Bogart Wealth LLC raised its position in shares of Realty Income Corporation (NYSE:O) by 23.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,688 shares of the real estate investment trust’s stock after acquiring an additional 1,439 shares during the quarter. Bogart Wealth LLC’s holdings in Realty Income Corporation were worth $424,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of Realty Income Corporation by 12.2% during the 1st quarter. Bank of America Corp DE now owns 2,197,976 shares of the real estate investment trust’s stock worth $130,845,000 after purchasing an additional 239,764 shares in the last quarter. Lockheed Martin Investment Management Co. boosted its position in shares of Realty Income Corporation by 167.5% during the 2nd quarter. Lockheed Martin Investment Management Co. now owns 52,700 shares of the real estate investment trust’s stock worth $2,908,000 after purchasing an additional 33,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Realty Income Corporation by 23.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 160,139 shares of the real estate investment trust’s stock worth $8,837,000 after purchasing an additional 30,444 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Realty Income Corporation by 3.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,270,081 shares of the real estate investment trust’s stock worth $124,609,000 after purchasing an additional 76,311 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Realty Income Corporation by 92.8% during the 2nd quarter. Principal Financial Group Inc. now owns 790,148 shares of the real estate investment trust’s stock worth $43,600,000 after purchasing an additional 380,379 shares in the last quarter. 68.95% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Corporation (O) traded up 0.11% during midday trading on Tuesday, hitting $56.96. 384,853 shares of the company were exchanged. The stock has a 50 day moving average of $57.84 and a 200 day moving average of $57.21. The firm has a market capitalization of $15.61 billion, a PE ratio of 48.73 and a beta of 0.32. Realty Income Corporation has a 1-year low of $52.72 and a 1-year high of $63.60.

Realty Income Corporation (NYSE:O) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. The firm had revenue of $300.20 million for the quarter, compared to the consensus estimate of $289.86 million. Realty Income Corporation had a net margin of 29.19% and a return on equity of 5.14%. The business’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.70 earnings per share. On average, equities analysts predict that Realty Income Corporation will post $1.19 earnings per share for the current fiscal year.

The company also recently announced a nov 17 dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be paid a $0.212 dividend. The ex-dividend date is Tuesday, October 31st. This represents a dividend yield of 4.49%. Realty Income Corporation’s dividend payout ratio is presently 217.09%.

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A number of equities analysts have recently issued reports on O shares. Morgan Stanley increased their price objective on shares of Realty Income Corporation from $91.00 to $95.00 and gave the stock an “overweight” rating in a research report on Monday, July 17th. UBS AG raised shares of Realty Income Corporation from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $52.00 to $57.00 in a research report on Friday, September 8th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Realty Income Corporation in a research report on Thursday, July 27th. Stifel Nicolaus reissued a “buy” rating and set a $65.00 price objective on shares of Realty Income Corporation in a research report on Friday, July 14th. Finally, BidaskClub raised shares of Realty Income Corporation from a “sell” rating to a “hold” rating in a research report on Sunday, July 16th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. Realty Income Corporation currently has an average rating of “Hold” and a consensus price target of $64.67.

In other news, Director Gregory Mclaughlin sold 3,200 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $58.85, for a total value of $188,320.00. Following the transaction, the director now owns 15,986 shares in the company, valued at $940,776.10. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.30% of the company’s stock.

About Realty Income Corporation

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.

Institutional Ownership by Quarter for Realty Income Corporation (NYSE:O)

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