Welltower Inc. (HCN): Erin C Ibele , EVP-Head Human Cap.&Corp.Secy. of Welltower Inc. sold 2,500 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $72.10 per share for a total value of $180,241.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 30, 2016, Scott M Brinker (EVP – Chief Investment Officer) sold 1,294 shares at $69.58 per share price.On Mar 4, 2016, Fred S Klipsch (director) sold 2,269 shares at $65.75 per share price.Also, On Feb 24, 2016, Thomas J Derosa (CEO) purchased 33,150 shares at $61.19 per share price.On Nov 12, 2015, Timothy J Naughton (director) purchased 2,100 shares at $59.18 per share price.
Welltower Inc: On Monday, May 16, 2016 heightened volatility was witnessed in Welltower Inc which led to swings in the share price. The shares opened for trading at $71.75 and hit $73.18 on the upside , eventually ending the session at $72.64, with a gain of 1.21% or 0.87 points. The heightened volatility saw the trading volume jump to 13,97,037 shares. The 52-week high of the share price is $74.96 and the company has a market cap of $25,932 M . The 52-week low of the share price is at $52.8.
Company has been under the radar of several Street Analysts.Welltower Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 76 from a previous price target of $73 .The Rating was issued on May 4, 2016.Welltower Inc is Downgraded by RBC Capital Mkts to Sector Perform and the brokerage firm has set the Price Target at $70. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 1, 2016.Welltower Inc is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 70 from a previous price target of $73 . The Rating was issued on Feb 22, 2016.Welltower Inc is Reiterated by Mizuho to Neutral while Lowering the Price Target of the company shares to $ 60 from a previous price target of $66 . The Rating was issued on Feb 19, 2016.Welltower Inc is Upgraded by Hilliard Lyons to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Feb 19, 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.