Realty Income Corporation (O) Shares Bought by Cleararc Capital Inc.

Cleararc Capital Inc. boosted its position in shares of Realty Income Corporation (NYSE:O) by 5.6% during the first quarter, Holdings Channel reports. The firm owned 6,644 shares of the real estate investment trust’s stock after buying an additional 354 shares during the period. Cleararc Capital Inc.’s holdings in Realty Income Corporation were worth $396,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Tyers Asset Management LLC bought a new position in shares of Realty Income Corporation during the fourth quarter valued at about $1,080,000. Parallel Advisors LLC bought a new position in shares of Realty Income Corporation during the fourth quarter valued at about $173,000. Texas Yale Capital Corp. boosted its position in shares of Realty Income Corporation by 1.2% in the fourth quarter. Texas Yale Capital Corp. now owns 23,774 shares of the real estate investment trust’s stock valued at $1,367,000 after buying an additional 287 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Realty Income Corporation during the fourth quarter valued at about $67,750,000. Finally, Shelton Capital Management boosted its position in shares of Realty Income Corporation by 70.5% in the fourth quarter. Shelton Capital Management now owns 28,788 shares of the real estate investment trust’s stock valued at $1,655,000 after buying an additional 11,900 shares during the last quarter. 69.21% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Realty Income Corporation (NYSE O) traded down 0.21% during mid-day trading on Tuesday, hitting $56.10. The company’s stock had a trading volume of 998,081 shares. The stock’s 50 day moving average price is $55.54 and its 200 day moving average price is $58.22. The company has a market cap of $15.32 billion, a price-to-earnings ratio of 48.87 and a beta of 0.36. Realty Income Corporation has a 52-week low of $52.72 and a 52-week high of $72.29.

Realty Income Corporation (NYSE:O) last released its quarterly earnings results on Tuesday, April 25th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.01. The firm had revenue of $298.03 million for the quarter, compared to the consensus estimate of $281.11 million. Realty Income Corporation had a return on equity of 5.16% and a net margin of 29.47%. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period last year, the business posted $0.70 EPS. Equities analysts forecast that Realty Income Corporation will post $1.23 EPS for the current year.

The company also recently declared a monthly dividend, which will be paid on Friday, July 14th. Stockholders of record on Monday, July 3rd will be paid a $0.2115 dividend. This is an increase from Realty Income Corporation’s previous monthly dividend of $0.21. This represents a $2.54 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date of this dividend is Thursday, June 29th. Realty Income Corporation’s dividend payout ratio (DPR) is 221.93%.

WARNING: This story was first published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The original version of this story can be accessed at https://www.tickerreport.com/banking-finance/2655779/realty-income-corporation-o-shares-bought-by-cleararc-capital-inc.html.

Separately, BidaskClub raised Realty Income Corporation from a “sell” rating to a “hold” rating in a research report on Saturday. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. Realty Income Corporation presently has a consensus rating of “Hold” and a consensus target price of $64.15.

In other news, SVP Robert Israel sold 2,280 shares of the firm’s stock in a transaction on Thursday, March 30th. The stock was sold at an average price of $58.97, for a total value of $134,451.60. Following the transaction, the senior vice president now directly owns 11,934 shares in the company, valued at approximately $703,747.98. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Priya Cherian Huskins sold 8,000 shares of the firm’s stock in a transaction on Monday, June 19th. The stock was sold at an average price of $56.23, for a total value of $449,840.00. Following the completion of the transaction, the director now owns 20,513 shares in the company, valued at $1,153,445.99. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,030 shares of company stock worth $806,348. Company 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “O”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding O? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Corporation (NYSE:O).

Receive News & Ratings for Realty Income Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Blue Apron Filed Thursday for Public Offering
Blue Apron Filed Thursday for Public Offering
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Large Auto Lender Checked Just 8% of Incomes for Applicants
Large Auto Lender Checked Just 8% of Incomes for Applicants


Leave a Reply

© 2006-2017 Ticker Report. Google+.