Realty Income Corp (O) Position Trimmed by Opus Capital Group LLC

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Opus Capital Group LLC trimmed its holdings in shares of Realty Income Corp (NYSE:O) by 7.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,180 shares of the real estate investment trust’s stock after selling 418 shares during the period. Opus Capital Group LLC’s holdings in Realty Income were worth $327,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in O. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Realty Income by 43.7% in 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 buying an additional 150 shares during the period. Checchi Capital Advisers LLC increased its stake in shares of Realty Income by 4.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 4,147 shares of the real estate investment trust’s stock valued at $261,000 after buying an additional 183 shares during the period. CENTRAL TRUST Co increased its stake in shares of Realty Income by 35.6% in the 4th quarter. CENTRAL TRUST Co now owns 827 shares of the real estate investment trust’s stock valued at $52,000 after buying an additional 217 shares during the period. First Hawaiian Bank increased its stake in shares of Realty Income by 24.2% in the 4th quarter. First Hawaiian Bank now owns 1,141 shares of the real estate investment trust’s stock valued at $72,000 after buying an additional 222 shares during the period. Finally, Ledyard National Bank increased its stake in shares of Realty Income by 22.4% in the 4th quarter. Ledyard National Bank now owns 1,259 shares of the real estate investment trust’s stock valued at $79,000 after buying an additional 230 shares during the period. 71.40% of the stock is owned by hedge funds and other institutional investors.

Shares of Realty Income stock opened at $69.92 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.88. Realty Income Corp has a 12 month low of $48.26 and a 12 month high of $70.48. The firm has a market cap of $20.68 billion, a P/E ratio of 22.85, a P/E/G ratio of 4.57 and a beta of 0.23.

The business also recently disclosed a mar 19 dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be paid a dividend of $0.2255 per share. The ex-dividend date of this dividend is Thursday, February 28th. This represents a dividend yield of 3.86%. Realty Income’s dividend payout ratio (DPR) is presently 88.56%.

A number of brokerages recently commented on O. Zacks Investment Research cut Realty Income from a “buy” rating to a “hold” rating in a research note on Wednesday, October 24th. Citigroup raised Realty Income from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $56.00 to $67.00 in a research note on Wednesday, December 12th. Royal Bank of Canada lifted their price objective on Realty Income from $57.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Tuesday, November 6th. Bank of America raised Realty Income from a “neutral” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Thursday, November 15th. Finally, ValuEngine raised Realty Income from a “hold” rating to a “buy” rating in a research note on Tuesday, October 23rd. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. 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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