Realty Income Corporation (O) has risen sharply, recording gains of 8.92% in the past 4 weeks. However, the stock has corrected -0.1% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.36% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 2.99% and the 50-Day Moving Average is 8.65%.
Realty Income Corporation (NYSE:O): The stock opened at $70.25 on Friday but the bulls could not build on the opening and the stock topped out at $70.47 for the day. The stock traded down to $69.18 during the day, due to lack of any buying support eventually closed down at $69.84 with a loss of -0.71% for the day. The stock had closed at $70.34 on the previous day. The total traded volume was 1,634,928 shares.
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 -16.47% . 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 -18.59%. 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.