Daiwa Securities Group Inc. raised its position in Realty Income Corp (NYSE:O) by 2,792.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,565,303 shares of the real estate investment trust’s stock after acquiring an additional 1,511,184 shares during the period. Daiwa Securities Group Inc. owned approximately 0.53% of Realty Income worth $98,677,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC increased its holdings in Realty Income by 43.7% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 493 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 150 shares in the last quarter. CENTRAL TRUST Co increased its holdings in Realty Income by 35.6% during the 4th quarter. CENTRAL TRUST Co now owns 827 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 217 shares in the last quarter. First Hawaiian Bank increased its holdings in Realty Income by 24.2% during the 4th quarter. First Hawaiian Bank now owns 1,141 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 222 shares in the last quarter. Ledyard National Bank increased its holdings in Realty Income by 22.4% during the 4th quarter. Ledyard National Bank now owns 1,259 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 230 shares in the last quarter. Finally, Moody National Bank Trust Division increased its holdings in Realty Income by 10.5% during the 4th quarter. Moody National Bank Trust Division now owns 2,648 shares of the real estate investment trust’s stock valued at $167,000 after acquiring an additional 251 shares in the last quarter. Institutional investors own 71.31% of the company’s stock.

Shares of NYSE:O opened at $70.08 on Monday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market capitalization of $20.68 billion, a P/E ratio of 22.90, a P/E/G ratio of 4.57 and a beta of 0.23. Realty Income Corp has a 12-month low of $47.25 and a 12-month high of $70.31.

The firm also recently announced a feb 19 dividend, which will be paid on Friday, February 15th. Shareholders of record on Friday, February 1st will be paid a dividend of $0.2255 per share. This is a positive change from Realty Income’s previous feb 19 dividend of $0.22. The ex-dividend date of this dividend is Thursday, January 31st. This represents a yield of 4.18%. Realty Income’s payout ratio is presently 88.56%.

A number of brokerages have recently commented on O. Citigroup upgraded shares of Realty Income from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $56.00 to $67.00 in a report on Wednesday, December 12th. ValuEngine upgraded shares of Realty Income from a “hold” rating to a “buy” rating in a report on Tuesday, October 23rd. Bank of America upgraded shares of Realty Income from a “neutral” rating to a “buy” rating and set a $72.00 price target for the company in a report on Thursday, November 15th. Royal Bank of Canada lifted their price target on shares of Realty Income from $57.00 to $60.00 and gave the stock a “sector perform” rating in a report on Tuesday, November 6th. Finally, Zacks Investment Research upgraded shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a report on Thursday, January 3rd. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $59.00.

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About Realty Income

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 5,600 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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