Amalgamated Bank raised its holdings in Realty Income Corporation (NYSE:O) by 3.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,360 shares of the real estate investment trust’s stock after buying an additional 1,145 shares during the quarter. Amalgamated Bank’s holdings in Realty Income were worth $1,793,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in O. Xact Kapitalforvaltning AB raised its stake in shares of Realty Income by 2.2% in the third quarter. Xact Kapitalforvaltning AB now owns 57,704 shares of the real estate investment trust’s stock worth $3,300,000 after purchasing an additional 1,227 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Realty Income by 23.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 160,139 shares of the real estate investment trust’s stock worth $8,837,000 after purchasing an additional 30,444 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Realty Income by 8.0% in the third quarter. Bank of New York Mellon Corp now owns 4,345,915 shares of the real estate investment trust’s stock worth $248,543,000 after purchasing an additional 322,239 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Realty Income by 3.5% in the second quarter. Ameriprise Financial Inc. now owns 2,270,081 shares of the real estate investment trust’s stock worth $124,609,000 after purchasing an additional 76,311 shares during the last quarter. Finally, QS Investors LLC raised its stake in shares of Realty Income by 48.0% in the second quarter. QS Investors LLC now owns 22,521 shares of the real estate investment trust’s stock worth $1,243,000 after purchasing an additional 7,300 shares during the last quarter. Institutional investors own 70.07% of the company’s stock.

Realty Income Corporation (NYSE O) traded up $0.25 during trading on Friday, reaching $55.55. The company had a trading volume of 2,938,413 shares, compared to its average volume of 1,304,332. The firm has a market capitalization of $15,582.73, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 4.54 and a beta of 0.29. Realty Income Corporation has a 12-month low of $52.85 and a 12-month high of $63.60. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.26 and a current ratio of 1.26.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. The firm had revenue of $306.90 million for the quarter, compared to analyst estimates of $292.73 million. Realty Income had a return on equity of 5.11% and a net margin of 29.37%. Realty Income’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period last year, the company earned $0.72 earnings per share. sell-side analysts anticipate that Realty Income Corporation will post 2.98 earnings per share for the current fiscal year.

The firm 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 $0.212 dividend. This represents a yield of 4.49%. The ex-dividend date is Thursday, November 30th. Realty Income’s payout ratio is currently 208.20%.

In other Realty Income news, SVP Joel Tomlinson sold 1,746 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was 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 $841,838.85. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Paul M. Meurer sold 5,603 shares of the firm’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. Over the last three months, insiders sold 10,549 shares of company stock worth $593,646. 0.30% of the stock is owned by corporate insiders.

Several brokerages have recently issued reports on O. Vetr upgraded Realty Income from a “hold” rating to a “buy” rating and set a $58.60 price objective for the company in a research note on Monday, November 20th. B. Riley reaffirmed a “neutral” rating on shares of Realty Income in a report on Wednesday, November 1st. Stifel Nicolaus reaffirmed a “buy” rating and set a $65.00 target price on shares of Realty Income in a report on Wednesday, November 1st. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income in a report on Wednesday, November 1st. Finally, Capital One Financial reaffirmed an “equal weight” rating on shares of Realty Income in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. Realty Income presently has an average rating of “Hold” and an average target price of $65.43.

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About Realty Income

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 (NYSE:O)

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