Aspiriant LLC reduced its position in Realty Income Corp (NYSE:O) by 2.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,077 shares of the real estate investment trust’s stock after selling 185 shares during the period. Aspiriant LLC’s holdings in Realty Income were worth $507,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in O. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Realty Income by 43.7% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 493 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 150 shares during the last quarter. Securian Asset Management Inc lifted its holdings in shares of Realty Income by 19.4% during the 4th quarter. Securian Asset Management Inc now owns 272,283 shares of the real estate investment trust’s stock valued at $17,164,000 after acquiring an additional 44,189 shares in the last quarter. Hartford Investment Management Co. lifted its holdings in shares of Realty Income by 2.0% during the 4th quarter. Hartford Investment Management Co. now owns 43,717 shares of the real estate investment trust’s stock valued at $2,756,000 after acquiring an additional 848 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of Realty Income by 13.5% during the 4th quarter. M&T Bank Corp now owns 39,022 shares of the real estate investment trust’s stock valued at $2,460,000 after acquiring an additional 4,649 shares in the last quarter. Finally, ETF Managers Group LLC lifted its holdings in shares of Realty Income by 18.0% during the 4th quarter. ETF Managers Group LLC now owns 2,568 shares of the real estate investment trust’s stock valued at $162,000 after acquiring an additional 392 shares in the last quarter. 69.50% of the stock is owned by hedge funds and other institutional investors.

Shares of O stock opened at $70.08 on Friday. Realty Income Corp has a 12 month low of $47.25 and a 12 month high of $70.31. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $20.66 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 4.51 and a beta of 0.23.

The company also recently disclosed a feb 19 dividend, which will be paid on Friday, February 15th. Shareholders of record on Friday, February 1st will be issued a $0.2255 dividend. The ex-dividend date is Thursday, January 31st. This represents a yield of 4.18%. This is a positive change from Realty Income’s previous feb 19 dividend of $0.22. Realty Income’s payout ratio is currently 88.56%.

Several research firms recently weighed in on O. Zacks Investment Research lowered shares of Realty Income from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Citigroup upgraded shares of Realty Income from a “sell” rating to a “neutral” rating and lifted their target price for the company from $56.00 to $67.00 in a report on Wednesday, December 12th. Bank of America upgraded shares of Realty Income from a “neutral” rating to a “buy” rating and set a $72.00 target price on the stock in a report on Thursday, November 15th. Royal Bank of Canada lifted their target price on shares of Realty Income from $57.00 to $60.00 and gave the company a “sector perform” rating in a report on Tuesday, November 6th. Finally, ValuEngine upgraded shares of Realty Income from a “hold” rating to a “buy” rating in a report on Tuesday, October 23rd. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Realty Income currently has an average rating of “Hold” and a consensus target price of $59.00.

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Realty Income Profile

Realty Income, The Monthly Dividend Company is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 5,600 real estate properties owned under long-term lease agreements with regional and national commercial tenants.

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

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