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HealthCo REIT Director Increases Stake in Strategic Acquisition

Story Highlights
  • HealthCo Healthcare & Wellness REIT focuses on healthcare-related real estate investments.
  • Director Joseph Carrozzi acquired more shares, aligning interests with company performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HealthCo REIT Director Increases Stake in Strategic Acquisition

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The latest update is out from HealthCo Healthcare & Wellness REIT ( (AU:HCW) ).

HealthCo Healthcare & Wellness REIT announced a change in the director’s interest, with Joseph Carrozzi AM acquiring an additional 21,047 fully paid ordinary units, bringing his total to 435,612 units. This acquisition was part of the company’s voluntary non-executive director unit acquisition arrangement, indicating a strategic move to align director interests with company performance, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (AU:HCW) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on HealthCo Healthcare & Wellness REIT stock, see the AU:HCW Stock Forecast page.

More about HealthCo Healthcare & Wellness REIT

HealthCo Healthcare & Wellness REIT operates in the healthcare and wellness industry, focusing on real estate investment trusts (REITs) that provide facilities and services related to healthcare and wellness. The company is listed on the Australian Securities Exchange (ASX) under the ticker HCW.

Average Trading Volume: 1,491,695

Technical Sentiment Signal: Sell

Current Market Cap: A$407.1M

For an in-depth examination of HCW stock, go to TipRanks’ Overview page.

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