Welltower Inc (HCN) : Trust Co Of Toledo Na Oh scooped up 1,385 additional shares in Welltower Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 25, 2016. The investment management firm now holds a total of 135,366 shares of Welltower Inc which is valued at $10,471,914.Welltower Inc makes up approximately 2.96% of Trust Co Of Toledo Na Oh’s portfolio.
Other Hedge Funds, Including , Daiwa Securities Group reduced its stake in HCN by selling 4,281,767 shares or 53.72% in the most recent quarter. The Hedge Fund company now holds 3,688,138 shares of HCN which is valued at $285,314,356. Welltower Inc makes up approx 1.71% of Daiwa Securities Group’s portfolio.Chesley Taft Associates boosted its stake in HCN in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 24,715 shares of Welltower Inc which is valued at $1,946,306. Welltower Inc makes up approx 0.19% of Chesley Taft Associates’s portfolio.Dnb Asset Management As boosted its stake in HCN in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 27,427 shares of Welltower Inc which is valued at $2,074,030. Welltower Inc makes up approx 0.04% of Dnb Asset Management As’s portfolio.
Welltower Inc opened for trading at $78.51 and hit $79.99 on the upside on Friday, eventually ending the session at $79.33, with a gain of 1.22% or 0.96 points. The heightened volatility saw the trading volume jump to 19,25,199 shares. Company has a market cap of $28,320 M.
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. Welltower Inc was Downgraded by Morgan Stanley to ” Equal-Weight” on Jun 22, 2016. 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 .
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.