Crestline Management LP lowered its holdings in shares of Realty Income Corp (NYSE:O) by 16.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,500 shares of the real estate investment trust’s stock after selling 20,000 shares during the quarter. Realty Income accounts for about 1.0% of Crestline Management LP’s portfolio, making the stock its 9th largest position. Crestline Management LP’s holdings in Realty Income were worth $6,588,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in O. Cohen & Steers Inc. lifted its holdings in shares of Realty Income by 190.7% in the 4th 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 lifted its holdings in shares of Realty Income by 11,967.9% in the 4th 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 lifted its holdings in shares of Realty Income by 400.9% in the 3rd 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. lifted its holdings in shares of Realty Income by 8.8% in the 3rd 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. lifted its holdings in shares of Realty Income by 2,792.3% in the 4th 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. Institutional investors and hedge funds own 74.89% of the company’s stock.

O stock opened at $71.24 on Friday. The stock has a market capitalization of $21.64 billion, a P/E ratio of 22.33, a P/E/G ratio of 5.19 and a beta of 0.18. Realty Income Corp has a 12 month low of $48.80 and a 12 month high of $72.11. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.80.

Realty Income (NYSE:O) last posted its quarterly earnings results on Wednesday, February 20th. The real estate investment trust reported $0.79 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.48. The company had revenue of $342.60 million for the quarter, compared to the consensus estimate of $330.23 million. Realty Income had a net margin of 27.38% and a return on equity of 4.78%. The firm’s revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 EPS. On average, equities research analysts expect that Realty Income Corp will post 3.27 EPS for the current fiscal year.

The firm also recently announced a apr 19 dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 1st will be given a dividend of $0.226 per share. The ex-dividend date of this dividend is Friday, March 29th. Realty Income’s dividend payout ratio (DPR) is 84.95%.

O has been the subject of several analyst reports. Citigroup set a $56.00 target price on shares of Realty Income and gave the stock a “sell” rating in a report on Friday, November 30th. Zacks Investment Research raised shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research note on Thursday, January 3rd. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $59.45.

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About Realty Income

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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