Mutual of America Capital Management LLC grew its position in Realty Income Corporation (NYSE:O) by 0.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,142 shares of the real estate investment trust’s stock after acquiring an additional 44 shares during the period. Mutual of America Capital Management LLC’s holdings in Realty Income Corporation were worth $1,829,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. FCG Advisors LLC grew its position in shares of Realty Income Corporation by 0.5% in the 2nd quarter. FCG Advisors LLC now owns 3,629 shares of the real estate investment trust’s stock valued at $200,000 after acquiring an additional 18 shares during the period. Bennicas & Associates Inc. lifted its stake in shares of Realty Income Corporation by 0.6% during the 2nd quarter. Bennicas & Associates Inc. now owns 5,133 shares of the real estate investment trust’s stock worth $283,000 after buying an additional 33 shares during the last quarter. RiverPoint Capital Management LLC lifted its stake in shares of Realty Income Corporation by 0.9% during the 1st quarter. RiverPoint Capital Management LLC now owns 3,920 shares of the real estate investment trust’s stock worth $233,000 after buying an additional 34 shares during the last quarter. Eaton Vance Management lifted its stake in shares of Realty Income Corporation by 0.9% during the 2nd quarter. Eaton Vance Management now owns 5,052 shares of the real estate investment trust’s stock worth $279,000 after buying an additional 47 shares during the last quarter. Finally, Financial Advisors Network Inc. lifted its stake in shares of Realty Income Corporation by 0.4% during the 1st quarter. Financial Advisors Network Inc. now owns 14,582 shares of the real estate investment trust’s stock worth $797,000 after buying an additional 56 shares during the last quarter. 68.98% of the stock is owned by institutional investors.

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O has been the subject of a number of research reports. Canaccord Genuity initiated coverage on shares of Realty Income Corporation in a research note on Tuesday, July 18th. They set a “buy” rating and a $61.00 target price for the company. Stifel Nicolaus restated a “buy” rating and set a $65.00 target price on shares of Realty Income Corporation in a research note on Friday, July 14th. BidaskClub upgraded shares of Realty Income Corporation from a “sell” rating to a “hold” rating in a research note on Sunday, July 16th. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Realty Income Corporation in a research note on Thursday, July 27th. Finally, FBR & Co initiated coverage on shares of Realty Income Corporation in a research note on Monday, July 17th. They set a “market perform” rating and a $56.00 target price for the company. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $64.27.

In related news, Director Gregory Mclaughlin sold 3,200 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $58.85, for a total transaction of $188,320.00. Following the completion of the transaction, the director now owns 15,986 shares in the company, valued at $940,776.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.30% of the stock is currently owned by corporate insiders.

Shares of Realty Income Corporation (NYSE:O) opened at 57.15 on Thursday. The firm has a 50-day moving average of $58.01 and a 200 day moving average of $57.37. The firm has a market cap of $15.66 billion, a PE ratio of 48.89 and a beta of 0.32. Realty Income Corporation has a 52 week low of $52.72 and a 52 week high of $63.60.

Realty Income Corporation (NYSE:O) last posted its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.76 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.76. The company had revenue of $300.20 million during the quarter, compared to analyst estimates of $289.86 million. Realty Income Corporation had a net margin of 29.19% and a return on equity of 5.14%. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.70 earnings per share. Equities research analysts predict that Realty Income Corporation will post $1.19 EPS for the current fiscal year.

The business also recently declared a oct 17 dividend, which will be paid on Friday, October 13th. Investors of record on Monday, October 2nd will be given a dividend of $0.212 per share. The ex-dividend date of this dividend is Friday, September 29th. This represents a yield of 4.33%. This is a positive change from Realty Income Corporation’s previous oct 17 dividend of $0.21. Realty Income Corporation’s dividend payout ratio is presently 217.09%.

Realty Income Corporation Company Profile

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. As of December 31, 2016, the Company owned a diversified portfolio of 4,944 properties located in 49 states and Puerto Rico, with over 83.0 million square feet of leasable space leased to 248 different commercial tenants doing business in 47 separate industries.

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

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