Nisa Investment Advisors LLC boosted its stake in Realty Income Corp. (NYSE:O) by 0.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 119,580 shares of the company’s stock after buying an additional 800 shares during the period. Nisa Investment Advisors LLC’s holdings in Realty Income Corp. were worth $8,003,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Invictus RG bought a new position in shares of Realty Income Corp. during the second quarter valued at approximately $105,000. CENTRAL TRUST Co increased its position in shares of Realty Income Corp. by 13.3% in the second quarter. CENTRAL TRUST Co now owns 2,197 shares of the company’s stock valued at $152,000 after buying an additional 258 shares during the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of Realty Income Corp. during the second quarter valued at approximately $180,000. Rehmann Capital Advisory Group bought a new position in shares of Realty Income Corp. during the second quarter valued at approximately $202,000. Finally, WealthTrust Fairport LLC bought a new position in shares of Realty Income Corp. during the second quarter valued at approximately $202,000. Institutional investors and hedge funds own 68.30% of the company’s stock.

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

Shares of Realty Income Corp. (NYSE:O) traded up 1.045% during trading on Tuesday, reaching $56.735. 868,952 shares of the company were exchanged. The stock has a market capitalization of $14.67 billion, a PE ratio of 51.390 and a beta of 0.41. The stock has a 50-day moving average price of $58.65 and a 200-day moving average price of $64.32. Realty Income Corp. has a one year low of $48.37 and a one year high of $72.30.

Realty Income Corp. (NYSE:O) last issued its quarterly earnings data on Wednesday, October 26th. The company reported $0.73 EPS for the quarter, meeting the consensus estimate of $0.73. The company earned $277.20 million during the quarter, compared to analysts’ expectations of $279.57 million. Realty Income Corp. had a net margin of 28.37% and a return on equity of 5.04%. Realty Income Corp.’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.70 earnings per share. Analysts forecast that Realty Income Corp. will post $2.86 EPS for the current year.

The business also recently declared a dec 16 dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st will be paid a $0.202 dividend. The ex-dividend date is Tuesday, November 29th. This represents a yield of 4.36%. Realty Income Corp.’s dividend payout ratio is presently 220.00%.

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Several equities analysts recently commented on the stock. Vetr raised shares of Realty Income Corp. from a “strong sell” rating to a “strong-buy” rating and set a $84.79 price objective for the company in a research note on Tuesday, August 2nd. Zacks Investment Research downgraded shares of Realty Income Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, November 17th. Royal Bank Of Canada raised their price target on shares of Realty Income Corp. from $58.00 to $66.00 and gave the company a “sector perform” rating in a research note on Monday, August 1st. BTIG Research initiated coverage on shares of Realty Income Corp. in a research note on Thursday, August 25th. They set a “neutral” rating for the company. Finally, Mizuho initiated coverage on shares of Realty Income Corp. in a research note on Thursday, October 13th. They set a “neutral” rating and a $65.00 price target for the company. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $61.70.

About Realty Income Corp.

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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