Northstar Realty Finance (NRF) : Wednesdays money flow data in Northstar Realty Finance (NRF) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $3.38 million, whereas, $2.19 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.55, in favor of the bulls. The total money flow into the stock was $1.19 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $1.17 million. The total value of block trades done on upticks was $1.63 million. The value of bearish trades on downticks was only $0.46 million.The up/down ratio in the block trades was a healthy 3.57 in favor of the bulls, suggesting strong buying in the stock by large traders. Northstar Realty Finance (NRF) fell $0.03 and traded at $12.95, down -0.23% for the day, over previous days close. On a weekly basis, the shares are 2.94% over the previous weeks close.
Northstar Realty Finance (NYSE:NRF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.97 and $12.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.99, notching a gain of 0.08% for the day. The total traded volume was 2,307,940 . The stock had closed at $12.98 on the previous day.
The stock has recorded a 20-day Moving Average of 10.1% and the 50-Day Moving Average is 3.41%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Northstar Realty Finance Corp., Schoenherr Charles W, had purchased 3,000 shares in a transaction dated on December 11, 2015. The transaction was executed at $16.48 per share with total amount equaling $49,440.
NorthStar Realty Finance Corp. is a commercial real estate company. The Company invests in multiple asset classes across commercial real estate (CRE). Its portfolio consists of healthcare, hotel, manufactured housing communities, net lease, multifamily properties and international real estate, with a focus on Europe. It also invests in other opportunistic real estate investments, such as indirect interests in real estate through real estate private equity funds. The Company also acquires hotel and certain healthcare properties through structures permitted by the real estate investment trust (REIT) investment diversification and empowerment. The Companys segments include Real Estate, Commercial Real Estate Debt (CRE debt), Commercial Real Estate Securities, N-Star CDOs and Corporate. Its real estate equity investments that operate under the RIDEA structure generate resident and hotel guest related income from short-term residential agreements.