Realty Income Corp’s Trend Down, Especially After This Options Activity

 Realty Income Corp's Trend Down, Especially After This Options Activity

In today’s session Realty Income Corp (O) recorded an unusually high (2,294) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the March, 2017 put, expecting serious O decrease. With 2,294 contracts traded and 2364 open interest for the Mar, 17 contract, it seems this is a quite bearish bet. The option with symbol: O170317P00055000 closed last at: $2.45 or 11.4% up. About 307,541 shares traded hands. Realty Income Corp (NYSE:O) has declined 8.90% since April 1, 2016 and is downtrending. It has underperformed by 10.11% the S&P500.

Realty Income Corp (NYSE:O) Ratings Coverage

Out of 10 analysts covering Realty Income (NYSE:O), 4 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 40% are positive. $66 is the highest target while $46 is the lowest. The $56 average target is -1.23% below today’s ($56.7) stock price. Realty Income has been the topic of 18 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of Realty Income Corp (NYSE:O) has “Outperform” rating given on Thursday, February 11 by Oppenheimer. The firm has “Neutral” rating by DA Davidson given on Thursday, July 23. The firm has “Buy” rating given on Thursday, August 27 by Zacks. The stock of Realty Income Corp (NYSE:O) earned “Buy” rating by Stifel Nicolaus on Wednesday, December 30. UBS downgraded Realty Income Corp (NYSE:O) rating on Thursday, October 29. UBS has “Sell” rating and $46 price target. The stock has “Neutral” rating given by BTIG Research on Thursday, August 25. Wunderlich downgraded Realty Income Corp (NYSE:O) on Tuesday, February 16 to “Sell” rating. Stifel Nicolaus maintained Realty Income Corp (NYSE:O) rating on Thursday, October 29. Stifel Nicolaus has “Buy” rating and $52 price target. Zacks downgraded the shares of O in a report on Tuesday, September 22 to “Hold” rating. The stock has “Outperform” rating given by Wells Fargo on Tuesday, December 15.

According to Zacks Investment Research, “REALTY INCOME CORP. is a fully integrated, self-administered and self-managed real estate company with in-house acquisition, leasing, legal, financial underwriting, porfolio management and capital markets expertise.”

Insitutional Activity: The institutional sentiment increased to 1.35 in 2016 Q2. Its up 0.24, from 1.11 in 2016Q1. The ratio improved, as 44 funds sold all Realty Income Corp shares owned while 158 reduced positions. 65 funds bought stakes while 207 increased positions. They now own 179.48 million shares or 0.49% more from 178.61 million shares in 2016Q1.
Pictet Asset Ltd last reported 127,400 shares in the company. Joel Isaacson & Com Ltd Llc holds 0.04% or 2,540 shares in its portfolio. Moreover, Cfo4life Limited Partnership has 0.46% invested in Realty Income Corp (NYSE:O) for 7,709 shares. Washington Tru State Bank has 0% invested in the company for 110 shares. Lord Abbett Limited Liability has 78,700 shares for 0.02% of their US portfolio. Systematic Management Limited Partnership has 0.01% invested in the company for 6,960 shares. Fcg Lc, a New Jersey-based fund reported 3,564 shares. Brown Advisory holds 3,877 shares or 0% of its portfolio. Td Asset holds 114,196 shares or 0.01% of its portfolio. Private Advisor Grp Limited Liability last reported 0.15% of its portfolio in the stock. Loring Wolcott Coolidge Fiduciary Advsr Limited Liability Partnership Ma holds 0.01% of its portfolio in Realty Income Corp (NYSE:O) for 3,866 shares. Gateway Investment Advisers Lc accumulated 0.01% or 20,688 shares. Moreover, Teachers Advsrs Inc has 0.04% invested in Realty Income Corp (NYSE:O) for 310,015 shares. California Employees Retirement Sys accumulated 588,739 shares or 0.07% of the stock. Assetmark Incorporated holds 22,996 shares or 0.03% of its portfolio.

Insider Transactions: Since May 18, 2016, the stock had 0 insider purchases, and 5 insider sales for $1.24 million net activity. Another trade for 4,000 shares valued at $281,960 was sold by ALLEN KATHLEEN. McLaughlin Gregory sold $124,547 worth of stock. $166,700 worth of Realty Income Corp (NYSE:O) was sold by MERRIMAN RONALD on Wednesday, August 17. The insider Huskins Priya Cherian sold 2,000 shares worth $124,580. Wenthur Cary sold $544,860 worth of Realty Income Corp (NYSE:O) on Wednesday, June 1.

Realty Income Corporation is a real estate investment trust . The company has a market cap of $14.04 billion. The Firm is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. It has a 51.43 P/E ratio. The Company’s portfolio includes approximately 4,540 properties, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties.

O Company Profile

Realty Income Corporation, incorporated on March 25, 1997, is a real estate investment trust (REIT). The Firm is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. The Firm has approximately 4,540 properties in its portfolio, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties. The Firm has over 280 lease expirations and re-leased approximately 250 properties. It sold over 30 vacant properties.

More notable recent Realty Income Corp (NYSE:O) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Bank of New York Mellon, Realty Income and Paychex” on October 26, 2016, also Forbes.com with their article: “Realty Income Crosses Above Average Analyst Target” published on September 27, 2016, Finance.Yahoo.com published: “Realty Income Corp. reports 3Q results” on October 26, 2016. More interesting news about Realty Income Corp (NYSE:O) were released by: Fool.com and their article: “Better Buy: Realty Income Corporation vs. Simon Property Group” published on June 03, 2016 as well as Fool.com‘s news article titled: “How Risky Is Realty Income Corporation?” with publication date: August 18, 2016.

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