Welltower Inc (HCN) : Lgt Capital Partners Ltd. scooped up 35,520 additional shares in Welltower Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 11, 2016. The investment management firm now holds a total of 258,965 shares of Welltower Inc which is valued at $18,073,167.Welltower Inc makes up approximately 2.55% of Lgt Capital Partners Ltd.’s portfolio.
Other Hedge Funds, Including , Kelman-lazarov added HCN to its portfolio by purchasing 8,710 company shares during the most recent quarter which is valued at $607,871. Welltower Inc makes up approx 0.35% of Kelman-lazarov’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in HCN by selling 1,020 shares or 1.1% in the most recent quarter. The Hedge Fund company now holds 91,388 shares of HCN which is valued at $6,355,122. Welltower Inc makes up approx 0.13% of Exxonmobil Investment Management Inc Tx’s portfolio.Advisory Services Network boosted its stake in HCN in the latest quarter, The investment management firm added 756 additional shares and now holds a total of 1,690 shares of Welltower Inc which is valued at $117,523. Welltower Inc makes up approx 0.02% of Advisory Services Network’s portfolio.Chevy Chase Trust Holdings reduced its stake in HCN by selling 6,448 shares or 1.94% in the most recent quarter. The Hedge Fund company now holds 325,597 shares of HCN which is valued at $22,915,517. Welltower Inc makes up approx 0.13% of Chevy Chase Trust Holdings’s portfolio.Beacon Financial Group boosted its stake in HCN in the latest quarter, The investment management firm added 305 additional shares and now holds a total of 69,765 shares of Welltower Inc which is valued at $4,910,061. Welltower Inc makes up approx 1.03% of Beacon Financial Group’s portfolio.
Welltower Inc closed down -1.05 points or -1.50% at $68.74 with 17,75,646 shares getting traded on Tuesday. Post opening the session at $69.59, the shares hit an intraday low of $68.64 and an intraday high of $69.98 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.