Mizuho Asset Management Co. Ltd. raised its position in Realty Income Corp. (NYSE:O) by 131.5% during the second quarter, Holdings Channel reports. The fund owned 3,132 shares of the company’s stock after buying an additional 1,779 shares during the period. Mizuho Asset Management Co. Ltd.’s holdings in Realty Income Corp. were worth $217,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in O. Victory Capital Management Inc. raised its stake in Realty Income Corp. by 0.4% in the second quarter. Victory Capital Management Inc. now owns 3,288 shares of the company’s stock worth $228,000 after buying an additional 13 shares in the last quarter. Atlanta Capital Group raised its stake in Realty Income Corp. by 0.4% in the second quarter. Atlanta Capital Group now owns 4,743 shares of the company’s stock worth $329,000 after buying an additional 18 shares in the last quarter. Raymond James Trust N.A. raised its stake in Realty Income Corp. by 0.3% in the second quarter. Raymond James Trust N.A. now owns 15,955 shares of the company’s stock worth $1,107,000 after buying an additional 46 shares in the last quarter. Carnick & Kubik LLC raised its stake in Realty Income Corp. by 0.3% in the first quarter. Carnick & Kubik LLC now owns 17,053 shares of the company’s stock worth $1,066,000 after buying an additional 50 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its stake in Realty Income Corp. by 1.7% in the second quarter. Checchi Capital Advisers LLC now owns 3,286 shares of the company’s stock worth $228,000 after buying an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Shares of Realty Income Corp. (NYSE:O) traded up 0.64% during trading on Tuesday, hitting $65.64. 115,002 shares of the stock traded hands. The firm has a market cap of $16.97 billion, a price-to-earnings ratio of 60.22 and a beta of 0.39. The stock has a 50 day moving average of $67.07 and a 200 day moving average of $64.57. Realty Income Corp. has a 52-week low of $45.65 and a 52-week high of $72.30.

Realty Income Corp. (NYSE:O) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.72 by $0.02. The firm had revenue of $260.06 million for the quarter, compared to analysts’ expectations of $274.34 million. Realty Income Corp. had a net margin of 27.95% and a return on equity of 5.08%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.69 EPS. Analysts expect that Realty Income Corp. will post $2.85 EPS for the current year.

The business also recently announced a oct 16 dividend, which will be paid on Monday, October 17th. Shareholders of record on Monday, October 3rd will be paid a $0.202 dividend. This represents a yield of 3.77%. The ex-dividend date of this dividend is Thursday, September 29th. This is a positive change from Realty Income Corp.’s previous oct 16 dividend of $0.20. Realty Income Corp.’s payout ratio is 222.02%.

O has been the topic of a number of research analyst reports. Vetr downgraded shares of Realty Income Corp. from a “sell” rating to a “strong sell” rating and set a $58.50 price objective on the stock. in a research report on Monday, June 27th. Citigroup Inc. upped their target price on shares of Realty Income Corp. from $50.00 to $60.00 and gave the stock a “sell” rating in a research report on Thursday, July 7th. RBC Capital Markets reaffirmed a “sector perform” rating and issued a $66.00 target price (up from $58.00) on shares of Realty Income Corp. in a research report on Monday, August 1st. Wunderlich upped their target price on shares of Realty Income Corp. from $53.00 to $60.00 and gave the stock a “sell” rating in a research report on Monday, August 1st. Finally, Oppenheimer Holdings Inc. upped their target price on shares of Realty Income Corp. from $66.00 to $78.00 and gave the stock an “outperform” rating in a research report on Thursday, July 28th. Three analysts have rated the stock with a sell rating, seven have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Realty Income Corp. currently has a consensus rating of “Hold” and a consensus target price of $65.14.

In other Realty Income Corp. news, Director Kathleen Allen sold 4,000 shares of Realty Income Corp. stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of $70.49, for a total value of $281,960.00. Following the transaction, the director now owns 74,000 shares in the company, valued at $5,216,260. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Benjamin N. Fox sold 2,174 shares of Realty Income Corp. stock in a transaction dated Friday, June 24th. The shares were sold at an average price of $65.79, for a total value of $143,027.46. Following the completion of the transaction, the senior vice president now owns 12,130 shares in the company, valued at approximately $798,032.70. The disclosure for this sale can be found here. 0.30% of the stock is owned by company insiders.

About Realty Income Corp.

Realty Income Corporation is a real estate investment trust (REIT). The Company 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. Its portfolio includes approximately 4,540 properties, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties.

5 Day Chart for NYSE:O

Want to see what other hedge funds are holding O? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Corp. (NYSE:O).

Receive News & Ratings for Realty Income Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.