Welltower Inc (HCN) : Bnp Paribas Investment Partners S.a. scooped up 35,040 additional shares in Welltower Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 704,106 shares of Welltower Inc which is valued at $54,744,242.Welltower Inc makes up approximately 0.46% of Bnp Paribas Investment Partners S.a.’s portfolio.
Other Hedge Funds, Including , Finemark National Bank Trust boosted its stake in HCN in the latest quarter, The investment management firm added 2,377 additional shares and now holds a total of 5,150 shares of Welltower Inc which is valued at $400,413. Welltower Inc makes up approx 0.04% of Finemark National Bank Trust’s portfolio. Jackson Wealth Management added HCN to its portfolio by purchasing 21,528 company shares during the most recent quarter which is valued at $1,644,309. Welltower Inc makes up approx 0.60% of Jackson Wealth Management’s portfolio. Jennison Associates sold out all of its stake in HCN during the most recent quarter. The investment firm sold 21,510 shares of HCN which is valued $1,666,165.Btr Capital Management Inc reduced its stake in HCN by selling 100 shares or 1.17% in the most recent quarter. The Hedge Fund company now holds 8,455 shares of HCN which is valued at $652,641. Welltower Inc makes up approx 0.15% of Btr Capital Management Inc’s portfolio.Benjamin F. Edwards Company reduced its stake in HCN by selling 120 shares or 8.65% in the most recent quarter. The Hedge Fund company now holds 1,267 shares of HCN which is valued at $97,496. Welltower Inc makes up approx 0.02% of Benjamin F. Edwards Company’s portfolio.
Welltower Inc closed down -0.61 points or -0.78% at $77.75 with 16,63,687 shares getting traded on Monday. Post opening the session at $78.46, the shares hit an intraday low of $77.68 and an intraday high of $78.71 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Welltower Inc reported $1.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $1.14. The company had revenue of $1076.70 million for the quarter, compared to analysts expectations of $1053.45 million. The company’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 EPS.
Many Wall Street Analysts have commented on Welltower Inc. Company shares were Reiterated by Canaccord Genuity on Aug 15, 2016 to “Buy”, Firm has raised the Price Target to $ 86 from a previous price target of $79 .Company shares were Reiterated by RBC Capital Mkts on Aug 4, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 77 from a previous price target of $72 .Welltower Inc was Downgraded by Hilliard Lyons to ” Underperform” on Aug 2, 2016.
Welltower Inc. formerly Health Care REIT Inc. is a real estate investment trust (REIT). The Company’s portfolio has range of seniors housing and healthcare real estate including seniors housing communities nursing/post-acute facilities medical office buildings inpatient and outpatient medical centers and life science facilities. The Company operates in three segments: seniors housing triple-net seniors housing operating and medical facilities. Its properties consist of land building improvements and related rights. The Company’s hospitals and seniors housing triple-net properties are leased to operators under long-term operating leases. Its medical office building portfolio is primarily self-managed and consists principally of multi-tenant properties leased to health care providers.