Large Outflow of Money Witnessed in Realty Income Corporation

Realty Income Corporation (O) : The value of composite uptick trades was $3.91 million, whereas, the value of composite downtick trades was $5.07 million. The uptick to downtick ratio stood at 0.77 with a negative money flow of ($1.16) Million during Fridays trading session. The block trades money flow was negative ($1.08 million). The transaction of the trades on downticks amounted to $1.08 million, which confirms investors selling on the strength of price. Realty Income Corporation (O) gained 39 cents at $70.47, an increase of 0.56% over the previous days close.


Realty Income Corporation (O) stock is expected to deviate a maximum of $8.37 from the average target price of $62.33 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $76 and the most muted being $46.

Realty Income Corporation (NYSE:O): stock turned positive on Friday. Though the stock opened at $69.99, the bulls momentum made the stock top out at $70.8399 level for the day. The stock recorded a low of $69.9 and closed the trading day at $70.41, in the green by 0.47%. The total traded volume for the day was 1,546,055. The stock had closed at $70.08 in the previous days trading.

In a related news,The Officer (Svp, Asset & Port. Mgmt.) of REALTY INCOME CORP, Fox Benjamin N sold 2,174 shares at $65.79 on June 24, 2016. The Insider selling transaction had a total value worth of $143,027. The Insider information was disclosed with 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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