Realty Income Corp (NYSE:O) Holdings Raised by US Bancorp DE

US Bancorp DE boosted its stake in Realty Income Corp (NYSE:O) by 5.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 79,036 shares of the real estate investment trust’s stock after buying an additional 4,119 shares during the quarter. US Bancorp DE’s holdings in Realty Income were worth $5,450,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in O. Spirit of America Management Corp NY raised its holdings in shares of Realty Income by 8.2% during the 2nd quarter. Spirit of America Management Corp NY now owns 13,830 shares of the real estate investment trust’s stock valued at $953,000 after purchasing an additional 1,050 shares in the last quarter. AGF Investments LLC raised its holdings in Realty Income by 27.3% in the 2nd quarter. AGF Investments LLC now owns 4,314 shares of the real estate investment trust’s stock worth $298,000 after acquiring an additional 924 shares during the period. BB&T Securities LLC raised its holdings in Realty Income by 0.3% in the 2nd quarter. BB&T Securities LLC now owns 136,802 shares of the real estate investment trust’s stock worth $9,435,000 after acquiring an additional 448 shares during the period. Canada Pension Plan Investment Board raised its holdings in Realty Income by 108.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 273,985 shares of the real estate investment trust’s stock worth $18,897,000 after acquiring an additional 142,490 shares during the period. Finally, Northern Trust Corp raised its holdings in Realty Income by 5.2% in the 2nd quarter. Northern Trust Corp now owns 5,466,940 shares of the real estate investment trust’s stock worth $377,055,000 after acquiring an additional 268,914 shares during the period. Institutional investors own 70.80% of the company’s stock.

NYSE O traded up $0.43 during midday trading on Thursday, hitting $75.80. The company had a trading volume of 44,218 shares, compared to its average volume of 1,417,909. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.80. The stock has a market cap of $23.54 billion, a price-to-earnings ratio of 23.78, a P/E/G ratio of 5.80 and a beta of 0.08. The firm has a fifty day simple moving average of $72.87 and a two-hundred day simple moving average of $71.13. Realty Income Corp has a fifty-two week low of $55.55 and a fifty-two week high of $76.73.



Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, August 5th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.01. The company had revenue of $365.50 million for the quarter, compared to analyst estimates of $344.42 million. Realty Income had a net margin of 27.86% and a return on equity of 4.79%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the business posted $0.34 EPS. As a group, equities analysts predict that Realty Income Corp will post 3.29 earnings per share for the current year.

The business also recently declared a sep 19 dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be given a $0.227 dividend. The ex-dividend date is Monday, September 30th. Realty Income’s dividend payout ratio is 85.27%.

In other Realty Income news, CFO Paul M. Meurer sold 10,000 shares of the firm’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $75.33, for a total value of $753,300.00. Following the sale, the chief financial officer now directly owns 30,468 shares in the company, valued at approximately $2,295,154.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director A. Larry Chapman sold 8,000 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $75.09, for a total transaction of $600,720.00. Following the completion of the sale, the director now owns 14,757 shares in the company, valued at $1,108,103.13. The disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.

Several brokerages recently commented on O. Deutsche Bank began coverage on shares of Realty Income in a report on Tuesday, August 27th. They issued a “hold” rating and a $73.00 target price on the stock. Stifel Nicolaus lifted their target price on shares of Realty Income from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. Morgan Stanley lifted their target price on shares of Realty Income from $72.00 to $75.00 and gave the stock an “equal weight” rating in a report on Tuesday. Citigroup set a $74.00 target price on shares of Realty Income and gave the stock a “hold” rating in a report on Tuesday, June 11th. Finally, Wells Fargo & Co set a $82.00 target price on shares of Realty Income and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $74.22.

Realty Income Company 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.

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

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