Welltower Inc. (NYSE:HCN)‘s stock had its “hold” rating restated by stock analysts at KeyCorp in a note issued to investors on Tuesday.

HCN has been the topic of a number of other reports. BMO Capital Markets restated a “sell” rating and issued a $68.00 price target on shares of Welltower in a report on Friday, July 28th. Bank of America Corporation cut shares of Welltower to a “neutral” rating and lowered their price target for the company from $78.00 to $77.00 in a report on Friday, September 22nd. Jefferies Group LLC restated a “hold” rating and issued a $72.00 price target on shares of Welltower in a report on Tuesday, October 3rd. BidaskClub cut shares of Welltower from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Mizuho restated a “neutral” rating on shares of Welltower in a report on Wednesday, June 28th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $72.43.

Shares of Welltower (HCN) traded down 0.26% on Tuesday, reaching $68.13. 350,745 shares of the company’s stock traded hands. The company has a market cap of $25.13 billion, a PE ratio of 21.22 and a beta of 0.24. The stock has a 50-day moving average price of $71.32 and a 200-day moving average price of $72.49. Welltower has a 12-month low of $59.39 and a 12-month high of $78.17.

Welltower (NYSE:HCN) last released its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. Welltower had a net margin of 28.94% and a return on equity of 8.74%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period last year, the business earned $0.54 EPS. Equities research analysts anticipate that Welltower will post $2.30 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently bought and sold shares of HCN. Uniplan Investment Counsel Inc. raised its position in Welltower by 311.2% during the 2nd quarter. Uniplan Investment Counsel Inc. now owns 2,883,118 shares of the real estate investment trust’s stock worth $53,217,000 after buying an additional 2,181,913 shares during the last quarter. Vanguard Group Inc. raised its position in Welltower by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 52,225,248 shares of the real estate investment trust’s stock worth $3,698,592,000 after buying an additional 1,304,013 shares during the last quarter. Standard Life Investments LTD raised its position in Welltower by 84.5% during the 2nd quarter. Standard Life Investments LTD now owns 2,279,176 shares of the real estate investment trust’s stock worth $170,517,000 after buying an additional 1,043,676 shares during the last quarter. Epoch Investment Partners Inc. raised its position in Welltower by 15.7% during the 1st quarter. Epoch Investment Partners Inc. now owns 5,633,662 shares of the real estate investment trust’s stock worth $398,975,000 after buying an additional 766,140 shares during the last quarter. Finally, Cbre Clarion Securities LLC raised its position in Welltower by 8.3% during the 2nd quarter. Cbre Clarion Securities LLC now owns 6,401,420 shares of the real estate investment trust’s stock worth $479,146,000 after buying an additional 492,882 shares during the last quarter. 85.77% of the stock is owned by institutional investors.

Welltower Company Profile

Welltower Inc invests with seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. The Company invests in seniors housing and healthcare real estate. It operates in three segments: triple-net, seniors housing operating and outpatient medical. Welltower, a real estate investment trust (REIT), owns interests in properties concentrated in markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities, and outpatient medical properties.

Analyst Recommendations for Welltower (NYSE:HCN)

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