Realty Income stock is trading -10.8% below its average target price of $64.47 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 $58.0 to $72.0 per share.
Realty Income's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.2%. The stock's short ratio is 3.44. The company's insiders own 0.11% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 78.6%. In conclusion, we believe there is mixed market sentiment regarding Realty Income.
Institutions Invested in Realty Income
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Vanguard Group Inc | 16% | 138,468,178 | $7,963,304,684 |
| 2024-06-30 | Blackrock Inc. | 10% | 83,292,102 | $4,790,128,646 |
| 2024-06-30 | State Street Corporation | 7% | 63,821,473 | $3,670,372,805 |
| 2024-06-30 | Cohen & Steers Inc. | 3% | 24,687,237 | $1,419,762,958 |
| 2024-06-30 | Parnassus Investments, LLC | 3% | 22,771,932 | $1,309,613,771 |
| 2024-06-30 | Geode Capital Management, LLC | 3% | 22,572,668 | $1,298,154,098 |
| 2024-06-30 | Bank of America Corporation | 2% | 15,105,194 | $868,699,681 |
| 2024-06-30 | Norges Bank Investment Management | 1% | 12,519,236 | $719,981,241 |
| 2024-06-30 | Morgan Stanley | 1% | 12,439,571 | $715,399,707 |
| 2024-06-30 | Legal & General Group PLC | 1% | 12,258,468 | $704,984,474 |
