Sabal Trust CO raised its stake in Realty Income Corp (NYSE:O) by 13.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,655 shares of the real estate investment trust’s stock after buying an additional 1,990 shares during the quarter. Sabal Trust CO’s holdings in Realty Income were worth $950,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. IFG Advisory LLC acquired a new position in shares of Realty Income during the 4th quarter worth $323,000. San Francisco Sentry Investment Group CA increased its stake in shares of Realty Income by 500.0% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,800 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 1,500 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new position in shares of Realty Income during the 3rd quarter worth $130,000. JFS Wealth Advisors LLC increased its stake in shares of Realty Income by 77.5% during the 4th quarter. JFS Wealth Advisors LLC now owns 2,284 shares of the real estate investment trust’s stock worth $130,000 after purchasing an additional 997 shares during the last quarter. Finally, FNY Managed Accounts LLC acquired a new position in shares of Realty Income during the 3rd quarter worth $137,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Shares of Realty Income Corp (NYSE:O) opened at $47.42 on Friday. 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 stock has a market cap of $13,784.94, a price-to-earnings ratio of 39.18, a P/E/G ratio of 3.54 and a beta of 0.14. Realty Income Corp has a 1-year low of $47.54 and a 1-year high of $63.60.

The company also recently disclosed a feb 18 dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be issued a dividend of $0.219 per share. This is an increase from Realty Income’s previous feb 18 dividend of $0.21. This represents a dividend yield of 0.00413675859463544%. The ex-dividend date is Wednesday, January 31st. Realty Income’s dividend payout ratio is currently 215.57%.

Several research analysts have recently commented on the stock. B. Riley restated a “neutral” rating on shares of Realty Income in a research note on Wednesday, November 1st. FBR & Co set a $56.00 price target on shares of Realty Income and gave the stock a “hold” rating in a research note on Thursday, October 26th. Vetr upgraded shares of Realty Income 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. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Realty Income in a research note on Thursday, October 26th. Finally, Capital One Financial restated an “equal weight” rating on shares of Realty Income in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. Realty Income has an average rating of “Hold” and an average target price of $64.09.

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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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