Natixis decreased its holdings in shares of Realty Income Corp (NYSE:O) by 85.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,008 shares of the real estate investment trust’s stock after selling 297,407 shares during the quarter. Natixis’ holdings in Realty Income were worth $3,587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Advisors Inc. boosted its holdings in shares of Realty Income by 245.9% during the 1st quarter. Cornerstone Advisors Inc. now owns 377 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 268 shares during the period. Berman Capital Advisors LLC boosted its holdings in shares of Realty Income by 62.8% during the 2nd quarter. Berman Capital Advisors LLC now owns 402 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 155 shares during the period. Weaver Consulting Group bought a new stake in shares of Realty Income during the 2nd quarter worth $29,000. Liberty Wealth Management LLC boosted its holdings in Realty Income by 102.7% in the 2nd quarter. Liberty Wealth Management LLC now owns 444 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 225 shares during the period. Finally, Asset Dedication LLC boosted its holdings in Realty Income by 182.7% in the 2nd quarter. Asset Dedication LLC now owns 489 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 316 shares during the period. Institutional investors own 70.76% of the company’s stock.

A number of analysts have weighed in on O shares. Wells Fargo & Co set a $82.00 price target on shares of Realty Income and gave the company a “buy” rating in a report on Tuesday, September 3rd. Stifel Nicolaus increased their price target on shares of Realty Income from $75.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, September 4th. Standpoint Research increased their price target on shares of Realty Income to $83.00 and gave the company an “overweight” rating in a report on Tuesday, September 3rd. Morgan Stanley increased their price target on shares of Realty Income from $71.00 to $72.00 and gave the company an “equal weight” rating in a report on Thursday, July 11th. Finally, ValuEngine downgraded shares of Realty Income from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Eight analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $72.30.

Shares of O stock traded down $1.38 during mid-day trading on Friday, reaching $73.11. The company’s stock had a trading volume of 695,097 shares, compared to its average volume of 1,297,522. Realty Income Corp has a 1-year low of $55.55 and a 1-year high of $76.73. The company has a market cap of $23.77 billion, a P/E ratio of 22.92, a PEG ratio of 5.79 and a beta of 0.08. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.23 and a current ratio of 1.23. The firm’s 50-day moving average is $72.36 and its two-hundred day moving average is $71.00.

Realty Income (NYSE:O) last announced its quarterly earnings data on Monday, August 5th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.01. Realty Income had a net margin of 27.86% and a return on equity of 4.79%. The company had revenue of $365.50 million during the quarter, compared to analysts’ expectations of $344.42 million. During the same quarter in the prior year, the company posted $0.34 EPS. The business’s revenue was up 11.1% on a year-over-year basis. Sell-side analysts anticipate that Realty Income Corp will post 3.29 EPS for the current year.

The firm also recently disclosed a aug 19 dividend, which will be paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd will be paid a $0.2265 dividend. The ex-dividend date is Friday, August 30th. Realty Income’s dividend payout ratio is 85.27%.

In related news, Director A. Larry Chapman sold 8,000 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $75.09, for a total transaction of $600,720.00. Following the completion of the sale, the director now owns 14,757 shares in the company, valued at approximately $1,108,103.13. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Paul M. Meurer sold 10,000 shares of the stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $75.33, for a total transaction of $753,300.00. Following the sale, the chief financial officer now owns 30,468 shares of the company’s stock, valued at approximately $2,295,154.44. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.

Realty Income Company 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 5,700 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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