Wells Fargo & Company MN Raises Holdings in Realty Income Corp (O)

Wells Fargo & Company MN boosted its position in Realty Income Corp (NYSE:O) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,711,652 shares of the real estate investment trust’s stock after buying an additional 84,818 shares during the quarter. Wells Fargo & Company MN’s holdings in Realty Income were worth $154,618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of O. APG Asset Management US Inc. boosted its stake in Realty Income by 36.5% in the fourth 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 buying an additional 770,700 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Realty Income by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 4,436,861 shares of the real estate investment trust’s stock worth $256,540,000 after buying an additional 437,803 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Realty Income by 8.0% in the third quarter. Bank of New York Mellon Corp now owns 4,345,915 shares of the real estate investment trust’s stock valued at $248,543,000 after purchasing an additional 322,239 shares during the last quarter. Advantus Capital Management Inc lifted its position in Realty Income by 743.1% in the third quarter. Advantus Capital Management Inc now owns 231,321 shares of the real estate investment trust’s stock valued at $13,229,000 after purchasing an additional 203,885 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in Realty Income by 6.9% in the third quarter. Legal & General Group Plc now owns 2,054,930 shares of the real estate investment trust’s stock valued at $117,522,000 after purchasing an additional 132,908 shares during the last quarter. 70.77% of the stock is owned by institutional investors and hedge funds.

Realty Income Corp (NYSE O) opened at $49.96 on Monday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $14,078.00, a P/E ratio of 16.33, a P/E/G ratio of 3.62 and a beta of 0.14. Realty Income Corp has a twelve month low of $47.25 and a twelve month high of $63.60.

The firm also recently announced a mar 18 dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a dividend of $0.219 per share. The ex-dividend date is Wednesday, February 28th. Realty Income’s dividend payout ratio is presently 215.57%.

Several brokerages have weighed in on O. B. Riley reiterated a “neutral” rating on shares of Realty Income in a research report on Wednesday, November 1st. FBR & Co set a $56.00 price objective on Realty Income and gave the company a “hold” rating in a research report on Thursday, October 26th. Ladenburg Thalmann Financial Services reiterated a “hold” rating on shares of Realty Income in a research report on Thursday, October 26th. Capital One Financial reiterated an “equal weight” rating on shares of Realty Income in a research report on Wednesday, October 25th. Finally, Vetr downgraded Realty Income from a “buy” rating to a “hold” rating and set a $58.60 price objective for the company. in a research report on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $64.09.

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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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