Large Inflow of Money Detected in Realty Income Corporation

Realty Income Corporation (O): $7.35 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.57. The value of trades done on upticks was $20.29 million, whereas, trades done on downticks were valued at $12.94 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $9.3 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $9.3 million. Realty Income Corporation (O) fell $0.49 traded at $69.8, a change of -0.7% over the previous day. The stock is -0.06% for the week.


Also, In a research note released to the investors, Citigroup maintains its rating on Realty Income Corporation (NYSE:O).The analysts at the brokerage house have a current rating of Sell on the shares. In a recent information released to the investors, Citigroup raises the new price target from $50 per share to $60 per share. The rating by the firm was issued on July 7, 2016.

Realty Income Corporation (NYSE:O): The stock opened at $70.31 on Wednesday but the bulls could not build on the opening and the stock topped out at $70.39 for the day. The stock traded down to $69.57 during the day, due to lack of any buying support eventually closed down at $69.80 with a loss of -0.70% for the day. The stock had closed at $70.29 on the previous day. The total traded volume was 1,032,665 shares.

The stock has recorded a 20-day Moving Average of 1.6% and the 50-Day Moving Average is 7.82%. In a related news, The Officer (Svp, Asset & Port. Mgmt.), of REALTY INCOME CORP, Fox Benjamin N had unloaded 2,174 shares at $65.79 per share in a transaction on June 24, 2016. The total value of transaction was $143,027. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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.

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