Realty stock is trading -15.59% below its average target price of $69.71 after dropping -2.5% during today's evening session. Analysts are giving the large-cap Specialty Real Estate Investment Trust company an average rating of buy and target prices ranging from $65.0 to $74.0 per share.
The stock has an average amount of shares sold short at 2.9%, and a short ratio of 3.12. At 0.1%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a significant number of institutional investors are invested in the stock, with 82.6% of Realty's shares being owned by this investor type.
Institutions Invested in Realty
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Vanguard Group Inc | 15% | 104,083,743 | $6,124,287,454 |
| 2023-03-31 | Blackrock Inc. | 9% | 59,317,110 | $3,490,218,761 |
| 2023-03-31 | State Street Corporation | 7% | 49,182,522 | $2,893,899,601 |
| 2023-03-31 | Cohen & Steers Inc. | 6% | 43,446,709 | $2,556,404,364 |
| 2023-03-31 | Bank of America Corporation | 4% | 25,146,246 | $1,479,605,118 |
| 2023-03-31 | Morgan Stanley | 2% | 15,743,289 | $926,335,127 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 14,441,280 | $849,724,917 |
| 2023-03-31 | JP Morgan Chase & Company | 2% | 11,447,342 | $673,561,605 |
| 2023-03-31 | Invesco Ltd. | 2% | 11,435,888 | $672,887,651 |
| 2023-06-30 | Daiwa Securities Group Inc. | 1% | 9,153,965 | $538,619,301 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Realty.
