Large Outflow of Money Witnessed in Paramount Group

Paramount Group (NYSE:PGRE) managed to eke out gains of 1.23% in intraday trade. The share price increased by 0.2 points to $16.1. Till last observation, the net money flow was recorded at a negative $(-10.73) million. The total inflow of $2.99 million in upticks was completely overshadowed by an outflow of $13.72 million in downticks, giving the up/down ratio a value of 0.22. The shares have seen a change of -1.01% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $1.6 million and the composite value in downticks was $12.33 million. The resultant up/down ratio for the block exchange was 0.13. The block trade had a negative money flow of $(-10.73) million.

Paramount Group, Inc. has lost 1.35% in the last five trading days and dropped 1.47% in the last 4 weeks. Paramount Group, Inc. is up 1.5% in the last 3-month period. Year-to-Date the stock performance stands at -10.84%.

Currently the company Insiders own 5.9% of Paramount Group shares according to the proxy statements. Institutional Investors own 66.58% of Paramount Group shares. During last six month period, the net percent change held by insiders has seen a change of 224.01%. . On the companys insider trading activities, Oconnor David P, director of Paramount Group, Inc., executed a transaction worth $487,360 on March 10, 2016. A total of 32,000 shares were purchased at an average price of $15.23. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Paramount Group (NYSE:PGRE) rose 0.88% or 0.14 points on Friday and made its way into the gainers of the day. After trading began at $15.85 the stock was seen hitting $16.145 as a peak level and $15.82 as the lowest level. The stock ended up at $16.04. The daily volume was measured at 2,596,375 shares. The 52-week high of the share price is $18.56 and the 52-week low is $14.23. The company has a market cap of $3,417 million.

Paramount Group, Inc. (Paramount) is a real estate investment trust (REIT) focused on owning, operating and managing Class A office properties in central business district submarkets of New York City, Washington, D.C. and San Francisco. Paramount conducts its business primarily through Paramount Group Operating Partnership LP. As of December 31, 2014, Paramounts portfolio consisted of 12 Class A office properties aggregating approximately 10.4 million square feet that was 93.9% leased. Paramount has an investment management business, where it serves as the general partner and property manager of certain private equity real estate funds for institutional investors and high-net-worth individuals. Paramounts private equity real estate funds (the Property Funds) invest in office buildings and related facilities primarily in New York City, Washington, D.C. and San Francisco. The Alternative Investment Funds invest in real estate related debt and preferred equity investments.

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