Financial Partners Group Inc Has $474,000 Stock Holdings in Realty Income Co. (NYSE:O)

Financial Partners Group Inc increased its holdings in shares of Realty Income Co. (NYSE:OGet Rating) by 57.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,824 shares of the real estate investment trust’s stock after acquiring an additional 2,493 shares during the quarter. Financial Partners Group Inc’s holdings in Realty Income were worth $474,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in Realty Income by 6.4% during the fourth quarter. Bank of America Corp DE now owns 18,403,812 shares of the real estate investment trust’s stock worth $1,317,528,000 after acquiring an additional 1,099,113 shares during the period. Morgan Stanley increased its position in Realty Income by 64.4% during the third quarter. Morgan Stanley now owns 10,203,228 shares of the real estate investment trust’s stock worth $661,782,000 after acquiring an additional 3,995,356 shares during the period. Geode Capital Management LLC increased its holdings in Realty Income by 4.4% in the 3rd quarter. Geode Capital Management LLC now owns 8,354,029 shares of the real estate investment trust’s stock valued at $540,627,000 after buying an additional 355,112 shares during the period. Dimensional Fund Advisors LP increased its holdings in Realty Income by 39.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 8,142,323 shares of the real estate investment trust’s stock valued at $582,911,000 after buying an additional 2,313,926 shares during the period. Finally, Northern Trust Corp increased its holdings in Realty Income by 35.3% in the 4th quarter. Northern Trust Corp now owns 7,568,044 shares of the real estate investment trust’s stock valued at $541,796,000 after buying an additional 1,975,409 shares during the period. 76.46% of the stock is currently owned by institutional investors and hedge funds.

O stock traded up $2.02 during midday trading on Friday, reaching $67.41. 5,223,723 shares of the company’s stock traded hands, compared to its average volume of 3,487,404. The company has a market cap of $40.55 billion, a price-to-earnings ratio of 66.09, a P/E/G ratio of 3.41 and a beta of 0.74. The firm’s fifty day moving average price is $68.98 and its 200-day moving average price is $69.16. The company has a quick ratio of 1.95, a current ratio of 2.03 and a debt-to-equity ratio of 0.62. Realty Income Co. has a 52 week low of $62.74 and a 52 week high of $75.40.

Realty Income (NYSE:OGet Rating) last announced its quarterly earnings results on Wednesday, May 4th. The real estate investment trust reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.63). The business had revenue of $807.30 million for the quarter, compared to the consensus estimate of $748.69 million. Realty Income had a net margin of 18.91% and a return on equity of 2.44%. The business’s revenue for the quarter was up 82.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 EPS. Analysts forecast that Realty Income Co. will post 3.92 earnings per share for the current year.

The company also recently announced a may 22 dividend, which was paid on Friday, May 13th. Stockholders of record on Monday, May 2nd were paid a $0.247 dividend. The ex-dividend date of this dividend was Friday, April 29th. Realty Income’s payout ratio is 290.20%.

Several equities analysts have commented on O shares. Capital One Financial reissued an “equal weight” rating on shares of Realty Income in a report on Monday, April 25th. Morgan Stanley decreased their price target on shares of Realty Income from $79.00 to $78.00 and set an “overweight” rating on the stock in a report on Thursday, March 3rd. StockNews.com started coverage on shares of Realty Income in a report on Thursday, March 31st. They set a “hold” rating on the stock. Wolfe Research raised shares of Realty Income from a “peer perform” rating to an “outperform” rating in a report on Tuesday, March 15th. Finally, TheStreet upgraded shares of Realty Income from a “c+” rating to a “b” rating in a research report on Wednesday, May 4th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $77.80.

Realty Income Profile (Get Rating)

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 6,500 real estate properties owned under long-term lease agreements with our commercial clients.

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

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