D.A. Davidson & CO. decreased its holdings in shares of Realty Income Corporation (NYSE:O) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,389 shares of the real estate investment trust’s stock after selling 2,027 shares during the period. D.A. Davidson & CO.’s holdings in Realty Income Corporation were worth $2,996,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Bronfman E.L. Rothschild L.P. boosted its position in shares of Realty Income Corporation by 314.4% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,927 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 1,462 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Realty Income Corporation by 42.1% during the 2nd quarter. Bessemer Group Inc. now owns 2,200 shares of the real estate investment trust’s stock valued at $121,000 after purchasing an additional 652 shares in the last quarter. Grove Bank & Trust boosted its position in shares of Realty Income Corporation by 23.4% during the 2nd quarter. Grove Bank & Trust now owns 2,766 shares of the real estate investment trust’s stock valued at $153,000 after purchasing an additional 525 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Realty Income Corporation by 2.9% during the 2nd quarter. Parallel Advisors LLC now owns 3,105 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 87 shares in the last quarter. Finally, MEMBERS Trust Co bought a new stake in shares of Realty Income Corporation during the 3rd quarter valued at about $200,000. Institutional investors own 67.54% of the company’s stock.

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A number of research analysts recently weighed in on O shares. UBS AG raised Realty Income Corporation from a “sell” rating to a “neutral” rating and upped their price target for the stock from $52.00 to $57.00 in a research note on Friday, September 8th. Stifel Nicolaus reaffirmed a “buy” rating and set a $65.00 price target on shares of Realty Income Corporation in a research note on Wednesday, November 1st. FBR & Co set a $56.00 price target on Realty Income Corporation and gave the stock a “hold” rating in a research note on Thursday, October 26th. Vetr raised Realty Income Corporation from a “hold” rating to a “buy” rating and set a $58.60 price target on the stock in a research note on Thursday, October 19th. Finally, Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income Corporation in a research note on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $65.43.

Realty Income Corporation (O) traded up $0.10 during mid-day trading on Friday, reaching $56.39. The company had a trading volume of 235,437 shares, compared to its average volume of 1,751,084. Realty Income Corporation has a fifty-two week low of $52.85 and a fifty-two week high of $63.60. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.78. The firm has a market cap of $15,861.70, a P/E ratio of 18.40, a P/E/G ratio of 4.61 and a beta of 0.28.

Realty Income Corporation (NYSE:O) last posted its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. Realty Income Corporation had a return on equity of 5.11% and a net margin of 29.37%. The business had revenue of $306.90 million for the quarter, compared to the consensus estimate of $292.73 million. During the same period in the prior year, the business earned $0.72 EPS. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. equities analysts predict that Realty Income Corporation will post 2.99 EPS for the current year.

The company also recently declared a dec 17 dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a dividend of $0.212 per share. This represents a yield of 4.49%. The ex-dividend date is Thursday, November 30th. Realty Income Corporation’s dividend payout ratio (DPR) is currently 208.20%.

In other news, SVP Joel Tomlinson sold 1,746 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $56.45, for a total value of $98,561.70. Following the completion of the sale, the senior vice president now directly owns 14,913 shares of the company’s stock, valued at $841,838.85. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gregory Mclaughlin sold 3,200 shares of the stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $58.85, for a total value of $188,320.00. Following the completion of the sale, the director now directly owns 15,986 shares of the company’s stock, valued at $940,776.10. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,549 shares of company stock worth $593,646. 0.30% of the stock is owned by company insiders.

About Realty Income Corporation

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.

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

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