Key Developments: Health Care REIT Inc (HCN.N)

HCN.N on New York Stock Exchange

62.82USD
11 Jul 2014
Price Change (% chg)

$-0.07 (-0.11%)
Prev Close
$62.89
Open
$62.99
Day's High
$63.02
Day's Low
$62.57
Volume
532,255
Avg. Vol
649,857
52-wk High
$68.76
52-wk Low
$52.43

Search Stocks

Latest Key Developments (Source: Significant Developments)

Health Care REIT Inc completes $1 bln common stock offering
Monday, 2 Jun 2014 05:33pm EDT 

Health Care REIT Inc:Completes public offering of 16,100,000 shares at price of $62.35 per share for total gross proceeds of about $1 bln, which includes 2,100,000 shares sold pursuant to the underwriters' exercise in full of their purchase option for additional share.Intends to use net proceeds to repay advances under its primary unsecured credit facility and for general corporate purposes.BofA Merrill Lynch, Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, KeyBanc Capital Markets, RBC Capital Markets, and UBS Investment Bank acted as joint book-running managers for offering.  Full Article

Health Care Reit Inc announces pricing of 14,000,000 shares of common stock at $62.35 per share
Wednesday, 28 May 2014 09:06am EDT 

Health Care Reit Inc:Says pricing of its underwritten public offering of 14,000,000 shares of common stock at $62.35 per share.Offering was increased in size from 12,000,000 shares.Says it has granted the underwriters an option to purchase up to an additional 2,100,000 shares during the next 30 days.Says it estimates that the gross proceeds from this offering will be about $873 mln.Net proceeds from this offering to repay advances under its primary unsecured credit facility and for general corporate purposes, including investing in health care and seniors housing properties.Says BofA Merrill Lynch, Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, KeyBanc Capital Markets, RBC Capital Markets, and UBS Investment Bank are acting as joint book-running managers for the offering.  Full Article

Health Care REIT Inc announces proposed offering of 12,000,000 shares of common stock
Tuesday, 27 May 2014 04:02pm EDT 

Health Care REIT Inc:Intends to offer 12,000,000 shares of its common stock.Intends to grant the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of its common stock.Intends to use net proceeds from this offering to repay advances under its primary unsecured credit facility and for general corporate purposes, including investing in health care and seniors housing properties.BofA Merrill Lynch, Goldman, Sachs & Co., J.P. Morgan, and Morgan Stanley are acting as joint book-running managers for offering.  Full Article

Health Care Reit Inc raises FY 2014 FFO guidance
Thursday, 8 May 2014 07:30am EDT 

Health Care Reit Inc:Now expects FY 2014 normalized FFO guidance in a range of $4.03 to $4.13 per diluted share from the previous range of $3.93 to $4.03 per diluted share.Net income guidance has been decreased to a range of $1.04 to $1.14 per diluted share from $1.09 to $1.19 per diluted share due to increased depreciation and amortization resulting from first quarter investment activity offset by the items noted above.FY 2014 FFO of $4.03 - Thomson Reuters I/B/E/S.  Full Article

Health Care REIT declares first quarter 2014 dividend
Thursday, 1 May 2014 05:01pm EDT 

Health Care REIT Inc:Declared a cash dividend of $0.795 per share.Payable on May 20, to stockholders of record on May 12.  Full Article

Health Care REIT announces management changes
Monday, 14 Apr 2014 07:30am EDT 

Health Care REIT Inc:Appoints Thomas J. DeRosa as Chief Executive Officer, effective immediately.Succeeds George L. Chapman, who has retired as Chairman of Board, Chief Executive Officer and President, but will continue to serve as Senior Advisor.Jeffrey H. Donahue, independent Lead Director, has been appointed Chairman of Board.  Full Article

Health Care Reit Inc gives FY 2014 FFO guidance in line with analysts' estimates
Wednesday, 19 Feb 2014 07:30am EST 

Health Care Reit Inc:Expects FY 2014 net income attributable to common stockholders of $1.09 to $1.19 per diluted share.Expects FY 2014 normalized FFO of $3.93 to $4.03 per diluted share.FY 2014 FFO of $3.99 - Thomson Reuters I/B/E/S.  Full Article

Health Care Reit Inc declares fourth quarter dividend
Thursday, 30 Jan 2014 05:05pm EST 

Health Care Reit Inc:Says its board of directors declared a cash dividend for the quarter ended Dec. 31 of $0.795 per share.Says dividend will be the company's 171st consecutive quarterly payment, payable Feb. 20, to stockholders of record on Feb. 10.  Full Article

Health Care Reit Inc Announces Pricing Of GBP550 Million Of Sterling Denominated Senior Unsecured Notes
Friday, 8 Nov 2013 09:04am EST 

Health Care REIT, Inc announced that the Company has priced GBP550 million in aggregate principal amount of 4.8% senior unsecured notes due November 20, 2028. The notes were priced at 98.599% of their face amount to yield 4.875%. Subject to customary closing conditions, this offering is expected to close on November 20, 2013. The Company intends to use the net proceeds from this offering to repay advances under its primary unsecured credit facility and for general corporate purposes, including investing in health care and seniors housing properties. Pending such use, the net proceeds may be invested in short-term, investment grade, interest-bearing securities, certificates of deposit or indirect or guaranteed obligations of the United States.  Full Article

Health Care Reit Inc Raises Low End Of Prior FY 2013 FFO Guidance To A Range In Line With Analysts' Estimates
Tuesday, 5 Nov 2013 07:30am EST 

Health Care Reit Inc announced that for fiscal 2013, The Company is increasing the mid-point of its 2013 FFO and FAD normalized guidance by two cents per diluted share to reflect investments, capital activity and operational results year-to-date. Normalized FFO has been increased to a range of $3.74 to $3.80 per diluted share and normalized FAD to a range of $3.29 to $3.35 per diluted share. The Company is revising its fiscal 2013 net income guidance primarily to reflect the net impact of the October debt issuance, depreciation and amortization adjustments for investment activity, normalizing items and gains/losses on property sales. The Company now expects to report net income attributable to common stockholders in a range of $0.29 to $0.35 per diluted share. The company's guidance does not include any additional 2013 investments beyond what it has announced, nor any transaction costs, capital transactions, impairments, unanticipated additions to the loan loss reserve or other additional one-time items, including any additional cash payments other than normal monthly rental payments. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report FFO of $3.78 for fiscal 2013.  Full Article

DIARY-U.S. MEETINGS/WEEK AHEAD

THOMSON REUTERS, Mar 04,2014 - Corporate Meetings for US companies for Week ahead. S&P 500 Earnings - Weekly S&P 500 Earnings - Day Ahead Non S&P 500 - Weekly Non S&P 500 - Day Ahead ConferenceCall/Webcast - Weekly ConferenceCall/Webcast - Day S&P 500 Earnings - Monthly Meetings - Day Ahead Economic Indicators Dividends Daily earnings hits & misses Federal Rese

Search Stocks