Shares of Health Care REIT (HCN) Sees Large Inflow of Net Money Flow

Health Care REIT (HCN) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $26.14 million worth of transactions were on upticks, whereas, the downticks accounted for $19.64 million worth of transactions. The net money flow was a positive $6.49 million and the uptick to downtick ratio was 1.33. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 4.4 in their favor. The net money flow into the stock was $2.57 million. The value of block trades done on downticks was only $0.76 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $3.33 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Health Care REIT (HCN) was trading at $76.02, down $0.18 during day. The stock slid -0.24% over the previous days close. For the week, the stock recorded 0.53% over the previous weeks close.


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%. In an insider trading activity,The officer (EVP and CFO) of Welltower Inc., Estes Scott A sold 3,193 shares at $76.39 on July 1, 2016. The Insider selling transaction had a total value worth of $243,913. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Welltower Inc. has dropped 0.89% in the last five trading days, however, the shares have posted positive gains of 5.38% in the last 4 weeks. Welltower Inc. is up 10.07% in the last 3-month period. Year-to-Date the stock performance stands at 14.61%.

Health Care REIT (NYSE:HCN): On Tuesdays trading session , Opening price of the stock was $76.14 with an intraday high of $76.58. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $75.52. However, the stock managed to close at $76.02, a loss of 0.24% for the day. On the previous day, the stock had closed at $76.2. The total traded volume of the day was 1,786,791 shares.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.