Welltower Inc Could Decline a Lot According to The Today’s Call Option Activity

 Welltower Inc Could Decline a Lot According to The Today's Call Option Activity

In today’s session Welltower Inc (HCN) recorded an unusually high (1,662) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious HCN decrease. With 1,662 contracts traded and 2364 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: HCN161021P00070000 closed last at: $1.35 or 58.8% up. Welltower Inc (NYSE:HCN) has risen 6.25% since March 4, 2016 and is uptrending. It has underperformed by 1.78% the S&P500.

Analysts await Welltower Inc (NYSE:HCN) to report earnings on November, 4. They expect $1.14 earnings per share, up 1.79% or $0.02 from last year’s $1.12 per share. HCN’s profit will be $409.66 million for 15.34 P/E if the $1.14 EPS becomes a reality. After $1.15 actual earnings per share reported by Welltower Inc for the previous quarter, Wall Street now forecasts -0.87% negative EPS growth.

Welltower Inc (NYSE:HCN) Ratings Coverage

Out of 15 analysts covering Health Care Reit Inc. (NYSE:HCN), 4 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 27% are positive. $86 is the highest target while $57 is the lowest. The $71.75 average target is 2.56% above today’s ($69.96) stock price. Health Care Reit Inc. has been the topic of 27 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was downgraded by JP Morgan to “Neutral” on Thursday, December 17. The firm has “Neutral” rating given on Thursday, August 25 by BTIG Research. On Thursday, August 11 the stock rating was maintained by Citigroup with “Neutral”. Deutsche Bank maintained Welltower Inc (NYSE:HCN) on Monday, February 22 with “Hold” rating. The stock of Welltower Inc (NYSE:HCN) earned “Underperform” rating by BMO Capital Markets on Wednesday, January 27. The firm has “Buy” rating given on Tuesday, August 25 by Canaccord Genuity. Hilliard Lyons upgraded the stock to “Neutral” rating in Friday, February 19 report. The stock of Welltower Inc (NYSE:HCN) has “Hold” rating given on Thursday, May 12 by Deutsche Bank. Stephens initiated the shares of HCN in a report on Wednesday, September 14 with “Overweight” rating. The rating was downgraded by Morgan Stanley on Wednesday, June 22 to “Equal-Weight”.

According to Zacks Investment Research, “Welltower Inc. is a real estate investment trust. Its operating segment consists of seniors housing triple-net, seniors housing operating and medical facilities. The Company’s portfolio includes seniors housing communities, nursing/post-acute facilities, medical office buildings, inpatient and outpatient medical centers and life science facilities. Welltower Inc., formerly known as Health Care REIT, Inc., is headquarted in Toledo, Ohio.”

Insitutional Activity: The institutional sentiment decreased to 0.5 in 2016 Q2. Its down 0.35, from 0.85 in 2016Q1. The ratio dived, as 4 funds sold all Welltower Inc shares owned while 6 reduced positions. 0 funds bought stakes while 5 increased positions. They now own 169,883 shares or 26.93% less from 232,502 shares in 2016Q1.
Huntington National Bank owns 22,623 shares or 0.04% of their US portfolio. Wendell David Assocs, a New Hampshire-based fund reported 19,200 shares. Ironwood Inv Counsel Limited Co accumulated 0.12% or 5,908 shares. Budros Ruhlin Roe has invested 0.34% of its portfolio in Welltower Inc (NYSE:HCN). The New York-based Focused Wealth has invested 0.29% in Welltower Inc (NYSE:HCN). Eqis Cap last reported 11,622 shares in the company. Rech & Mgmt, a Massachusetts-based fund reported 6,946 shares. Pettyjohn Wood And White last reported 0.3% of its portfolio in the stock. Alphamark Advsrs Ltd Limited Liability Company holds 11,302 shares or 0.51% of its portfolio. Gemmer Asset Mgmt Limited Liability Corp holds 0.01% or 164 shares in its portfolio. Moreover, Advsrs Limited Liability Company has 0.28% invested in Welltower Inc (NYSE:HCN) for 39,299 shares. A D Beadell Invest Counsel last reported 0.26% of its portfolio in the stock. Liberty Capital Management Inc accumulated 17,060 shares or 0.88% of the stock.

Insider Transactions: Since May 17, 2016, the stock had 0 insider buys, and 7 selling transactions for $5.30 million net activity. ESTES SCOTT A sold $236,572 worth of stock. Shares for $180,242 were sold by IBELE ERIN C on Tuesday, May 17. Brinker Scott M sold 18,424 shares worth $1.41 million. 24,777 shares were sold by Miller Jeffrey H, worth $1.93M on Wednesday, September 7.

Welltower Inc., formerly Health Care REIT, Inc., is a well-known provider of healthcare infrastructure. The company has a market cap of $25.14 billion. The Firm operates through three divisions: triple-net, which includes independent living facilities, independent supportive living facilities , continuing care retirement communities, assisted living facilities, care homes with and without nursing (United Kingdom), Alzheimer’s/dementia care facilities, long-term/post-acute care facilities and hospitals; seniors housing operating, which includes a range of facility types, including independent living facilities and independent supportive living facilities, assisted living facilities, care homes and Alzheimer’s/dementia care facilities, and outpatient medical, which includes outpatient medical buildings. It has a 39.87 P/E ratio. It invests in seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure.

HCN Company Profile

Welltower Inc., formerly Health Care REIT, Inc., incorporated on April 4, 1985, is a well-known provider of healthcare infrastructure. The Firm operates through three divisions: triple-net, seniors housing operating and outpatient medical. The Firm invests in seniors housing operators, post-acute providers and health systems to fund real estate and infrastructure. Welltower, a real estate investment trust (REIT), owns properties in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.

Another recent and important Welltower Inc (NYSE:HCN) news was published by Fool.com which published an article titled: “How Risky Is Welltower Inc.?” on September 15, 2016.

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