Large Inflow of Money Detected in Health Care REIT

Health Care REIT (HCN) : The money flow analysis of Health Care REIT (HCN) indicates a $19.13 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $27.09 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.42 and so was the total money flow at $7.96 million. A solid up-down ratio of 6.28 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $9.53 million worth of block trades on upticks. Only $1.52 million worth of the stock exchanged hands on downticks. The money flow was $8.01 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Health Care REIT (HCN), pushing it down by -1.01% for the day. The stock slid $0.78 and traded at $76.17 during the day. Nonetheless, the stock is 0.73% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 1.91% and the 50-Day Moving Average is 5.1%. Shares have rallied 11.31% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $77.18 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $72.55 and the 200 Day Moving Average price is recorded at $68.19.

Health Care REIT (NYSE:HCN): The stock opened at $76.95 on Thursday but the bulls could not build on the opening and the stock topped out at $76.98 for the day. The stock traded down to $75.68 during the day, due to lack of any buying support eventually closed down at $76.17 with a loss of -1.01% for the day. The stock had closed at $76.95 on the previous day. The total traded volume was 1,531,284 shares.

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., 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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