KBC Group NV increased its stake in Realty Income Corp. (NYSE:O) by 13.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 138,470 shares of the company’s stock after buying an additional 16,175 shares during the period. KBC Group NV owned 0.05% of Realty Income Corp. worth $9,268,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Victory Capital Management Inc. raised its stake in Realty Income Corp. by 0.4% in the second quarter. Victory Capital Management Inc. now owns 3,288 shares of the company’s stock worth $228,000 after buying an additional 13 shares in the last quarter. Atlanta Capital Group raised its stake in Realty Income Corp. by 0.4% in the second quarter. Atlanta Capital Group now owns 4,743 shares of the company’s stock worth $329,000 after buying an additional 18 shares in the last quarter. Raymond James Trust N.A. raised its stake in Realty Income Corp. by 0.3% in the second quarter. Raymond James Trust N.A. now owns 15,955 shares of the company’s stock worth $1,107,000 after buying an additional 46 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Realty Income Corp. by 1.7% in the second quarter. Checchi Capital Advisers LLC now owns 3,286 shares of the company’s stock worth $228,000 after buying an additional 54 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. raised its stake in Realty Income Corp. by 1.4% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 6,326 shares of the company’s stock worth $395,000 after buying an additional 88 shares in the last quarter. 68.30% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Realty Income Corp. (NYSE:O) traded down 0.39% during trading on Monday, reaching $56.35. 1,664,716 shares of the company’s stock traded hands. Realty Income Corp. has a one year low of $48.37 and a one year high of $72.30. The company has a 50 day moving average price of $58.79 and a 200-day moving average price of $64.36. The stock has a market cap of $14.57 billion, a P/E ratio of 51.04 and a beta of 0.41.

Realty Income Corp. (NYSE:O) last posted its quarterly earnings data on Wednesday, October 26th. The company reported $0.73 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.73. Realty Income Corp. had a net margin of 28.37% and a return on equity of 5.04%. The firm had revenue of $277.20 million for the quarter, compared to the consensus estimate of $279.57 million. During the same quarter in the prior year, the company posted $0.70 earnings per share. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. On average, equities research analysts expect that Realty Income Corp. will post $2.86 EPS for the current fiscal year.

The business also recently disclosed a dec 16 dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be issued a dividend of $0.202 per share. The ex-dividend date is Tuesday, November 29th. This represents a dividend yield of 4.36%. Realty Income Corp.’s dividend payout ratio (DPR) is currently 220.00%.

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A number of analysts have recently issued reports on O shares. Zacks Investment Research raised shares of Realty Income Corp. from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a report on Wednesday, November 2nd. RBC Capital Markets reaffirmed a “sector perform” rating and set a $66.00 price target (up previously from $58.00) on shares of Realty Income Corp. in a report on Monday, August 1st. Wunderlich raised their price target on shares of Realty Income Corp. from $53.00 to $60.00 and gave the company a “sell” rating in a report on Monday, August 1st. Vetr downgraded shares of Realty Income Corp. from a “buy” rating to a “hold” rating and set a $61.16 price target on the stock. in a report on Monday, October 10th. Finally, Stifel Nicolaus dropped their price target on shares of Realty Income Corp. from $70.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, November 14th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $61.70.

Realty Income Corp. 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. Its portfolio includes approximately 4,540 properties, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties.

5 Day Chart for NYSE:O

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