Large Inflow of Money Witnessed in Education Realty Trust

Education Realty Trust (NYSE:EDR) : The money flow analysis of Education Realty Trust (NYSE:EDR) indicates a $1.39 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $1.57 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.12 and so was the total money flow at $0.17 million. The bulls lapped up $0.01 million worth of block trades on upticks. The money flow was $0.01 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 Education Realty Trust (NYSE:EDR), pushing it down by -0.1% for the day. The stock slid $0.05 and traded at $45.21 during the day. Nonetheless, the stock is 2.69% over the previous weeks close.


In an insider trading activity, Mackie Lindsey, officer (Senior VP and CAO) of Education Realty Trust, Inc. had purchased 153 shares on June 14, 2016 in a transaction. The price per share was $43.01 and the total amount of the disclosed transaction was $6,581.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices. Currently the company Insiders own 0.5% of Education Realty Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 54.23% . During last six month period, the net percent change held by insiders has seen a change of 54.23%.

The company shares have rallied 41.94% from its 1 Year high price. On Jun 28, 2016, the shares registered one year high at $45.30 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $42.73 and the 200 Day Moving Average price is recorded at $40.18. Education Realty Trust (NYSE:EDR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.46 and $45.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.35, notching a gain of 0.22% for the day. The total traded volume was 476,567 . The stock had closed at $45.25 on the previous day.

Education Realty Trust, Inc. (EdR) is a self-managed and self-advised real estate investment trust (REIT). The Trust is engaged in developing, acquiring, owning and managing collegiate housing communities located near university campuses. The Company develops collegiate housing communities for its own account and also provides third-party development consulting services on collegiate housing development projects for universities and other third parties. The Trust operates through three segments: collegiate housing leasing, collegiate housing development consulting services and collegiate housing management services. The Trust conducts all of its activities through, Education Realty Operating Partnership, LP (EROP) and its subsidiaries, EDR Management Inc. (Management Company) and EDR Development LLC (Development Company). The Management Company wholly owns the Trusts Development Company.

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