Welltower Inc (HCN) : Trust Co Of Toledo Na Oh scooped up 340 additional shares in Welltower Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 15, 2016. The investment management firm now holds a total of 133,981 shares of Welltower Inc which is valued at $9,353,214.Welltower Inc makes up approximately 2.79% of Trust Co Of Toledo Na Oh’s portfolio.
Welltower Inc closed down -2.4 points or -3.48% at $66.62 with 26,89,161 shares getting traded on Wednesday. Post opening the session at $69.02, the shares hit an intraday low of $66.55 and an intraday high of $69.15 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Btr Capital Management Inc reduced its stake in HCN by selling 5,590 shares or 39.52% in the most recent quarter. The Hedge Fund company now holds 8,555 shares of HCN which is valued at $597,225. Welltower Inc makes up approx 0.14% of Btr Capital Management Inc’s portfolio. Manning Napier Advisors added HCN to its portfolio by purchasing 107,913 company shares during the most recent quarter which is valued at $7,533,407. Welltower Inc makes up approx 0.05% of Manning Napier Advisors’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in HCN in the latest quarter, The investment management firm added 1,496 additional shares and now holds a total of 46,918 shares of Welltower Inc which is valued at $3,275,346. Welltower Inc makes up approx 0.07% of Oregon Public Employees Retirement Fund’s portfolio.Osborn Rohs Williams Donohoe Ltd reduced its stake in HCN by selling 425 shares or 9.66% in the most recent quarter. The Hedge Fund company now holds 3,975 shares of HCN which is valued at $277,495. Welltower Inc makes up approx 0.06% of Osborn Rohs Williams Donohoe Ltd’s portfolio.Hexavest reduced its stake in HCN by selling 9,972 shares or 1.39% in the most recent quarter. The Hedge Fund company now holds 706,431 shares of HCN which is valued at $49,315,948. Welltower Inc makes up approx 0.76% of Hexavest’s portfolio.
On the company’s financial health, Welltower Inc reported $1.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 18, 2016. Analyst had a consensus of $1.12. The company had revenue of $1029.50 million for the quarter, compared to analysts expectations of $988.50 million. The company’s revenue was up 18.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS.
Many Wall Street Analysts have commented on Welltower Inc. RBC Capital Mkts Downgraded Welltower Inc on Apr 1, 2016 to ” Sector Perform”, Price Target of the shares are set at $70.Shares were Reiterated by RBC Capital Mkts on Feb 22, 2016 to “Outperform” and Lowered the Price Target to $ 70 from a previous price target of $73 .Shares were Reiterated by Mizuho on Feb 19, 2016 to “Neutral” and Lowered the Price Target to $ 60 from a previous price target of $66 .
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.