Large Inflow of Money Witnessed in Columbia Property Trust

Columbia Property Trust (NYSE:CXP) : Investors lapped up stocks on upticks to the tune of $2.27 million in the Wednesdays trading session. The trading value on downticks was comparatively at $1.33 million and the uptick to downtick ratio of 1.71 indicates continuous buying by the bulls. The net money flow into the stock was $0.94 million. Upticks saw transactions worth $0.86 clearly indicating buying by large investors. The total money flow for block trades stood at $0.86 million, which is a positive for the stock in the long-term. Columbia Property Trust (NYSE:CXP) fell $0.08 during the day at $21.3, a drop of -0.37% over the previous days close. However, for the week, the stock is -0.61%, compared to the previous week.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Columbia Property Trust, Inc., Dixon John L., had purchased 2,000 shares in a transaction dated on August 24, 2015. The transaction was executed at $21.96 per share with total amount equaling $43,920. Currently the company Insiders own 0.3% of Columbia Property Trust shares according to the proxy statements. Institutional Investors own 59.11% of Columbia Property Trust shares.

The company shares have dropped -13.93% from its 1 Year high price. On Oct 30, 2015, the shares registered one year high at $26.24 and the one year low was seen on Feb 19, 2016. The 50-Day Moving Average price is $21.45 and the 200 Day Moving Average price is recorded at $21.79. Columbia Property Trust (NYSE:CXP): The stock opened at $21.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $21.68 for the day. The stock traded down to $21.22 during the day, due to lack of any buying support eventually closed down at $21.30 with a loss of -0.37% for the day. The stock had closed at $21.38 on the previous day. The total traded volume was 392,043 shares.

Columbia Property Trust, Inc. (Columbia Property Trust) is a real estate investment trust (REIT). The Company operates as a REIT for federal income tax purposes and owns and operates commercial real estate properties. Columbia Property Trust conducts business through Columbia Property Trust Operating Partnership, L.P. (Columbia Property Trust OP). Columbia Property Trust OP acquires, develops, owns, leases and operates real properties directly, through wholly owned subsidiaries, or through joint ventures. Columbia Property Trust invests in income-generating office properties. The Companys portfolio comprises a combination of multi- and single-tenant office properties located in Central Business District (CBD) and suburban areas. It focuses on the acquisition of primary markets, including CBD and urban in-fill locations.

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