Public Employees Retirement Association of Colorado trimmed its holdings in Realty Income Corporation (NYSE:O) by 6.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,823 shares of the real estate investment trust’s stock after selling 3,718 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Realty Income Corporation were worth $3,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Realty Income Corporation by 314.4% in 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 during the period. Bessemer Group Inc. lifted its stake in shares of Realty Income Corporation by 42.1% in 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 during the period. Founders Capital Management lifted its stake in shares of Realty Income Corporation by 34.9% in the 2nd quarter. Founders Capital Management now owns 2,435 shares of the real estate investment trust’s stock valued at $134,000 after purchasing an additional 630 shares during the period. Grove Bank & Trust lifted its stake in shares of Realty Income Corporation by 23.4% in 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 during the period. Finally, Parallel Advisors LLC lifted its stake in shares of Realty Income Corporation by 2.9% in 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 during the period. 67.17% of the stock is currently owned by institutional investors.

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In other news, Director Gregory Mclaughlin sold 3,200 shares of the company’s 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 transaction, the director now directly owns 15,986 shares of the company’s stock, valued at $940,776.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Paul M. Meurer sold 5,603 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $54.75, for a total value of $306,764.25. The disclosure for this sale can be found here. Insiders own 0.30% of the company’s stock.

Shares of Realty Income Corporation (O) opened at $56.22 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $15,571.46, a P/E ratio of 18.06, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. Realty Income Corporation has a twelve month low of $52.72 and a twelve month high of $63.60.

Realty Income Corporation (NYSE:O) last issued its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The firm had revenue of $306.90 million during the quarter, compared to analyst estimates of $292.73 million. Realty Income Corporation had a return on equity of 5.11% and a net margin of 29.37%. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.72 EPS. sell-side analysts predict that Realty Income Corporation will post 3 earnings per share for the current fiscal year.

The business also recently disclosed a nov 17 dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st will be issued a dividend of $0.212 per share. This represents a yield of 4.49%. The ex-dividend date is Tuesday, October 31st. Realty Income Corporation’s dividend payout ratio is currently 208.20%.

A number of research analysts recently weighed in on O shares. 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. Canaccord Genuity started coverage on Realty Income Corporation in a research note on Tuesday, July 18th. They set a “buy” rating and a $61.00 price target on the stock. Stifel Nicolaus reaffirmed a “buy” rating and set a $65.00 price target on shares of Realty Income Corporation in a research note on Friday, July 14th. Capital One Financial Corporation reaffirmed an “equal weight” rating on shares of Realty Income Corporation in a research note on Wednesday, October 25th. Finally, Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income Corporation in a research note on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $65.43.

Realty Income Corporation 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. 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.

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

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