Shares of Equity Residential (EQR) Sees Large Inflow of Net Money Flow

Equity Residential (EQR) : $27.84 million worth of transactions were on upticks in Equity Residential (EQR), compared to $17.74 million on downticks. The ratio between the two was 1.57, whereas, the net money flow stood at a healthy $10.1 million on Fridays session. The consistent buying on upticks in the stock accounted for $10.26million worth of trades. The total money flow into the stock stood at $10.26 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.71%. The stock was trading at $64.41, with a drop of $0.46 over the previous days close. The stock recorded -0.22% for the week.


The company Insiders own 3.9% of Equity Residential shares according to the proxy statements. Institutional Investors own 94.78% of Equity Residential shares. During last six month period, the net percent change held by insiders has seen a change of -61.62%.

In a related news,The officer (Executive Vice President) of Equity Residential, Tennison Mark N sold 52,293 shares at $74.88 on March 29, 2016. The Insider selling transaction had a total value worth of $3,915,700. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Equity Residential (NYSE:EQR): The stock opened at $64.68 and touched an intraday high of $65.36 on Friday. During the day, the stock corrected to an intraday low of $64.01, however, the bulls stepped in and pushed the price higher to close in the green at $64.59 with a gain of 0.28% for the day. The total traded volume for the day was 1,994,586. The stock had closed at $64.41 in the previous trading session.

Equity Residential (EQR) : During the past 4 weeks, traders have been relatively bearish on Equity Residential (EQR), hence the stock is down -3.8% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.44% relative to the S&P 500. The stock has risen by 0.06% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.93% in the past 4 weeks.

Equity Residential is a real estate investment trust (REIT) focused on the acquisition, development and management of apartment properties in the United States growth markets. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential. The Company is the general partner and owns an approximate 96.2% ownership interest in ERPOP. The remaining 3.8% interest is owned by limited partners. As of December 31, 2014, the Company, directly or indirectly through investments in title holding entities, owned all or a portion of 391 properties located in 12 states and the District of Columbia consisting of 109,225 apartment units. All of the Companys property ownership, development and related business operations are conducted through ERPOP.

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