Large Outflow of Money Witnessed in Douglas Emmett

Douglas Emmett (NYSE:DEI) jumped 0.07 points or 0.21% on strong buying and was last priced at $34.02 per share. The shares saw huge fund flow intraday; a massive $1.66 million made their way in through the upticks but an even bigger $9.97 million made their way out through downticks. As per the last observation, the net money flow stood at $(-8.31) million and the up/down ratio was found to be 0.17. The shares have seen a weekly value change of -0.73% .A block trade was recorded in the company shares with a net money flow of $(-8.25) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $8.25. As can be seen from the data, the block transaction had the up/down ratio of 0.

Douglas Emmett Inc has dropped 0.79% in the last five trading days, however, the shares have posted positive gains of 4.42% in the last 4 weeks. Douglas Emmett Inc is up 13.61% in the last 3-month period. Year-to-Date the stock performance stands at 9.86%.

Currently the company Insiders own 23% of Douglas Emmett shares according to the proxy statements. Institutional Investors own 96.32% of Douglas Emmett shares. . On the companys insider trading activities,The director officer (Chairman of the Board) of Douglas Emmett Inc, Emmett Dan A sold 140,000 shares at $32.11 on May 19, 2016. The Insider selling transaction had a total value worth of $4,495,400. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Douglas Emmett (NYSE:DEI) rose 0.15% or 0.05 points on Friday and made its way into the gainers of the day. After trading began at $33.76 the stock was seen hitting $34.08 as a peak level and $33.62 as the lowest level. The stock ended up at $34. The daily volume was measured at 1,190,583 shares. The 52-week high of the share price is $34.7 and the 52-week low is $24.73. The company has a market cap of $5,025 million.

Douglas Emmett, Inc. is a self-administered and self-managed Real Estate Investment Trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in California and Hawaii. The Company operates in two segments: Office Properties and Multifamily Properties. The Office Properties segment products include rental of office space and other tenant services, including parking and storage space rental. The Multifamily Properties segment products include rental of apartments and other tenant services, including parking and storage space rental. The Company owned a consolidated portfolio of approximately 53 office properties and approximately 10 multifamily properties. Its properties are located in the Brentwood, Olympic Corridor, Century City, Beverly Hills, Santa Monica, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills and Burbank submarkets of Los Angeles County, California, and in Honolulu, Hawaii.

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