Stocks Look To Build On Gains: Realty Income Corporation (O) and Extended Stay America Inc. (STAY)

On Sep 09, MEURER PAUL M, EVP CFO & Treasurer sold 10,000 shares of Realty Income Corporation (NYSE: O), with the average selling price of the stock being $75.33 per share. The total amount realized from this sold $753,300. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Director – Chapman A. Larry sold an extra 8,000 shares of this stock in a transaction that took place a day before, on Sep 05, with a share sold at an average of $75.09 and a total of $600,720 was realized from this transaction. After the transaction, the Director – Chapman A. Larry was left with 14,757 shares of the company’s stock, which is currently worth around $1108103.13.

The recent price movement of O means that it is now down by -6.00% from its 52-week high and 28.88% up against its 52-week low prices. Over the past one week, the price volatility of O stands at 1.44% while the volatility over the past one month is 1.45%. The beta score for this stock is 0.04. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 11/04/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.29 earnings per share (EPS) during that period. This report was below the expectations of analysts of 0.31 by -0.02. The revenue by the firm was 385.9M for the quarter.

The shares of Realty Income Corporation (O) gained by 0.55%, leading to a gain of $0.42 per share, and saw O end the trading session at $77.24 on Thursday 11/14/19. O started the trading session at $77.17, before reaching a daily high of $77.525. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $76.91.

The trading volume on Thursday stood at 1345370, which was below the stock’s 3-month average volume of 1.62 million shares, out of a total 325.27M shares. As the price of the stock climbed, the market valuation of the company gained to 25.59 billion.

The shares of Extended Stay America Inc. (NASDAQ: STAY) went up by 0.75% by the end of the recent trading session. This movement saw its price surge to close at $14.69, which was higher than the previous closing price of $14.58. Over the past one week, the price of STAY has jumped by 1.24%, while it has recorded a gain of 0.20% over the past one month. Its three-month performance saw STAY gain 2.37% while its six-month performance saw it drop by -18.12%. The situation is different though over the past one year, as the stock price went down by -18.66%, while its year-to-date (YTD) price performance slipped by -5.23%. The stock price has gone up by +7.46% compared to its 90-day low, while it is down -3.92% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Hold. In the short-term, the stock has a 20-day average volume of 1,551,675 shares, with the short-term indicators averagely rating the stock as a 50% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,659,620 shares and the indicators have an average rating of 50% Sell. The last indicators, the long-term see STAY stock with a 100-Day average volume of 1,847,983 shares, giving it an average rating of 100% Sell. A look at the general picture of all short, medium and long-term indicators leaves STAY with an average rating of 64% Sell.

Several brokerage firms sent out their reports STAY stock not long ago. In its report sent out on September 06, 2019, JP Morgan lowered its ratings on STAY from a Overweight to a Neutral. In an earlier report on August 09, 2019, Morgan Stanley Downgrade the stock from a Overweight to a Equal-Weight. Jefferies meanwhile in its report on August 08, 2019 Downgrade its rating of the stock from a “Hold” to “Hold”.

In a recent SEC filing, the company revealed that 315 institutions currently hold the STAY stock. In the last quarter, a 190,894,273 STAY shares were in the possession of institutions. On the other hand, the company recorded 37 new institutions who bought it their stock, while 50 institutions sold their entire STAY reserve. Of the current institutions investing in the stock, 140 increased their investment while 147 decreased their investment in the stock.