Impact of Brokerage Rating on Welltower Inc.(HCN)

Many Welltower Inc.(HCN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Welltower Inc was Downgraded by SunTrust to Hold on Jan 20, 2017. Company shares were Reiterated by Mizuho on Jan 11, 2017 to Neutral, Raises Price Target to $ 62 from a previous price target of $59 .Welltower Inc was Downgraded by Wells Fargo to Market Perform on Dec 13, 2016.

Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Timothy J Naughton (director) purchased 2,000 shares at 60.69 per share price.On Oct 4, 2016, Scott A Estes (EVP and CFO) sold 3,192 shares at 74.11 per share price.On Sep 8, 2016, Jeffrey H Miller (EVP-COO) sold 24,777 shares at 78.00 per share price.

Welltower Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $1.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.15. The company had revenue of $1079.10 million for the quarter, compared to analysts expectations of $1054.15 million. The companys revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS.

Welltower Inc. (NYSE:HCN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.58 by 19 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 13 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Welltower Inc. (NYSE:HCN) shares are expected to touch $72.29 in the short term. This short term price target has been shared by 14 analysts. However, the standard deviation of short term price estimate has been valued at 8.2. The target price could hit $86 on the higher end and $62 on the lower end.

Welltower Inc. (NYSE:HCN) witnessed a decline in the market cap on Tuesday as its shares dropped 1.18% or 0.78 points. After the session commenced at $66.44, the stock reached the higher end at $66.48 while it hit a low of $64.87. With the volume soaring to 1,346,764 shares, the last trade was called at $65.51. The company has a 52-week high of $80.19. The company has a market cap of $23,749 million and there are 362,531,660 shares in outstanding. The 52-week low of the share price is $54.38.

Welltower Inc. is a real estate investment trust. Its operating segment consists of seniors housing triple-net, seniors housing operating and medical facilities. The Companys portfolio includes seniors housing communities, nursing/post-acute facilities, medical office buildings, inpatient and outpatient medical centers and life science facilities. Welltower Inc., formerly known as Health Care REIT, Inc., is headquarted in Toledo, Ohio.


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