Large Outflow of Money Witnessed in NorthStar Asset Management Group

NorthStar Asset Management Group (NSAM) : Mondays money flow analysis of NorthStar Asset Management Group (NSAM) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $6.8 million. In comparison, the inflow of money on upticks was a meager $3.28 million. The dollar value of composite uptick trades minus the downtick trades was negative $3.53 million. The uptick to downtick ratio of 0.48 in the money flow shows weakness. The uptick block trades were valued at $1.52 million. The downtick transaction value was high at $5.01 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.3. Hence, the net money flow in the stock was negative ($3.49 million). NorthStar Asset Management Group (NSAM) gained $0.23 at $11.46, a change of 2.05% over the previous days close.


Northstar Asset Management Group Inc. has dropped 7.63% during the last 3-month period . Year-to-Date the stock performance stands at -3.79%. Shares of Northstar Asset Management Group Inc. rose by 4.74% in the last five trading days and 1.59% for the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Northstar Asset Management Group Inc., Hannaway Judith A, had purchased 500 shares in a transaction dated on December 11, 2015. The transaction was executed at $11.57 per share with total amount equaling $5,785.

NorthStar Asset Management Group (NYSE:NSAM): stock turned positive on Monday. Though the stock opened at $11.25, the bulls momentum made the stock top out at $11.56 level for the day. The stock recorded a low of $11.2 and closed the trading day at $11.48, in the green by 2.23%. The total traded volume for the day was 2,964,993. The stock had closed at $11.23 in the previous days trading.

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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