NEW YORK (

TheStreet

) --

Health Care REIT

(NYSE:

HCN

) hit a new 52-week high Monday as it traded at $52.08 compared with its previous 52-Week high of $52.06. Health Care REIT is changing hands at $52.07 with 1.5 million shares traded as of 3:32 p.m. ET. Average volume has been 1.8 million shares over the past 30 days.

Health Care REIT has a market cap of $6.7 billion and is part of the

financial

sector and

real estate

industry. Shares are up 6.8% year to date as of the close of trading on Friday.

Health Care REIT, Inc. is an equity real estate investment trust. The firm engages in investment, development, and management of properties. It primarily invests in health care properties. The company has a P/E ratio of 60, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Health Care REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and feeble growth in the company's earnings per share. You can view the full

Health Care REIT Ratings Report

.

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