What’s Welltower Inc Upside After Today’s Bullish Options Activity?

 What's Welltower Inc Upside After Today's Bullish Options Activity?

In today’s session Welltower Inc (HCN) registered an unusually high (1,518) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious HCN increase. With 1,518 contracts traded and 2604 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: HCN161216C00062500 closed last at: $1.2 or 17.2% down. About 679,530 shares traded hands. Welltower Inc (NYSE:HCN) has declined 6.30% since April 21, 2016 and is downtrending. It has underperformed by 11.63% the S&P500.

Analysts await Welltower Inc (NYSE:HCN) to report earnings on February, 16. They expect $1.11 EPS, down 1.77% or $0.02 from last year’s $1.13 per share. HCN’s profit will be $406.20M for 13.90 P/E if the $1.11 EPS becomes a reality. After $1.16 actual EPS reported by Welltower Inc for the previous quarter, Wall Street now forecasts -4.31% negative EPS growth.

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 17.72% above today’s ($61.73) stock price. Health Care Reit Inc. has been the topic of 28 analyst reports since July 21, 2015 according to StockzIntelligence Inc. As per Thursday, August 11, the company rating was maintained by Citigroup. Hilliard Lyons upgraded the stock to “Neutral” rating in Friday, February 19 report. On Thursday, January 14 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. The firm has “Neutral” rating given on Thursday, August 25 by BTIG Research. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Wednesday, June 22 report. Mizuho downgraded the stock to “Neutral” rating in Monday, October 26 report. The stock of Welltower Inc (NYSE:HCN) earned “Hold” rating by Deutsche Bank on Monday, February 22. The stock of Welltower Inc (NYSE:HCN) has “Neutral” rating given on Tuesday, August 23 by UBS. The firm earned “Sector Perform” rating on Friday, April 1 by RBC Capital Markets. On Friday, February 19 the stock rating was maintained by Mizuho with “Neutral”.

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 increased to 1.6 in 2016 Q2. Its up 1.10, from 0.5 in 2016Q1. The ratio is positive, 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.
Cap Investment Advsrs Ltd Llc holds 0.28% of its portfolio in Welltower Inc (NYSE:HCN) for 39,299 shares. American Rech And Co has 0.2% invested in the company for 6,946 shares. Huntington Retail Bank last reported 22,623 shares in the company. Gemmer Asset Mgmt Ltd Limited Liability Company holds 0.01% of its portfolio in Welltower Inc (NYSE:HCN) for 164 shares. Alphamark Advisors Ltd Co, a Kentucky-based fund reported 11,302 shares. Wendell David Associates Inc, a New Hampshire-based fund reported 19,200 shares. Pettyjohn Wood White accumulated 9,995 shares or 0.3% of the stock. Focused Wealth, a New York-based fund reported 8,305 shares. Liberty Capital Incorporated accumulated 0.88% or 17,060 shares. Budros Ruhlin Roe holds 13,309 shares or 0.34% of its portfolio. Ironwood Counsel Ltd Liability Com last reported 0.12% of its portfolio in the stock. A D Beadell Inv Counsel owns 4,150 shares or 0.26% of their US portfolio. Eqis Mgmt, a California-based fund reported 11,622 shares.

Insider Transactions: Since June 7, 2016, the stock had 1 buy, and 6 insider sales for $5.00 million net activity. Another trade for 3,192 shares valued at $252,085 was made by ESTES SCOTT A on Monday, August 1. $1.41 million worth of shares were sold by Brinker Scott M on Thursday, August 4. Shares for $1.93 million were sold by Miller Jeffrey H. NAUGHTON TIMOTHY J bought $121,372 worth of stock.

Welltower Inc., formerly Health Care REIT, Inc., is a well-known provider of healthcare infrastructure. The company has a market cap of $22.59 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 35.84 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 news for Welltower Inc (NYSE:HCN) were recently published by: Fool.com, which released: “Welltower Inc.’s Earnings Rise on New Additions” on November 02, 2016. Businesswire.com‘s article titled: “Kevin Tyler Joins Welltower as Vice President – Investments” and published on November 14, 2016 is yet another important article.

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