Welltower Target of Unusually High Options Trading (NYSE:WELL)


Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:

Welltower Inc (NYSE:WELL) saw some unusual options trading on Tuesday. Investors acquired 4,337 call options on the stock. This represents an increase of 1,021% compared to the typical volume of 387 call options.

Several equities analysts recently commented on WELL shares. Berenberg Bank started coverage on Welltower in a research report on Wednesday, July 22nd. They set a “buy” rating and a $56.00 target price for the company. Deutsche Bank reduced their target price on Welltower from $61.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Citigroup boosted their target price on Welltower from $42.00 to $50.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Bank of America boosted their target price on Welltower from $46.50 to $54.00 and gave the stock an “underperform” rating in a research report on Friday, August 21st. Finally, Evercore ISI upgraded Welltower from an “in-line” rating to an “outperform” rating in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $55.80.

NYSE WELL opened at $60.71 on Wednesday. Welltower has a 1-year low of $24.27 and a 1-year high of $93.17. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.85. The stock has a 50-day moving average of $57.07 and a 200-day moving average of $52.84. The firm has a market cap of $25.33 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 5.67 and a beta of 0.83.

Welltower (NYSE:WELL) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.44). Welltower had a net margin of 26.20% and a return on equity of 8.64%. As a group, equities research analysts forecast that Welltower will post 3.46 earnings per share for the current fiscal year. (adsbygoogle = window.adsbygoogle || []).push({});

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Tuesday, August 18th were issued a dividend of $0.61 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $2.44 dividend on an annualized basis and a yield of 4.02%. Welltower’s dividend payout ratio is presently 58.65%.

A number of large investors have recently made changes to their positions in WELL. tru Independence LLC increased its holdings in Welltower by 89.5% during the 2nd quarter. tru Independence LLC now owns 559 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 264 shares during the period. HHM Wealth Advisors LLC purchased a new position in shares of Welltower during the 1st quarter worth approximately $32,000. NuWave Investment Management LLC purchased a new position in shares of Welltower during the 2nd quarter worth approximately $33,000. Truvestments Capital LLC purchased a new position in shares of Welltower during the 1st quarter worth approximately $35,000. Finally, CVA Family Office LLC purchased a new position in shares of Welltower during the 1st quarter worth approximately $41,000. Institutional investors own 89.24% of the company’s stock.

Welltower Inc (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

The unintended consequences of the coronavirus pandemic are being played out in homes and apartments throughout the world. More and more employees are working from home, that’s if they have a job to go to. Entire industries are effectively shut down as the world attempts to slow the spread of the virus.

At some point, however, things will return to normal. But it will be a new normal. There are many businesses that won’t reopen, and many industries that will forever be changed. As an investor, now is the time to get out your crystal ball. Timing the market is a fool’s errand. But looking at what industries are positioned to thrive in a world that will be changed by the coronavirus is a prudent strategy.

We’ve identified 8 companies that are adapting to what the economy will be like in a post-coronavirus world. It will undoubtedly be more digital than it already is. Supply chains may become more vertically integrated as “Made in America” may take on a whole new meaning. As will the idea of working from home, going to a concert, or even preparing a meal.

Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:

Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

© American Consumer News, LLC dba MarketBeat® 2010-2020. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257
MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.
Do Not Sell My Information

© 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.

Enter your email address below to receive a concise daily summary of analysts’ upgrades, downgrades and new coverage with MarketBeat.com’s FREE daily email newsletter.

SOURCE: https://www.w24news.com/news/welltower-target-of-unusually-high-options-trading-nysewell/?remotepost=280501

Donnez votre point de vue et aboonez-vous!

Votre point de vue compte, donnez votre avis

Téléchargez notre application Android