National Pension Service lifted its position in Realty Income Corp (NYSE:O) by 13.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 298,013 shares of the real estate investment trust’s stock after buying an additional 35,840 shares during the period. National Pension Service’s holdings in Realty Income were worth $16,993,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. San Francisco Sentry Investment Group CA raised its holdings in shares of Realty Income by 500.0% during the third quarter. San Francisco Sentry Investment Group CA now owns 1,800 shares of the real estate investment trust’s stock valued at $103,000 after purchasing an additional 1,500 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new position in shares of Realty Income during the third quarter valued at approximately $130,000. FNY Managed Accounts LLC purchased a new position in shares of Realty Income during the third quarter valued at approximately $137,000. BB&T Investment Services Inc. purchased a new position in shares of Realty Income during the second quarter valued at approximately $194,000. Finally, MEMBERS Trust Co purchased a new position in shares of Realty Income during the third quarter valued at approximately $200,000. Hedge funds and other institutional investors own 69.94% of the company’s stock.

Shares of Realty Income Corp (NYSE:O) opened at $53.14 on Monday. Realty Income Corp has a twelve month low of $52.60 and a twelve month high of $63.60. The company has a market cap of $14,974.08, a P/E ratio of 43.56, a price-to-earnings-growth ratio of 4.03 and a beta of 0.29. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.78.

Realty Income (NYSE:O) last announced its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.01. The firm had revenue of $306.90 million during the quarter, compared to analysts’ expectations of $292.73 million. Realty Income had a net margin of 29.37% and a return on equity of 5.11%. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.72 earnings per share. equities research analysts predict that Realty Income Corp will post 2.89 EPS for the current year.

The company also recently disclosed a feb 18 dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be paid a $0.219 dividend. The ex-dividend date of this dividend is Wednesday, January 31st. This is a boost from Realty Income’s previous feb 18 dividend of $0.21. This represents a dividend yield of 0.00413675859463544%. Realty Income’s dividend payout ratio is 209.02%.

Several research analysts have recently weighed in on O shares. Zacks Investment Research cut shares of Realty Income from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th. Ladenburg Thalmann Financial Services reaffirmed a “hold” 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. Vetr raised shares of Realty Income from a “hold” rating to a “buy” rating and set a $58.60 target price for the company in a report on Monday, November 20th. Finally, Raymond James Financial raised shares of Realty Income from an “underperform” rating to a “market perform” rating in a report on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $64.09.

In other news, CFO Paul M. Meurer sold 5,603 shares of the stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $54.75, for a total value of $306,764.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joel Tomlinson sold 1,746 shares of the stock in a transaction on Friday, November 10th. The stock was sold at an average price of $56.45, for a total transaction of $98,561.70. Following the completion of the sale, the senior vice president now directly owns 14,913 shares of the company’s stock, valued at $841,838.85. The disclosure for this sale can be found here. Corporate insiders own 0.30% of the company’s stock.

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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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