Large Inflow of Money Witnessed in Health Care REIT

Health Care REIT (NYSE:HCN) : Health Care REIT (NYSE:HCN) had a healthy money flow of $1 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $1.79 million, whereas, investors only sold shares worth $0.79 million on downticks. The stock closed the day with an up-down ratio of 2.26.The money flow in the block trades to the tune of $1.13 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.13 million worth of transactions were on upticks. Health Care REIT (NYSE:HCN) stock slid $0.04 intraday and traded at 74.66, a change of -0.05% over previous days close. However, for the week, the company shares are 2.99% compared to previous weeks close.


In an insider trading activity,The officer (EVP-Head Human Cap.&Corp.Secy.) of Welltower Inc., Ibele Erin C sold 2,500 shares at $72.1 on May 17, 2016. The Insider selling transaction had a total value worth of $180,250. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.29% of Health Care REIT shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.67% . Institutional Investors own 89.22% of Health Care REIT shares. During last six month period, the net percent change held by insiders has seen a change of 4.64%.

The company shares have rallied 12.58% from its 1 Year high price. On May 9, 2016, the shares registered one year high at $74.96 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $71.36 and the 200 Day Moving Average price is recorded at $67.58. Health Care REIT (NYSE:HCN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.85 and $74.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $75.52, notching a gain of 1.10% for the day. The total traded volume was 2,286,547 . The stock had closed at $74.70 on the previous day.

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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