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

Health Care REIT (HCN) : Fridays money flow data in Health Care REIT (HCN) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $24.77 million, whereas, $15.31 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.62, in favor of the bulls. The total money flow into the stock was $9.45 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $9.28 million. The total value of block trades done on upticks was $9.28 million. Health Care REIT (HCN) fell $0.32 and traded at $76.43, down -0.42% for the day, over previous days close. On a weekly basis, the shares are 0.86% 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 -3% . Institutional Investors own 88.44% of Health Care REIT shares. During last six month period, the net percent change held by insiders has seen a change of -7.67%.

In a related news, The Securities and Exchange Commission has divulged that Estes Scott A, officer (EVP and CFO) of Welltower Inc., had unloaded 3,192 shares at an average price of $76.43 in a transaction dated on September 1, 2016. The total value of the transaction was worth $243,965.

Health Care REIT (NYSE:HCN): The stock opened at $76.71 and touched an intraday high of $77.72 on Friday. During the day, the stock corrected to an intraday low of $76.39, however, the bulls stepped in and pushed the price higher to close in the green at $76.7 with a gain of 0.35% for the day. The total traded volume for the day was 1,676,194. The stock had closed at $76.43 in the previous trading session.

Health Care REIT (HCN) : Traders are bullish on Health Care REIT (HCN) as it has outperformed the S&P 500 by a wide margin of 0.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.71%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.21% in the last 1 week, and is up 0.42% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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