What’s Next for Welltower Inc After Today’s Bullish Options Activity?

 What's Next for Welltower Inc After Today's Bullish Options Activity?

In today’s session Welltower Inc (HCN) registered an unusually high (757) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious HCN increase. With 757 contracts traded and 2534 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HCN161118C00067500 closed last at: $0.55 or 54.2% down. About 355,519 shares traded hands. Welltower Inc (NYSE:HCN) has declined 6.15% since April 5, 2016 and is downtrending. It has underperformed by 8.11% the S&P500.

Welltower Inc (NYSE:HCN) Ratings Coverage

Out of 15 analysts covering Health Care Reit Inc. (NYSE:HCN), 5 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 33% are positive. $86 is the highest target while $57 is the lowest. The $72.67 average target is 11.03% above today’s ($65.45) stock price. Health Care Reit Inc. has been the topic of 28 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was downgraded by BMO Capital Markets to “Market Perform” on Thursday, January 14. The firm earned “Buy” rating on Tuesday, August 25 by Canaccord Genuity. The company was downgraded on Monday, October 26 by Mizuho. The firm has “Underperform” rating by BMO Capital Markets given on Wednesday, January 27. On Friday, April 1 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. RBC Capital Markets maintained Welltower Inc (NYSE:HCN) on Monday, February 22 with “Outperform” rating. Citigroup maintained Welltower Inc (NYSE:HCN) rating on Thursday, August 11. Citigroup has “Neutral” rating and $80 price target. Hilliard Lyons upgraded Welltower Inc (NYSE:HCN) on Friday, February 19 to “Neutral” rating. The firm earned “Hold” rating on Thursday, May 12 by Deutsche Bank. As per Thursday, December 17, the company rating was downgraded by JP Morgan.

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 fall, 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.
Moreover, Research And Management has 0.2% invested in Welltower Inc (NYSE:HCN) for 6,946 shares. A D Beadell Inv Counsel owns 4,150 shares or 0.26% of their US portfolio. Wendell David Inc reported 19,200 shares or 0.29% of all its holdings. Pettyjohn Wood White Inc accumulated 9,995 shares or 0.3% of the stock. Cap Investment Advsrs Ltd Liability Corp owns 39,299 shares or 0.28% of their US portfolio. The Arizona-based Ironwood Inv Counsel Limited Co has invested 0.12% in Welltower Inc (NYSE:HCN). Focused Wealth Mgmt reported 8,305 shares or 0.29% of all its holdings. Gemmer Asset Management reported 164 shares or 0.01% of all its holdings. Alphamark Advsrs Limited Liability has 0.51% invested in the company for 11,302 shares. Liberty reported 17,060 shares or 0.88% of all its holdings. Budros Ruhlin And Roe Incorporated holds 0.34% or 13,309 shares in its portfolio. Eqis Mgmt last reported 11,622 shares in the company. Huntington Natl Bank holds 0.04% or 22,623 shares in its portfolio.

Insider Transactions: Since May 17, 2016, the stock had 0 buys, and 7 selling transactions for $5.30 million net activity. Another trade for 24,777 shares valued at $1.93M was sold by Miller Jeffrey H. $236,572 worth of Welltower Inc (NYSE:HCN) shares were sold by ESTES SCOTT A. Another trade for 2,500 shares valued at $180,242 was made by IBELE ERIN C on Tuesday, May 17. 18,424 shares were sold by Brinker Scott M, worth $1.41 million.

Welltower Inc., formerly Health Care REIT, Inc., is a well-known provider of healthcare infrastructure. The company has a market cap of $23.36 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 37.3 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.

More important recent Welltower Inc (NYSE:HCN) news were published by: Fool.com which released: “Welltower Inc.’s Earnings Rise on New Additions” on November 02, 2016, also Fool.com published article titled: “Better Buy: Welltower Inc. vs. Brookdale Senior Living”, Finance.Yahoo.com published: “Welltower Inc. Declares Third Quarter 2016 Dividend” on October 27, 2016. More interesting news about Welltower Inc (NYSE:HCN) was released by: Forbes.com and their article: “Ex-Dividend Reminder: Welltower, TD Ameritrade Holding and Carlyle Group” with publication date: November 02, 2016.

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