Large Inflow of Money Detected in Health Care REIT

Health Care REIT (HCN) : On Monday, The money flowed into the Health Care REIT (HCN) stock with an uptick to downtick ratio was recorded at 2.4. Transactions worth $41.27 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $17.22 million. The total money flow into the stock was $24.05 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $25.3 million of block transactions on upticks. The total money flow in block trades was $25.3 million. In terms of price action, Health Care REIT (HCN) traded down $0.61 during the session at $77.75. Compared to the previous days closing, the stock was down only by -0.78%. For the week, the stock is 1.79%, over previous weeks closing.


Shares of Welltower Inc. rose by 0.91% in the last five trading days and 2.77% for the last 4 weeks. Welltower Inc. is up 8.23% in the last 3-month period. Year-to-Date the stock performance stands at 18.53%.

Health Care REIT (NYSE:HCN): The stock opened at $78.46 on Monday but the bulls could not build on the opening and the stock topped out at $78.71 for the day. The stock traded down to $77.68 during the day, due to lack of any buying support eventually closed down at $77.75 with a loss of -0.78% for the day. The stock had closed at $78.36 on the previous day. The total traded volume was 1,663,687 shares.

In a related news,The officer (EVP – Chief Investment Officer) of Welltower Inc., Brinker Scott M sold 18,424 shares at $76.83 on August 4, 2016. The Insider selling transaction had a total value worth of $1,415,516. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Welltower Inc., formerly Health Care REIT, Inc., is a real estate investment trust (REIT). The Companys portfolio has range of seniors housing and healthcare real estate, including seniors housing communities, nursing/post-acute facilities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The Company operates in three segments: seniors housing triple-net, seniors housing operating and medical facilities. Its properties consist of land, building, improvements and related rights. The Companys hospitals and seniors housing triple-net properties are leased to operators under long-term operating leases. Its medical office building portfolio is primarily self-managed and consists principally of multi-tenant properties leased to health care providers.

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