Realty Income Corp (O) Shares Sold by Zevin Asset Management LLC

Zevin Asset Management LLC decreased its stake in shares of Realty Income Corp (NYSE:O) by 18.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,300 shares of the real estate investment trust’s stock after selling 1,000 shares during the period. Zevin Asset Management LLC’s holdings in Realty Income were worth $271,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Patriot Financial Group Insurance Agency LLC raised its stake in Realty Income by 43.7% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 493 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 150 shares during the period. CENTRAL TRUST Co raised its stake in Realty Income by 35.6% during the fourth quarter. CENTRAL TRUST Co now owns 827 shares of the real estate investment trust’s stock worth $52,000 after acquiring an additional 217 shares during the period. First Hawaiian Bank raised its stake in Realty Income by 24.2% during the fourth quarter. First Hawaiian Bank now owns 1,141 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 222 shares during the period. Ledyard National Bank increased its stake in shares of Realty Income by 22.4% in the fourth quarter. Ledyard National Bank now owns 1,259 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 230 shares during the period. Finally, Moody National Bank Trust Division increased its stake in shares of Realty Income by 10.5% in the fourth quarter. Moody National Bank Trust Division now owns 2,648 shares of the real estate investment trust’s stock valued at $167,000 after purchasing an additional 251 shares during the period. 71.31% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Realty Income from a “buy” rating to a “hold” rating in a research note on Wednesday, October 24th. Royal Bank of Canada raised their price target on shares of Realty Income from $57.00 to $60.00 and gave the company a “sector perform” rating in a research note on Tuesday, November 6th. Citigroup set a $56.00 price target on shares of Realty Income and gave the company a “sell” rating in a research note on Friday, November 30th. Bank of America upgraded shares of Realty Income from a “neutral” rating to a “buy” rating and set a $72.00 price target on the stock in a research note on Thursday, November 15th. Finally, ValuEngine upgraded shares of Realty Income from a “hold” rating to a “buy” rating in a research note on Tuesday, October 23rd. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $59.00.

Shares of Realty Income stock traded down $0.77 on Tuesday, hitting $69.64. The company had a trading volume of 16,680 shares, compared to its average volume of 2,163,886. 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 stock has a market capitalization of $20.75 billion, a PE ratio of 22.81, a price-to-earnings-growth ratio of 4.57 and a beta of 0.23. Realty Income Corp has a 52 week low of $47.25 and a 52 week high of $70.48.

The business also recently disclosed a feb 19 dividend, which will be paid on Friday, February 15th. Stockholders of record on Friday, February 1st will be issued a $0.2255 dividend. The ex-dividend date of this dividend is Thursday, January 31st. This is a boost from Realty Income’s previous feb 19 dividend of $0.22. This represents a dividend yield of 4.18%. Realty Income’s dividend payout ratio (DPR) is 88.56%.

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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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