Shares of Realty Income Corp. (NYSE:O) were down 1.8% during trading on Thursday . The stock traded as low as $67.89 and last traded at $67.94, with a volume of 529,077 shares changing hands. The stock had previously closed at $69.21.

Several analysts recently commented on O shares. Zacks Investment Research downgraded shares of Realty Income Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, May 5th. Vetr downgraded shares of Realty Income Corp. from a “hold” rating to a “sell” rating and set a $59.00 price target for the company. in a research report on Wednesday, June 1st. Citigroup Inc. upped their price target on shares of Realty Income Corp. from $50.00 to $60.00 and gave the company a “sell” rating in a research report on Thursday, July 7th. Stifel Nicolaus upped their price objective on shares of Realty Income Corp. from $66.00 to $73.00 and gave the stock a “buy” rating in a research report on Thursday, July 28th. Finally, Oppenheimer Holdings Inc. upped their price objective on shares of Realty Income Corp. from $66.00 to $78.00 and gave the stock an “outperform” rating in a research report on Thursday, July 28th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $65.14.

The company’s 50 day moving average price is $69.52 and its 200 day moving average price is $62.93. The firm has a market cap of $17.63 billion and a PE ratio of 62.55.

Realty Income Corp. (NYSE:O) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by $0.02. During the same period in the previous year, the company posted $0.69 earnings per share. The business had revenue of $260.06 million for the quarter, compared to analysts’ expectations of $274.34 million. Realty Income Corp.’s revenue for the quarter was up 7.7% compared to the same quarter last year. Equities analysts anticipate that Realty Income Corp. will post $2.86 earnings per share for the current year.

The firm also recently disclosed a sep 16 dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st will be issued a $0.2015 dividend. This is a positive change from Realty Income Corp.’s previous sep 16 dividend of $0.20. This represents a yield of 3.42%. The ex-dividend date is Tuesday, August 30th.

In other Realty Income Corp. news, Director Kathleen Allen sold 4,000 shares of the firm’s stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $70.49, for a total value of $281,960.00. Following the sale, the director now directly owns 74,000 shares in the company, valued at $5,216,260. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Cary Wenthur sold 9,000 shares of the firm’s stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $60.54, for a total value of $544,860.00. Following the completion of the sale, the senior vice president now owns 21,118 shares in the company, valued at $1,278,483.72. The disclosure for this sale can be found here.

Other large investors recently bought and sold shares of the company. American International Group Inc. boosted its stake in Realty Income Corp. by 7.2% in the fourth quarter. American International Group Inc. now owns 297,250 shares of the company’s stock worth $15,346,000 after buying an additional 19,946 shares during the last quarter. BlackRock Advisors LLC boosted its stake in Realty Income Corp. by 51.0% in the fourth quarter. BlackRock Advisors LLC now owns 275,873 shares of the company’s stock worth $14,243,000 after buying an additional 93,127 shares during the last quarter. Utah Retirement Systems boosted its stake in Realty Income Corp. by 6.7% in the fourth quarter. Utah Retirement Systems now owns 50,618 shares of the company’s stock worth $2,614,000 after buying an additional 3,200 shares during the last quarter. KBC Group NV boosted its stake in Realty Income Corp. by 15.0% in the fourth quarter. KBC Group NV now owns 68,365 shares of the company’s stock worth $3,530,000 after buying an additional 8,921 shares during the last quarter. Finally, State of Tennessee Treasury Department boosted its stake in Realty Income Corp. by 1.6% in the fourth quarter. State of Tennessee Treasury Department now owns 34,853 shares of the company’s stock worth $1,799,000 after buying an additional 553 shares during the last quarter.

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. Its portfolio includes approximately 4,540 properties, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties.

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