NEW YORK (TheStreet) -- Shares of Welltower (HCN) are rising by 4.17% to $58.89 in afternoon trading on Thursday, after the company reported its 2015 fourth quarter results.

Before today's opening bell, the Toledo, OH-based healthcare real estate investment trust reported normalized funds from operations of $1.13 per share, topping analysts' expectations by one cent.

Revenue for the quarter was $1.03 billion, surpassing Wall Street's estimate of $973.72 million.

Funds from operations is a closely followed metric in the REIT industry, which takes net income and adds back items such as depreciation and amortization, the Associated Press noted.

For 2016, the company forecasts funds from operations to be between $4.50 to $4.60 per diluted share.

Welltower's portfolio includes a range of seniors housing and healthcare real estate, including seniors housing communities, nursing facilities, medical office buildings, inpatient and outpatient medical centers and life science facilities.

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.

This is driven by several positive factors, which should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks covered.

The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations.

The team believes its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: HCN

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