Kemper Corp Master Retirement Trust Lowers stake in Welltower Inc (HCN)

Welltower Inc (HCN) : Kemper Corp Master Retirement Trust reduced its stake in Welltower Inc by 0.45% during the most recent quarter end. The investment management company now holds a total of 16,693 shares of Welltower Inc which is valued at $1.2 Million after selling 75 shares in Welltower Inc , the firm said in a disclosure report filed with the SEC on May 13, 2016.Welltower Inc makes up approximately 0.62% of Kemper Corp Master Retirement Trust’s portfolio.

Other Hedge Funds, Including , Scotia Capital sold out all of its stake in HCN during the most recent quarter. The investment firm sold 7,601 shares of HCN which is valued $545,524.Cornerstone Capital Management Holdings. reduced its stake in HCN by selling 31,609 shares or 9.36% in the most recent quarter. The Hedge Fund company now holds 305,920 shares of HCN which is valued at $22 Million. Welltower Inc makes up approx 0.18% of Cornerstone Capital Management Holdings.’s portfolio.Lvw Advisors reduced its stake in HCN by selling 700 shares or 13.62% in the most recent quarter. The Hedge Fund company now holds 4,438 shares of HCN which is valued at $318,515. Welltower Inc makes up approx 0.10% of Lvw Advisors’s portfolio.Brighton Jones boosted its stake in HCN in the latest quarter, The investment management firm added 17 additional shares and now holds a total of 4,474 shares of Welltower Inc which is valued at $329,152. Welltower Inc makes up approx 0.06% of Brighton Jones’s portfolio.

Welltower Inc closed down -0.08 points or -0.12% at $68.61 with 21,24,968 shares getting traded on Wednesday. Post opening the session at $68.8, the shares hit an intraday low of $67.52 and an intraday high of $68.96 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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 May 3, 2016. Analyst had a consensus of $1.12. The company had revenue of $1047.10 million for the quarter, compared to analysts expectations of $1033.07 million. The company’s revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.

Many Wall Street Analysts have commented on Welltower Inc. Company shares were Reiterated by Stifel on May 4, 2016 to “Buy”, Firm has raised the Price Target to $ 76 from a previous price target of $73 .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 .

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.

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