Aperio Group LLC Has $4.55 Million Position in Realty Income Corp (O)

Aperio Group LLC decreased its position in Realty Income Corp (NYSE:O) by 10.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,960 shares of the real estate investment trust’s stock after selling 9,103 shares during the quarter. Aperio Group LLC’s holdings in Realty Income were worth $4,549,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Glen Harbor Capital Management LLC raised its holdings in Realty Income by 4.0% during the second quarter. Glen Harbor Capital Management LLC now owns 24,582 shares of the real estate investment trust’s stock worth $1,322,000 after purchasing an additional 952 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Realty Income by 0.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 130,702 shares of the real estate investment trust’s stock worth $7,030,000 after purchasing an additional 1,177 shares in the last quarter. RB Capital Management LLC raised its holdings in Realty Income by 8.8% during the second quarter. RB Capital Management LLC now owns 14,601 shares of the real estate investment trust’s stock worth $785,000 after purchasing an additional 1,183 shares in the last quarter. RFG Advisory Group LLC raised its holdings in Realty Income by 13.6% during the second quarter. RFG Advisory Group LLC now owns 10,606 shares of the real estate investment trust’s stock worth $570,000 after purchasing an additional 1,270 shares in the last quarter. Finally, Albert D Mason Inc. raised its holdings in Realty Income by 5.6% during the second quarter. Albert D Mason Inc. now owns 24,137 shares of the real estate investment trust’s stock worth $1,298,000 after purchasing an additional 1,285 shares in the last quarter. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

In related news, CFO Paul M. Meurer sold 13,285 shares of Realty Income stock in a transaction on Monday, August 6th. The shares were sold at an average price of $57.62, for a total value of $765,481.70. Following the transaction, the chief financial officer now directly owns 37,160 shares in the company, valued at approximately $2,141,159.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Sumit Roy sold 18,682 shares of Realty Income stock in a transaction on Monday, August 6th. The shares were sold at an average price of $57.49, for a total transaction of $1,074,028.18. Following the completion of the transaction, the chief operating officer now owns 70,041 shares in the company, valued at $4,026,657.09. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 89,067 shares of company stock worth $5,142,150. Insiders own 0.20% of the company’s stock.

Shares of O opened at $60.26 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market cap of $17.81 billion, a PE ratio of 19.69, a price-to-earnings-growth ratio of 4.58 and a beta of 0.11. Realty Income Corp has a 12-month low of $47.25 and a 12-month high of $61.99.

Realty Income (NYSE:O) last announced its earnings results on Wednesday, October 31st. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01. The business had revenue of $338.08 million for the quarter, compared to analyst estimates of $319.60 million. Realty Income had a net margin of 25.96% and a return on equity of 5.05%. The company’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period last year, the firm posted $0.77 earnings per share. Analysts anticipate that Realty Income Corp will post 3.18 earnings per share for the current year.

The firm also recently announced a nov 18 dividend, which will be paid on Thursday, November 15th. Stockholders of record on Thursday, November 1st will be given a dividend of $0.2205 per share. The ex-dividend date of this dividend is Wednesday, October 31st. This represents a dividend yield of 4.56%. Realty Income’s dividend payout ratio (DPR) is presently 86.60%.

O has been the topic of a number of research analyst reports. Morgan Stanley cut shares of Realty Income from an “overweight” rating to an “equal” rating and set a $31.00 price objective on the stock. in a report on Monday, October 1st. Zacks Investment Research raised shares of Realty Income from a “hold” rating to a “buy” rating and set a $63.00 price objective on the stock in a report on Friday, October 5th. Mitsubishi UFJ Financial Group raised shares of Realty Income from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $54.00 to $62.00 in a report on Tuesday, July 10th. Janney Montgomery Scott lowered shares of Realty Income from a “buy” rating to a “neutral” rating and set a $44.00 target price on the stock. in a research report on Wednesday, August 29th. They noted that the move was a valuation call. Finally, Wells Fargo & Co set a $65.00 target price on shares of Realty Income and gave the stock a “buy” rating in a research report on Tuesday, September 4th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $56.51.

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 5,400 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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