Realty stock is trading -25.33% below its average target price of $67.43 after marking a 2.0% during today's morning session. Analysts are giving the large-cap Specialty Real Estate Investment Trust company an average rating of buy and target prices ranging from $59.0 to $74.0 per share.
The stock has an average amount of shares sold short at 2.4%, and a short ratio of 2.44. 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 |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 15% | 106,701,193 | $5,372,404,904 |
| 2023-06-30 | Blackrock Inc. | 9% | 61,840,542 | $3,113,671,195 |
| 2023-06-30 | State Street Corporation | 7% | 51,642,575 | $2,600,203,572 |
| 2023-06-30 | Cohen & Steers Inc. | 6% | 45,307,933 | $2,281,254,357 |
| 2023-06-30 | Bank of America Corporation | 3% | 23,901,225 | $1,203,426,642 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 15,645,964 | $787,774,263 |
| 2023-06-30 | Invesco Ltd. | 2% | 11,670,826 | $587,626,071 |
| 2023-06-30 | Morgan Stanley | 2% | 11,593,920 | $583,753,854 |
| 2023-06-30 | JP Morgan Chase & Company | 2% | 11,048,481 | $556,291,001 |
| 2023-06-30 | Daiwa Securities Group Inc. | 1% | 9,153,965 | $460,902,123 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Realty.
