Welltower Inc (HCN) : Budros Ruhlin Roe scooped up 165 additional shares in Welltower Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 13,309 shares of Welltower Inc which is valued at $1,042,893.Welltower Inc makes up approximately 0.34% of Budros Ruhlin Roe’s portfolio.
Other Hedge Funds, Including , Wetherby Asset Management Inc boosted its stake in HCN in the latest quarter, The investment management firm added 203 additional shares and now holds a total of 4,207 shares of Welltower Inc which is valued at $329,661. Welltower Inc makes up approx 0.07% of Wetherby Asset Management Inc’s portfolio.State Of New Jersey Common Pension Fund D reduced its stake in HCN by selling 5,000 shares or 1.5% in the most recent quarter. The Hedge Fund company now holds 328,000 shares of HCN which is valued at $25,406,880. Welltower Inc makes up approx 0.11% of State Of New Jersey Common Pension Fund D’s portfolio.Tradewinds Capital Management boosted its stake in HCN in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 470 shares of Welltower Inc which is valued at $37,285. Welltower Inc makes up approx 0.03% of Tradewinds Capital Management’s portfolio.Financial Architects Inc boosted its stake in HCN in the latest quarter, The investment management firm added 373 additional shares and now holds a total of 1,073 shares of Welltower Inc which is valued at $83,007. Welltower Inc makes up approx 0.02% of Financial Architects Inc’s portfolio. North Star Investment Management Corp. added HCN to its portfolio by purchasing 500 company shares during the most recent quarter which is valued at $38,475. Welltower Inc makes up approx 0.01% of North Star Investment Management Corp.’s portfolio.
Welltower Inc closed down -0.63 points or -0.82% at $76.26 with 17,74,190 shares getting traded on Friday. Post opening the session at $76.64, the shares hit an intraday low of $76.0749 and an intraday high of $76.9218 and the price fluctuated in this range throughout the day.Shares ended Friday 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.