Duncker Streett & Co. Inc. lowered its position in shares of Realty Income Corp (NYSE:O) by 2.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 32,119 shares of the real estate investment trust’s stock after selling 933 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Realty Income were worth $1,831,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Texas Permanent School Fund lifted its position in Realty Income by 1.3% during the 4th quarter. Texas Permanent School Fund now owns 76,925 shares of the real estate investment trust’s stock worth $4,386,000 after acquiring an additional 971 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new position in shares of Realty Income in the 4th quarter valued at about $323,000. Strs Ohio lifted its holdings in shares of Realty Income by 5.9% in the 4th quarter. Strs Ohio now owns 408,636 shares of the real estate investment trust’s stock valued at $23,300,000 after buying an additional 22,778 shares during the period. APG Asset Management US Inc. lifted its holdings in shares of Realty Income by 36.5% in the 4th quarter. APG Asset Management US Inc. now owns 2,882,000 shares of the real estate investment trust’s stock valued at $164,332,000 after buying an additional 770,700 shares during the period. Finally, First Manhattan Co. lifted its holdings in shares of Realty Income by 14.5% in the 4th quarter. First Manhattan Co. now owns 42,689 shares of the real estate investment trust’s stock valued at $2,434,000 after buying an additional 5,415 shares during the period. 69.94% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on the company. B. Riley reissued a “neutral” rating on shares of Realty Income in a report on Wednesday, November 1st. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Realty Income in a report on Thursday, October 26th. Vetr raised Realty Income from a “hold” rating to a “buy” rating and set a $58.60 price objective for the company in a report on Monday, November 20th. Capital One Financial reissued an “equal weight” rating on shares of Realty Income in a report on Wednesday, October 25th. Finally, Zacks Investment Research cut Realty Income from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. Realty Income has an average rating of “Hold” and an average target price of $64.09.

In related news, CFO Paul M. Meurer sold 5,603 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $54.75, for a total value of $306,764.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joel Tomlinson sold 1,746 shares of the 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 completion of the transaction, the senior vice president now owns 14,913 shares of the company’s stock, valued at $841,838.85. The disclosure for this sale can be found here. 0.30% of the stock is owned by corporate insiders.

Realty Income Corp (NYSE:O) traded up $0.72 during trading hours on Tuesday, reaching $53.86. The company’s stock had a trading volume of 1,705,300 shares, compared to its average volume of 1,908,886. Realty Income Corp has a 52 week low of $52.60 and a 52 week high of $63.60. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.78. The stock has a market cap of $15,370.00, a price-to-earnings ratio of 44.15, a P/E/G ratio of 4.03 and a beta of 0.29.

Realty Income (NYSE:O) last posted its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.01. The company had revenue of $306.90 million during 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 quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.72 EPS. analysts anticipate that Realty Income Corp will post 2.89 earnings per share for the current year.

The business also recently declared a feb 18 dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be given a $0.219 dividend. The ex-dividend date of this dividend is Wednesday, January 31st. This is a positive change 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%.

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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.

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

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