Large Outflow of Money Witnessed in Education Realty Trust

Education Realty Trust (NYSE:EDR) jumped 0.24 points or 0.56% on strong buying and was last priced at $42.84 per share. The shares saw huge fund flow intraday; a massive $3.43 million made their way in through the upticks but an even bigger $5.33 million made their way out through downticks. As per the last observation, the net money flow stood at $(-1.9) million and the up/down ratio was found to be 0.64. The shares have seen a weekly value change of 0.59% .A block trade was recorded in the company shares with a net money flow of $(-1.97) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $1.97. As can be seen from the data, the block transaction had the up/down ratio of 0.


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 55.56% . During last six month period, the net percent change held by insiders has seen a change of 55.56%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Education Realty Trust, Inc., Schaefer Kimberly, had purchased 1,000 shares in a transaction dated on May 23, 2016. The transaction was executed at $41.6 per share with total amount equaling $41,600.

Education Realty Trust (NYSE:EDR) : On Monday heightened volatility was witnessed in Education Realty Trust (NYSE:EDR) which led to swings in the share price. The stock opened for trading at $43.08 and hit $43.44 on the upside , eventually ending the session at $42.95, with a gain of 0.26% or 0.11 points. The heightened volatility saw the trading volume jump to 594,814 shares. The 52-week high of the share price is $43.44 and the company has a market cap of $2,838 million. The 52-week low of the share price is at $28.01 .

Many analysts have stated their opinion on the company shares. Evercore ISI Group initiates coverage on Education Realty Trust (NYSE:EDR). The current rating of the shares is Hold, according to the research report released by the firm. The brokerage firm announces the price target at $45 per share. The rating by the firm was issued on June 6, 2016.

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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