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Welltower Inc. shares soar 46.6% as purchases by Alta Advisers Ltd. boost the healthcare REIT's value.
Welltower Inc., a real estate investment trust focused on healthcare infrastructure, saw its shares increase by 46.6% in the first quarter due to purchases by Alta Advisers Ltd. Welltower's earnings per share were $1.20, exceeding the expected $1.15.
Analysts predict the company will report 4.88 EPS for the year.
Welltower, based in Ohio, has a market capitalization of $100.62 billion and a price-to-earnings ratio of 88.43.
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Las acciones de Welltower Inc. suben un 46,6% a medida que las compras de Alta Advisers Ltd. aumentan el valor del REIT de atención médica.