Daiwa Securities Group Inc. lowered its position in shares of Realty Income Corp (NYSE:O) by 6.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 46,530 shares of the real estate investment trust’s stock after selling 3,000 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Realty Income were worth $2,653,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in Realty Income by 10.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,436,861 shares of the real estate investment trust’s stock worth $256,540,000 after acquiring an additional 437,803 shares during the period. Bank of New York Mellon Corp boosted its holdings in Realty Income by 8.0% in the 3rd 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 acquiring an additional 322,239 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Realty Income by 2.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,774,476 shares of the real estate investment trust’s stock worth $215,866,000 after acquiring an additional 81,691 shares during the period. APG Asset Management US Inc. boosted its holdings in 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 worth $164,332,000 after acquiring an additional 770,700 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in Realty Income by 7.0% in the 3rd quarter. Wells Fargo & Company MN now owns 2,626,834 shares of the real estate investment trust’s stock worth $150,228,000 after acquiring an additional 172,658 shares during the period. Institutional investors and hedge funds own 70.21% of the company’s stock.

A number of research firms have weighed in on O. B. Riley set a $56.00 price target on Realty Income and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Raymond James Financial raised Realty Income from an “underperform” rating to a “market perform” rating in a research report on Wednesday, December 20th. Citigroup raised Realty Income to a “market perform” rating in a research report on Wednesday, December 20th. They noted that the move was a valuation call. Vetr raised Realty Income from a “hold” rating to a “buy” rating and set a $58.60 target price on the stock in a research report on Monday, November 20th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $65.00 target price on shares of Realty Income in a research report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Realty Income has a consensus rating of “Hold” and a consensus target price of $64.09.

Realty Income Corp (NYSE O) opened at $48.10 on Thursday. Realty Income Corp has a 52-week low of $47.25 and a 52-week high of $63.60. The stock has a market capitalization of $13,560.00, a P/E ratio of 39.43, a price-to-earnings-growth ratio of 3.53 and a beta of 0.14. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.26 and a quick ratio of 1.26.

The firm also recently announced a feb 18 dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be given a $0.219 dividend. This represents a dividend yield of 0.00413675859463544%. This is a positive change from Realty Income’s previous feb 18 dividend of $0.21. The ex-dividend date of this dividend is Wednesday, January 31st. Realty Income’s dividend payout ratio is presently 215.57%.

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Realty Income 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.

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

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