Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new position in shares of Realty Income Corp (NYSE:O) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 13,126 shares of the real estate investment trust’s stock, valued at approximately $754,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. raised its stake in Realty Income by 10.9% during 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 acquiring an additional 437,803 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Realty Income by 8.0% during the third quarter. Bank of New York Mellon Corp now owns 4,345,915 shares of the real estate investment trust’s stock worth $248,543,000 after acquiring an additional 322,239 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Realty Income by 2.2% in the third quarter. Dimensional Fund Advisors LP now owns 3,774,476 shares of the real estate investment trust’s stock valued at $215,866,000 after buying an additional 81,691 shares during the period. APG Asset Management US Inc. increased its stake in shares of 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 valued at $164,332,000 after buying an additional 770,700 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Realty Income by 7.0% in the third quarter. Wells Fargo & Company MN now owns 2,626,834 shares of the real estate investment trust’s stock valued at $150,228,000 after buying an additional 172,658 shares during the period. 70.23% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently issued reports on the company. B. Riley reaffirmed a “neutral” rating on shares of Realty Income in a research note on Wednesday, November 1st. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income in a research note on Thursday, October 26th. Vetr raised Realty Income from a “hold” rating to a “buy” rating and set a $58.60 price objective for the company in a research note on Monday, November 20th. Capital One Financial reaffirmed an “equal weight” rating on shares of Realty Income in a research note on Wednesday, October 25th. Finally, Zacks Investment Research downgraded Realty Income from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. Realty Income currently has an average rating of “Hold” and a consensus price target of $64.09.

Realty Income Corp (NYSE:O) opened at $51.59 on Friday. Realty Income Corp has a 52 week low of $51.41 and a 52 week high of $63.60. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $14,988.17 and a P/E ratio of 17.38.

The company also recently announced a feb 18 dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be given a dividend of $0.219 per share. This represents a yield of 0.00413675859463544%. The ex-dividend date of this dividend is Wednesday, January 31st. This is an increase from Realty Income’s previous feb 18 dividend of $0.21. Realty Income’s dividend payout ratio is currently 209.02%.

In other Realty Income news, SVP Joel Tomlinson sold 1,746 shares of the stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $56.45, for a total transaction of $98,561.70. Following the completion of the sale, the senior vice president now owns 14,913 shares of the company’s stock, valued at approximately $841,838.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.30% of the company’s stock.

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About Realty Income

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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