Realty Income Corporation (O) has been under a strong bear grip, hence the stock is down -2.72% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.06% in the past 1 week. The stock has risen by 0.12% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.72% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.59% and the 50-Day Moving Average is 1.58%. Realty Income Corporation (NYSE:O): stock turned positive on Friday. Though the stock opened at $68.47, the bulls momentum made the stock top out at $69.4 level for the day. The stock recorded a low of $68.25 and closed the trading day at $68.64, in the green by 0.67%. The total traded volume for the day was 1,126,099. The stock had closed at $68.18 in the previous days trading.
The company Insiders own 0.3% of Realty Income Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.95% . Institutional Investors own 69.09% of Realty Income Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -10.81%. Also, Stifel Nicolaus maintains its view on Realty Income Corporation (NYSE:O) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Stifel Nicolaus raises the price target from $66 per share to $73 per share on Realty Income Corporation. The rating by the firm was issued on July 28, 2016.
Realty Income Corporation is a real estate company. As of December 31, 2014, the Company owned 4,327 properties, with approximately 4,257 properties leased and 70 properties available for lease. The Company leased to approximately 234 different commercial tenants doing business in 47 separate industries. The properties are located in 49 states and Puerto Rico with over 70 million square feet of leasable space and with an average leasable space per property of approximately 16,350 square feet, including approximately 11,290 square feet per retail property and approximately 196,800 square feet per industrial and distribution property. The Company has approximately 4,308 single-tenant properties and 19 multi-tenant properties. The Company has grouped its tenants into 48 activity segments.