Meadow Creek Investment Management LLC lifted its stake in shares of Realty Income Co. (NYSE:O) by 11.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,948 shares of the real estate investment trust’s stock after purchasing an additional 1,848 shares during the period. Meadow Creek Investment Management LLC’s holdings in Realty Income were worth $1,023,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of O. Nationwide Fund Advisors lifted its position in shares of Realty Income by 1.7% during the third quarter. Nationwide Fund Advisors now owns 76,978 shares of the real estate investment trust’s stock worth $4,402,000 after purchasing an additional 1,290 shares during the last quarter. New York State Common Retirement Fund raised its stake in Realty Income by 2.2% during the third quarter. New York State Common Retirement Fund now owns 612,200 shares of the real estate investment trust’s stock worth $35,012,000 after acquiring an additional 13,000 shares during the period. Teacher Retirement System of Texas acquired a new stake in Realty Income during the third quarter worth about $212,000. DekaBank Deutsche Girozentrale raised its stake in Realty Income by 5.7% during the third quarter. DekaBank Deutsche Girozentrale now owns 17,979 shares of the real estate investment trust’s stock worth $1,115,000 after acquiring an additional 972 shares during the period. Finally, Comerica Bank raised its stake in Realty Income by 1.7% during the third quarter. Comerica Bank now owns 91,546 shares of the real estate investment trust’s stock worth $4,959,000 after acquiring an additional 1,521 shares during the period. 70.95% of the stock is currently owned by institutional investors and hedge funds.

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In other Realty Income news, EVP Benjamin N. Fox sold 2,276 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $50.39, for a total value of $114,687.64. Following the sale, the executive vice president now owns 17,531 shares in the company, valued at $883,387.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.30% of the stock is currently owned by company insiders.

Several equities research analysts recently weighed in on O shares. B. Riley set a $56.00 price objective on shares of Realty Income and gave the stock a “hold” rating in a research note on Monday, December 4th. Stifel Nicolaus dropped their price objective on shares of Realty Income from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, February 22nd. Raymond James Financial upgraded shares of Realty Income from an “underperform” rating to a “market perform” rating in a research note on Wednesday, December 20th. Citigroup upgraded shares of Realty Income to a “market perform” rating in a research note on Wednesday, December 20th. They noted that the move was a valuation call. Finally, Mizuho reiterated a “hold” rating and set a $53.00 price objective on shares of Realty Income in a research note on Friday, March 2nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. Realty Income currently has a consensus rating of “Hold” and an average price target of $62.08.

Shares of Realty Income stock opened at $49.90 on Thursday. Realty Income Co. has a 12 month low of $47.25 and a 12 month high of $62.31. The company has a market cap of $14,348.71, a P/E ratio of 44.95, a price-to-earnings-growth ratio of 3.85 and a beta of 0.22. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.83.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, February 21st. The real estate investment trust reported $0.76 EPS for the quarter, beating the consensus estimate of $0.32 by $0.44. Realty Income had a net margin of 26.22% and a return on equity of 5.11%. The company had revenue of $298.90 million for the quarter, compared to analyst estimates of $301.53 million. During the same quarter last year, the business earned $0.33 earnings per share. Realty Income’s revenue was up 8.6% compared to the same quarter last year. equities research analysts forecast that Realty Income Co. will post 3.16 EPS for the current fiscal year.

The company also recently declared a apr 18 dividend, which will be paid on Friday, April 13th. Shareholders of record on Monday, April 2nd will be paid a $0.2195 dividend. The ex-dividend date is Thursday, March 29th. This represents a dividend yield of 5.15%. This is a positive change from Realty Income’s previous apr 18 dividend of $0.22. Realty Income’s dividend payout ratio (DPR) is presently 236.94%.

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About Realty Income

Realty Income, The Monthly Dividend Company®, is an S&P 500 company dedicated to providing shareholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 5,000 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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