Health Care REIT (HCN) PT Raised to $70 at Stifel Following 4Q Beat
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Welltower Announces Strategic Relationship With Johns Hopkins Medicine
February 22, 2017 7:40 AM ESTTOLEDO, Ohio, Feb. 22, 2017 /PRNewswire/ --Â Welltower Inc. (NYSE: HCN) today announced a strategic collaboration with Johns Hopkins Medicine intended to promote innovative care and wellness for the aging population and to create programs that increase quality, value and connectivity across the health care continuum.
The collaboration between Welltower whose operating platform supports post-acute care, independent, assisted living and memory care facilities for more than 200,000 elderly residents and state-of-the-art outpatient medical facilities handling more than 16 million patient visits annually and... More
Welltower Reports Fourth Quarter 2016 Results
February 22, 2017 7:30 AM ESTTOLEDO, Ohio, Feb. 22, 2017 /PRNewswire/ --Â Welltower Inc. (NYSE:HCN) today announced results for the quarter ended December 31, 2016. For the quarter, we generated net income attributable to common stockholders of $0.91 per share, normalized FFO of $1.10 per share and normalized FAD of $0.99 per share. For the year, we generated net income attributable to common stockholders of $2.81 per share, normalized FFO of $4.55 per share and normalized FAD of $4.08 per share.
Quarterly Highlights
Net debt to undepreciated book capitalization declined to 37.4% from 39.5% versus 12/31/15... More