Large Inflow of Money Detected in Weingarten Realty Investors

Weingarten Realty Investors (WRI) : Weingarten Realty Investors (WRI) had a healthy money flow of $2.59 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $5.59 million, whereas, investors only sold shares worth $3 million on downticks. The stock closed the day with an up-down ratio of 1.86.The money flow in the block trades to the tune of $2.58 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.58 million worth of transactions were on upticks. Weingarten Realty Investors (WRI) stock slid $0.07 intraday and traded at 41.53, a change of -0.17% over previous days close. However, for the week, the company shares are -1.14% compared to previous weeks close.


Weingarten Realty Investors has lost 0.95% in the last five trading days and dropped 0.5% in the last 4 weeks. Weingarten Realty Investors is up 9.29% in the last 3-month period. Year-to-Date the stock performance stands at 22.59%.

Weingarten Realty Investors (NYSE:WRI): The stock opened at $41.58 on Monday but the bulls could not build on the opening and the stock topped out at $41.77 for the day. The stock traded down to $41.51 during the day, due to lack of any buying support eventually closed down at $41.57 with a loss of -0.07% for the day. The stock had closed at $41.60 on the previous day. The total traded volume was 662,980 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EXEC VP/CFO) of Weingarten Realty Investors /Tx/, Richter Stephen C had sold 18,000 shares worth of $770,400 in a transaction dated August 2, 2016. In this transaction, 18,000 shares were sold at $42.8 per share.

Weingarten Realty Investors is a real estate investment trust (REIT). The Companys primary business is leasing space to tenants in the shopping centers it owns or leases. It is engaged in the business of owning, managing and developing shopping centers and other commercial centers. The Company also provides property management services. The Companys properties consist primarily of neighborhood and community shopping centers. As of December 31, 2014, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 234 developed income-producing properties and three properties under various stages of construction and development. The portfolio of properties contains approximately 45.3 million square feet of gross leasable area that is either owned by the Company or others. It also owned interests in 34 parcels of land held for development that totaled approximately 25.3 million square feet.

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