades Welltower (NYSE:WELL) to Moderate Buy

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

Several other brokerages have also weighed in on WELL. Weiss Ratings raised Welltower from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. Jefferies Financial Group upped their target price on Welltower from $237.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Wall Street Zen raised Welltower from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Wells Fargo & Company upped their target price on Welltower from $228.00 to $237.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, UBS Group upped their target price on Welltower from $240.00 to $249.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $231.25.

Welltower Stock Performance

Shares of WELL stock opened at $206.65 on Tuesday. 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 fifty-two week low of $148.97 and a fifty-two week high of $221.68. The stock’s 50-day moving average is $210.53 and its two-hundred day moving average is $201.41. The firm has a market cap of $145.88 billion, a P/E ratio of 102.30, a PEG ratio of 1.10 and a beta of 0.79.

Welltower (NYSE:WELL) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.34. Welltower had a return on equity of 3.45% and a net margin of 11.96%.The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the prior year, the firm posted $1.20 EPS. The business’s 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. Analysts predict that Welltower will post 6.32 earnings per share for the current fiscal year.

Institutional Trading of Welltower

A number of institutional investors and hedge funds have recently modified their holdings of WELL. Mitsubishi UFJ Asset Management UK Ltd. acquired a new stake in Welltower in the 3rd quarter valued at approximately $1,781,000. Benchmark Investment Advisors LLC acquired a new stake in Welltower in the 3rd quarter valued at approximately $901,000. AIA Group Ltd grew its holdings in Welltower by 53.8% in the 3rd quarter. AIA Group Ltd now owns 24,000 shares of the real estate investment trust’s stock valued at $4,275,000 after buying an additional 8,400 shares during the last quarter. Van ECK Associates Corp grew its holdings in Welltower by 12.7% in the 3rd quarter. Van ECK Associates Corp now owns 359,093 shares of the real estate investment trust’s stock valued at $63,969,000 after buying an additional 40,360 shares during the last quarter. Finally, Nordea Investment Management AB grew its holdings in Welltower by 11.8% in the 4th quarter. Nordea Investment Management AB now owns 1,930,894 shares of the real estate investment trust’s stock valued at $358,915,000 after buying an additional 204,317 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

About Welltower

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.