LMR Partners LLP Takes $2.34 Million Position in Realty Income Corp (O)

LMR Partners LLP acquired a new position in shares of Realty Income Corp (NYSE:O) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 37,059 shares of the real estate investment trust’s stock, valued at approximately $2,336,000.

A number of other hedge funds also recently added to or reduced their stakes in O. Cohen & Steers Inc. raised its position in Realty Income by 190.7% during the fourth quarter. Cohen & Steers Inc. now owns 7,378,766 shares of the real estate investment trust’s stock worth $465,157,000 after acquiring an additional 4,840,630 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Realty Income by 11,967.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,749,745 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 3,718,673 shares during the last quarter. Deutsche Bank AG raised its position in Realty Income by 400.9% during the third quarter. Deutsche Bank AG now owns 4,477,781 shares of the real estate investment trust’s stock worth $254,736,000 after acquiring an additional 3,583,907 shares during the last quarter. BlackRock Inc. raised its position in Realty Income by 8.8% during the third quarter. BlackRock Inc. now owns 32,996,152 shares of the real estate investment trust’s stock worth $1,877,150,000 after acquiring an additional 2,678,465 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its position in Realty Income by 2,792.3% during the fourth quarter. Daiwa Securities Group Inc. now owns 1,565,303 shares of the real estate investment trust’s stock worth $98,677,000 after acquiring an additional 1,511,184 shares during the last quarter. 74.89% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:O opened at $71.38 on Thursday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $21.66 billion, a PE ratio of 22.38, a PEG ratio of 5.19 and a beta of 0.18. Realty Income Corp has a 1-year low of $48.80 and a 1-year high of $71.91.



Realty Income (NYSE:O) last posted its quarterly earnings data on Wednesday, February 20th. The real estate investment trust reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.48. The business had revenue of $342.60 million during the quarter, compared to analyst estimates of $330.23 million. Realty Income had a net margin of 27.38% and a return on equity of 4.78%. The company’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 earnings per share. Research analysts anticipate that Realty Income Corp will post 3.27 earnings per share for the current fiscal year.

The company also recently disclosed a apr 19 dividend, which will be paid on Monday, April 15th. Stockholders of record on Monday, April 1st will be given a $0.226 dividend. The ex-dividend date is Friday, March 29th. Realty Income’s dividend payout ratio is presently 84.95%.

A number of equities analysts have issued reports on O shares. Bank of America upgraded shares of Realty Income from a “neutral” rating to a “buy” rating and set a $72.00 target price for the company in a research report on Thursday, November 15th. Citigroup set a $56.00 target price on shares of Realty Income and gave the stock a “sell” rating in a research report on Friday, November 30th. Finally, Zacks Investment Research cut shares of Realty Income from a “buy” rating to a “hold” rating in a research report on Friday, January 4th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Realty Income has an average rating of “Hold” and a consensus target price of $59.45.

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Realty Income Profile

Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 5,700 real estate properties owned under long-term lease agreements with regional and national commercial tenants.

Featured Story: What kind of dividend yield to CEF’s pay?

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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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