Large Inflow of Money Witnessed in Realty Income Corporation

Realty Income Corporation (NYSE:O) stock had a bullish inflow of $11.04 million worth of trades on uptick and an outflow of $9.22 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.2. The net money flow into the stock was $1.83 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.58 million. $1.58 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Realty Income Corporation (NYSE:O) stock traded down $0 , and reached $68, a drop of 0% over the previous day. On a weekly basis, the stock is 3.42%, over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Mclaughlin Gregory, director of Realty Income Corp, had unloaded 1,950 shares at an average price of $63.87 in a transaction dated on June 15, 2016. The total value of the transaction was worth $124,547. 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 -16.71% . Institutional Investors own 70.22% of Realty Income Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -18.68%.

The company shares have rallied 51.22% from its 1 Year high price. On Jun 28, 2016, the shares registered one year high at $68.20 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $62.90 and the 200 Day Moving Average price is recorded at $59.11. Realty Income Corporation (NYSE:O): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $68.39 and $67.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $68.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $68.46, notching a gain of 0.68% for the day. The total traded volume was 1,788,382 . The stock had closed at $68.00 on the previous day.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.