Large Inflow of Money Detected in Education Realty Trust

Education Realty Trust (EDR): $4.48 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 4.01. The value of trades done on upticks was $5.96 million, whereas, trades done on downticks were valued at $1.49 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $3.99 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $3.99 million. Education Realty Trust (EDR) fell $0.05 traded at $46.91, a change of -0.11% over the previous day. The stock is 1.1% for the week.


Also, Major Brokerage house, Hilliard Lyons downgrades its ratings on Education Realty Trust (NYSE:EDR). According to the latest information available, the shares are now rated Underperform by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on July 1, 2016.

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 $46.82 and $46.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.97, notching a gain of 0.02% for the day. The total traded volume was 369,004 . The stock had closed at $46.96 on the previous day.

The stock has recorded a 20-day Moving Average of 2.8% and the 50-Day Moving Average is 7.4%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Senior VP and CAO) of Education Realty Trust, Inc., Mackie Lindsey had purchased shares worth of $6,581 in a transaction dated on June 14, 2016. A total of 153 shares were purchased at a price of $43.01 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

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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