Amica Retiree Medical Trust bought a new stake in shares of Realty Income Corporation (NYSE:O) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 5,911 shares of the real estate investment trust’s stock, valued at approximately $338,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in O. Vanguard Group Inc. grew its position in shares of Realty Income Corporation by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 46,814,575 shares of the real estate investment trust’s stock valued at $2,583,229,000 after acquiring an additional 834,811 shares during the period. BlackRock Inc. grew its position in shares of Realty Income Corporation by 3.9% during the 2nd quarter. BlackRock Inc. now owns 27,144,544 shares of the real estate investment trust’s stock valued at $1,497,836,000 after acquiring an additional 1,024,539 shares during the period. Northern Trust Corp grew its position in shares of Realty Income Corporation by 3.6% during the 2nd quarter. Northern Trust Corp now owns 4,718,094 shares of the real estate investment trust’s stock valued at $260,344,000 after acquiring an additional 164,326 shares during the period. Bank of New York Mellon Corp grew its position in shares of Realty Income Corporation by 8.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,345,915 shares of the real estate investment trust’s stock valued at $248,543,000 after acquiring an additional 322,239 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Realty Income Corporation by 5.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,692,785 shares of the real estate investment trust’s stock valued at $203,772,000 after acquiring an additional 176,292 shares during the period. Institutional investors and hedge funds own 67.54% of the company’s stock.

In related news, SVP Joel Tomlinson sold 1,746 shares of the stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $56.45, for a total value of $98,561.70. Following the sale, the senior vice president now directly owns 14,913 shares of the company’s stock, valued at approximately $841,838.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregory Mclaughlin sold 3,200 shares of the stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $58.85, for a total transaction of $188,320.00. Following the completion of the sale, the director now directly owns 15,986 shares in the company, valued at $940,776.10. The disclosure for this sale can be found here. Insiders have sold a total of 10,549 shares of company stock worth $593,646 over the last 90 days. Corporate insiders own 0.30% of the company’s stock.

O has been the subject of several recent analyst reports. B. Riley reaffirmed a “neutral” rating on shares of Realty Income Corporation in a report on Wednesday, November 1st. Vetr raised shares of Realty Income Corporation from a “hold” rating to a “buy” rating and set a $58.60 target price for the company in a report on Monday. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income Corporation in a report on Thursday, October 26th. Capital One Financial Corporation reaffirmed an “equal weight” rating on shares of Realty Income Corporation in a report on Wednesday, October 25th. Finally, Zacks Investment Research downgraded shares of Realty Income Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. Realty Income Corporation currently has a consensus rating of “Hold” and an average target price of $65.43.

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Realty Income Corporation (O) traded up $0.10 on Friday, hitting $56.39. 235,437 shares of the company’s stock traded hands, compared to its average volume of 1,751,084. Realty Income Corporation has a twelve month low of $52.85 and a twelve month high of $63.60. The company has a market cap of $15,861.70, a P/E ratio of 18.40, a PEG ratio of 4.61 and a beta of 0.28. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.26 and a quick ratio of 1.26.

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

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

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.

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

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