Vident Investment Advisory LLC Has $5.67 Million Stake in Realty Income Co. (NYSE:O)

Vident Investment Advisory LLC boosted its position in Realty Income Co. (NYSE:OGet Rating) by 18.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 81,807 shares of the real estate investment trust’s stock after purchasing an additional 12,822 shares during the quarter. Vident Investment Advisory LLC’s holdings in Realty Income were worth $5,668,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in O. abrdn plc raised its holdings in Realty Income by 23.1% in the 4th quarter. abrdn plc now owns 862,142 shares of the real estate investment trust’s stock valued at $61,720,000 after acquiring an additional 161,751 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Realty Income by 16.6% in the 4th quarter. HighTower Advisors LLC now owns 86,922 shares of the real estate investment trust’s stock valued at $6,221,000 after buying an additional 12,364 shares in the last quarter. Paradigm Financial Partners LLC bought a new stake in shares of Realty Income during the 4th quarter worth approximately $256,000. TD Asset Management Inc. boosted its position in shares of Realty Income by 90.3% during the 4th quarter. TD Asset Management Inc. now owns 257,421 shares of the real estate investment trust’s stock worth $18,428,000 after acquiring an additional 122,127 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its stake in Realty Income by 11.4% in the fourth quarter. Panagora Asset Management Inc. now owns 19,072 shares of the real estate investment trust’s stock valued at $1,365,000 after acquiring an additional 1,946 shares during the last quarter. Institutional investors own 81.57% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on O. Credit Suisse Group assumed coverage on Realty Income in a research note on Wednesday, June 22nd. They set an “outperform” rating and a $75.00 target price for the company. Morgan Stanley reduced their price objective on Realty Income from $77.00 to $76.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 12th. Raymond James lowered their target price on Realty Income from $82.00 to $78.00 and set an “outperform” rating for the company in a research note on Tuesday, September 6th. Jefferies Financial Group reduced their price target on shares of Realty Income from $81.00 to $78.00 in a research note on Thursday, June 30th. Finally, StockNews.com cut shares of Realty Income from a “hold” rating to a “sell” rating in a research report on Thursday, September 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Realty Income presently has an average rating of “Hold” and a consensus price target of $76.57.

Realty Income Stock Up 0.6 %

NYSE:O opened at $66.79 on Monday. Realty Income Co. has a one year low of $62.28 and a one year high of $75.40. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market cap of $40.18 billion, a PE ratio of 63.01, a P/E/G ratio of 4.33 and a beta of 0.73. The firm’s 50 day simple moving average is $70.86 and its 200 day simple moving average is $69.11.

Realty Income Dividend Announcement

The firm also recently disclosed a sep 22 dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be paid a $0.2475 dividend. The ex-dividend date is Wednesday, August 31st. Realty Income’s dividend payout ratio is 280.19%.

Realty Income Company Profile

(Get Rating)

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 6,500 real estate properties owned under long-term lease agreements with our commercial clients.

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

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