Sequoia Financial Advisors LLC Has $874,000 Stock Position in Welltower Inc. (NYSE:WELL)

Sequoia Financial Advisors LLC raised its position in Welltower Inc. (NYSE:WELL) by 52.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,689 shares of the real estate investment trust’s stock after acquiring an additional 3,317 shares during the period. Sequoia Financial Advisors LLC’s holdings in Welltower were worth $874,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC acquired a new position in Welltower in the 4th quarter valued at approximately $25,000. Covestor Ltd raised its holdings in shares of Welltower by 97.4% in the 1st quarter. Covestor Ltd now owns 298 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 147 shares in the last quarter. Headlands Technologies LLC raised its holdings in shares of Welltower by 479.6% in the 3rd quarter. Headlands Technologies LLC now owns 313 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 259 shares in the last quarter. First Capital Advisors Group LLC. acquired a new position in shares of Welltower in the 2nd quarter worth approximately $26,000. Finally, FinTrust Capital Advisors LLC raised its holdings in shares of Welltower by 117.8% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 342 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 185 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Welltower Stock Down 0.6 %

Shares of WELL opened at $89.79 on Monday. The firm has a market capitalization of $53.07 billion, a price-to-earnings ratio of 140.30, a PEG ratio of 2.28 and a beta of 1.08. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.22 and a current ratio of 3.22. The business’s fifty day moving average price is $91.53 and its two-hundred day moving average price is $88.80. Welltower Inc. has a 52 week low of $72.47 and a 52 week high of $94.63.

Welltower (NYSE:WELL) last announced its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.79). The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.72 billion. Welltower had a net margin of 5.12% and a return on equity of 1.47%. The firm’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.83 earnings per share. On average, analysts predict that Welltower Inc. will post 4.03 earnings per share for the current year.

Welltower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, February 23rd were given a $0.61 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $2.44 annualized dividend and a dividend yield of 2.72%. Welltower’s dividend payout ratio is currently 381.26%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WELL. KeyCorp increased their target price on Welltower from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, January 5th. StockNews.com cut Welltower from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Deutsche Bank Aktiengesellschaft started coverage on Welltower in a report on Tuesday, January 30th. They issued a “buy” rating and a $115.00 target price for the company. Mizuho increased their price target on Welltower from $90.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Finally, BNP Paribas started coverage on Welltower in a research report on Monday, March 18th. They set an “outperform” rating and a $104.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $95.57.

Welltower Profile

Welltower Inc (NYSE:WELL), a 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 and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.