Shares of NorthStar Asset Management Group (NSAM) Sees Large Inflow of Net Money Flow

NorthStar Asset Management Group (NSAM) : On Friday, The money flowed into the NorthStar Asset Management Group (NSAM) stock with an uptick to downtick ratio was recorded at 2.25. Transactions worth $2.74 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $1.22 million. The total money flow into the stock was $1.52 million. The block trades reveal a bullish bias with an up-down ratio of 3.46. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $2 million of block transactions on upticks. The value of block trades on downticks was $0.58 million, indicating lower selling interest. The total money flow in block trades was $1.42 million. In terms of price action, NorthStar Asset Management Group (NSAM) traded down $0.01 during the session at $11.5. Compared to the previous days closing, the stock was down only by -0.09%. For the week, the stock is 2.4%, over previous weeks closing.


NorthStar Asset Management Group (NSAM) : 2 Wall Street analysts covering NorthStar Asset Management Group (NSAM) believe that the average level the stock could reach for the short term is $17.5. The maximum price target given is $20 and the minimum target for short term is around $15, hence the standard deviation is calculated at $3.54.

NorthStar Asset Management Group (NYSE:NSAM): stock turned positive on Friday. Though the stock opened at $11.55, the bulls momentum made the stock top out at $11.6 level for the day. The stock recorded a low of $11.46 and closed the trading day at $11.52, in the green by 0.09%. The total traded volume for the day was 1,266,695. The stock had closed at $11.51 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Northstar Asset Management Group Inc., Hannaway Judith A had purchased shares worth of $5,785 in a transaction dated on December 11, 2015. A total of 500 shares were purchased at a price of $11.57 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Northstar Asset Management Group Inc. is an asset management company. The Company is focused on managing real estate and other investment platforms in the United States and internationally. The Company owns NorthStar Realty Securities, LLC (NorthStar Securities), which is a captive broker-dealer platform and raises capital in the retail market for its sponsored companies. The Companys sponsored companies include NorthStar Real Estate Income Trust, Inc. (NorthStar Income); NorthStar Healthcare Income, Inc. (North Star Healthcare); NorthStar/RXR New York Metro Income, Inc. ( NorthStar/RXR New York Metro), and NorthStar Corporate Income, Inc. (NorthStar Corporate). The Company also leases its offices in New York; Denver, Colorado; Dallas, Texas; Bethesda, Maryland; London, United Kingdom; Senningerberg, Luxembourg, Los Angeles, California, and Pembroke, Bermuda.

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