SG Americas Securities LLC lowered its position in shares of Realty Income Corp (NYSE:O) by 25.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,862 shares of the real estate investment trust’s stock after selling 42,338 shares during the period. SG Americas Securities LLC’s holdings in Realty Income were worth $6,555,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. American International Group Inc. lifted its position in Realty Income by 0.9% in the first quarter. American International Group Inc. now owns 107,816 shares of the real estate investment trust’s stock valued at $5,577,000 after acquiring an additional 994 shares during the last quarter. Palladium Partners LLC lifted its position in Realty Income by 21.3% in the first quarter. Palladium Partners LLC now owns 5,700 shares of the real estate investment trust’s stock valued at $295,000 after acquiring an additional 1,000 shares during the last quarter. State Treasurer State of Michigan lifted its position in Realty Income by 1.3% in the first quarter. State Treasurer State of Michigan now owns 83,724 shares of the real estate investment trust’s stock valued at $4,331,000 after acquiring an additional 1,100 shares during the last quarter. Griffin Asset Management Inc. lifted its position in Realty Income by 7.8% in the first quarter. Griffin Asset Management Inc. now owns 15,935 shares of the real estate investment trust’s stock valued at $824,000 after acquiring an additional 1,148 shares during the last quarter. Finally, IHT Wealth Management LLC raised its holdings in shares of Realty Income by 13.9% in the first quarter. IHT Wealth Management LLC now owns 9,486 shares of the real estate investment trust’s stock valued at $485,000 after buying an additional 1,155 shares during the last quarter. 68.52% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Kathleen Allen sold 4,000 shares of the business’s stock in a transaction dated Thursday, May 24th. The shares were sold at an average price of $52.55, for a total transaction of $210,200.00. Following the transaction, the director now directly owns 78,000 shares in the company, valued at $4,098,900. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Sumit Roy sold 18,682 shares of the business’s stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $57.49, for a total transaction of $1,074,028.18. Following the transaction, the chief operating officer now owns 70,041 shares in the company, valued at $4,026,657.09. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 80,967 shares of company stock worth $4,645,510. Company insiders own 0.20% of the company’s stock.

Shares of NYSE:O opened at $58.85 on Friday. Realty Income Corp has a one year low of $47.25 and a one year high of $60.05. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.28 and a quick ratio of 1.28. The stock has a market capitalization of $16.39 billion, a PE ratio of 19.23, a price-to-earnings-growth ratio of 3.98 and a beta of 0.16.

Realty Income (NYSE:O) last announced its earnings results on Wednesday, August 1st. The real estate investment trust reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.45). Realty Income had a net margin of 25.96% and a return on equity of 5.05%. The business had revenue of $328.90 million during the quarter, compared to analysts’ expectations of $311.95 million. During the same period in the previous year, the company posted $0.76 earnings per share. Realty Income’s quarterly revenue was up 9.6% on a year-over-year basis. sell-side analysts predict that Realty Income Corp will post 3.18 EPS for the current year.

The company also recently declared a aug 18 dividend, which was paid on Wednesday, August 15th. Stockholders of record on Wednesday, August 1st were paid a dividend of $0.22 per share. The ex-dividend date was Tuesday, July 31st. This represents a dividend yield of 4.73%. Realty Income’s dividend payout ratio (DPR) is 86.27%.

A number of equities research analysts have recently commented on O shares. ValuEngine cut shares of Realty Income from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. DA Davidson set a $65.00 target price on shares of Realty Income and gave the company a “buy” rating in a report on Thursday, May 10th. Mitsubishi UFJ Financial Group raised shares of Realty Income from a “neutral” rating to an “overweight” rating and upped their target price for the company from $54.00 to $62.00 in a report on Tuesday, July 10th. Zacks Investment Research cut shares of Realty Income from a “hold” rating to a “sell” rating in a report on Tuesday, July 31st. Finally, Mizuho set a $58.00 target price on shares of Realty Income and gave the company a “hold” rating in a report on Monday, August 13th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. Realty Income presently has a consensus rating of “Hold” and an average price target of $58.90.

Realty Income Company Profile

Realty Income, The Monthly Dividend Company<sup>®</sup>, 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 5,300 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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