Welltower (NYSE:WELL) Stock Rating Upgraded by JPMorgan Chase & Co.

by · The Markets Daily

Welltower (NYSE:WELL – Get Free Report) was upgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Thursday, MarketBeat Ratings reports. The firm presently has a $260.00 price target on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 13.11% from the stock’s previous close.

Several other research firms have also recently issued reports on WELL. Wells Fargo & Company increased their target price on Welltower from $237.00 to $266.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft increased their price objective on Welltower from $215.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. KeyCorp raised their target price on shares of Welltower from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Royal Bank Of Canada boosted their price objective on Welltower from $238.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Welltower in a research note on Monday. Fifteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Welltower has an average rating of “Moderate Buy” and an average price target of $255.39.

Check Out Our Latest Research Report on WELL

Welltower Stock Performance

Welltower stock opened at $229.85 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16. The stock has a market cap of $165.67 billion, a price-to-earnings ratio of 105.44, a PEG ratio of 1.10 and a beta of 0.76. The stock’s 50 day simple moving average is $237.53 and its two-hundred day simple moving average is $221.10. Welltower has a fifty-two week low of $163.75 and a fifty-two week high of $255.20.

Welltower (NYSE:WELL – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Welltower had a return on equity of 3.56% and a net margin of 12.15%.The company had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the previous year, the business posted $1.28 earnings per share. The firm’s revenue was up 39.1% compared to the same quarter last year. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. As a group, analysts expect that Welltower will post 6.43 earnings per share for the current fiscal year.

Insider Buying and Selling at Welltower

In other Welltower news, Director Andrew Gundlach bought 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average cost of $242.06 per share, with a total value of $1,210,300.00. Following the completion of the purchase, the director directly owned 30,000 shares of the company’s stock, valued at $7,261,800. This trade represents a 20.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Purchased indirectly through two trusts. The transaction was executed in multiple trades at prices ranging from $241.59 to $242.59. The reported $242.06 price is the weighted-average purchase price. 0.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Welltower

Hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank bought a new stake in Welltower during the 4th quarter worth $5,466,264,000. Bank of America Corp DE bought a new stake in Welltower during the second quarter worth about $4,425,089,000. Cardano Risk Management B.V. raised its stake in shares of Welltower by 955.3% during the fourth quarter. Cardano Risk Management B.V. now owns 9,513,540 shares of the real estate investment trust’s stock valued at $1,765,808,000 after acquiring an additional 8,612,016 shares during the last quarter. Legal & General Group Plc purchased a new position in Welltower during the 2nd quarter valued at about $1,599,351,000. Finally, Capital World Investors lifted its stake in Welltower by 153.0% during the 4th quarter. Capital World Investors now owns 10,744,520 shares of the real estate investment trust’s stock valued at $1,994,290,000 after acquiring an additional 6,497,258 shares during the period. 94.80% of the stock is currently owned by institutional investors.

About Welltower

(Get Free Report)

Welltower Inc is a real estate investment trust (REIT) that owns, operates and finances healthcare-related real estate. The company focuses on properties that support healthcare delivery and services, including senior housing communities, outpatient medical facilities and post-acute care properties.

Welltower partners with healthcare providers, senior housing operators and other service providers to develop and manage facilities designed to serve aging populations and patients requiring ongoing or specialized care.

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