Winthrop Realty Trust (NYSE:FUR) has tumbled 0.21% during the past week and has dropped 3.22% in the last 4 week period. The company has outperformed the S&P 500 by 0.99% in the past week but underperformed the index by 4.1% in the last 4 weeks.
Winthrop Realty Trust (NYSE:FUR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.55 and $9.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.62, notching a gain of 0.52% for the day. The total traded volume was 2,230,726 . The stock had closed at $9.57 on the previous day.
The company shares have dropped -36.92% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $15.30 and the one year low was seen on Jun 17, 2016. The 50-Day Moving Average price is $10.35 and the 200 Day Moving Average price is recorded at $12.28.
On the companys insider trading activities,The director officer (Chairman and CEO) of Winthrop Realty Trust, Ashner Michael L sold 10,000 shares at $9.51 on June 16, 2016. The Insider selling transaction had a total value worth of $95,100. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Barclays maintains its rating on Winthrop Realty Trust (NYSE:FUR). The global brokerage major lowers the current price target from $15 per share to $13 per share. Analysts at the Barclays have a current rating of Equalweight on the shares. The rating by the firm was issued on May 24, 2016. Currently the company Insiders own 9.8% of Winthrop Realty Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 37.93% . Institutional Investors own 69.54% of Winthrop Realty Trust shares. During last six month period, the net percent change held by insiders has seen a change of 37.93%.
Winthrop Realty Trust is a real estate investment trust (REIT). The Company conducts its business through its wholly owned operating partnership, WRT Realty L.P. The Company has adopted a plan of liquidation, which was approved at a special meeting of shareholders. Prior to the plan of liquidation, the Company was engaged in the business of owning real property and real estate related assets, which it categorized into three segments: ownership of investment properties including wholly owned properties and investments in joint ventures, which own investment properties; origination and acquisition of loans collateralized directly or indirectly by commercial and multi-family real property, and equity and debt interests in other real estate investment trusts. Subsequent to the adoption of the plan of liquidation, the Company no longer makes operating decisions or assesses performance in separate segments as all assets are considered as held for sale.