Large Outflow of Money Witnessed in National Retail Properties

National Retail Properties (NNN) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($3.65 million) and the uptick to downtick ratio was 0.33. The transaction value on upticks was $1.78 million and on downticks, the transaction value was $5.42 million. The transaction value of block trades during downticks was $3.54 million. The money flow was negative ($3.54 million), indicating the traders were booking profit on the price strength. National Retail Properties (NNN) rose $0.36 at $52.08, during intraday Friday , a rise of 0.7% over the previous days close.


National Retail Properties (NNN) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $54 and the lowest price target forecast is $39. The average forecast of all the analysts is $48.55 and the expected standard deviation is $4.91.

National Retail Properties (NYSE:NNN): stock turned positive on Friday. Though the stock opened at $51.6, the bulls momentum made the stock top out at $52.37 level for the day. The stock recorded a low of $51.52 and closed the trading day at $52.15, in the green by 0.83%. The total traded volume for the day was 798,395. The stock had closed at $51.72 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Bayer Paul Eugene, Officer (Executive Officer) of NATIONAL RETAIL PROPERTIES, INC., had unloaded 10,000 shares at an average price of $51.1 in a transaction dated on June 29, 2016. The total value of the transaction was worth $511,000.

National Retail Properties, Inc. is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. As of December 31, 2014, the Company owned 2,054 Properties with a gross leasable area of approximately 22,479,000 square feet, located in 47 states. Approximately 99% of the properties were leased as of December 31, 2014. The Companys portfolio include convenience stores, restaurants, automotive service, restaurants-limited service, theaters, family entertainment centers, automotive parts and banks, among others. It has operations in Texas, Florida, North Carolina, Illinois, Georgia, Indiana and California, among others. As of December 31, 2014, The Company owned 29 vacant, un-leased Properties, which accounted for approximately 1% of total Properties.

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