Realty Income Corporation (NYSE:O) has tumbled 0.28% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 8.33% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.92% and the outperformance has advanced to 7.34% for the last 4 weeks period.
Realty Income Corporation (NYSE:O): The stock opened at $64.87 on Friday but the bulls could not build on the opening and the stock topped out at $64.96 for the day. The stock traded down to $63.31 during the day, due to lack of any buying support eventually closed down at $64.12 with a loss of -1.46% for the day. The stock had closed at $65.07 on the previous day. The total traded volume was 3,598,993 shares.
The company shares have rallied 40.95% from its 1 Year high price. On Jun 16, 2016, the shares registered one year high at $65.09 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $62.16 and the 200 Day Moving Average price is recorded at $58.17.
On the companys insider trading activities, Mclaughlin Gregory, director of Realty Income Corp, unloaded 1,950 shares at an average price of $63.87 on June 15, 2016. The total amount of the transaction was worth $124,547, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. The rating by the firm was issued on April 4, 2016. Currently 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 -12.17% . Institutional Investors own 70.25% of Realty Income Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -19.86%.
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.