Signition LP purchased a new stake in Realty Income Corp (NYSE:O) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 9,865 shares of the real estate investment trust’s stock, valued at approximately $563,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in O. San Francisco Sentry Investment Group CA lifted its stake in shares of Realty Income by 500.0% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,800 shares of the real estate investment trust’s stock valued at $103,000 after acquiring an additional 1,500 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in shares of Realty Income in the 3rd quarter valued at $130,000. JFS Wealth Advisors LLC lifted its stake in shares of Realty Income by 77.5% in the 4th quarter. JFS Wealth Advisors LLC now owns 2,284 shares of the real estate investment trust’s stock valued at $130,000 after acquiring an additional 997 shares during the last quarter. FNY Managed Accounts LLC bought a new position in shares of Realty Income in the 3rd quarter valued at $137,000. Finally, MEMBERS Trust Co bought a new position in shares of Realty Income in the 3rd quarter valued at $200,000. Institutional investors own 70.21% of the company’s stock.

A number of research analysts have recently commented on the company. B. Riley set a $56.00 price target on Realty Income and gave the company a “hold” rating in a research note on Tuesday, January 2nd. Raymond James Financial upgraded Realty Income from an “underperform” rating to a “market perform” rating in a research note on Wednesday, December 20th. Citigroup upgraded Realty Income to a “market perform” rating in a research note on Wednesday, December 20th. They noted that the move was a valuation call. Vetr raised Realty Income from a “hold” rating to a “buy” rating and set a $58.60 target price for the company in a research report on Thursday, October 19th. Finally, Zacks Investment Research lowered Realty Income from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. Realty Income has an average rating of “Hold” and a consensus price target of $64.09.

Realty Income Corp (NYSE O) opened at $48.00 on Wednesday. The stock has a market capitalization of $13,717.31, a price-to-earnings ratio of 39.45, a P/E/G ratio of 3.53 and a beta of 0.14. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.78. Realty Income Corp has a 12-month low of $47.25 and a 12-month high of $63.60.

The business also recently announced a feb 18 dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be given a dividend of $0.219 per share. This is a positive change from Realty Income’s previous feb 18 dividend of $0.21. This represents a yield of 0.00413675859463544%. The ex-dividend date of this dividend is Wednesday, January 31st. Realty Income’s dividend payout ratio (DPR) is currently 215.57%.

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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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