Nepsis Capital Management Inc. Has $1.40 Million Stake in Realty Income Corp (O)

Nepsis Capital Management Inc. reduced its holdings in shares of Realty Income Corp (NYSE:O) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,549 shares of the real estate investment trust’s stock after selling 1,681 shares during the quarter. Nepsis Capital Management Inc.’s holdings in Realty Income were worth $1,400,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in O. Schroder Investment Management Group acquired a new position in shares of Realty Income during the 2nd quarter worth about $742,000. CIBC World Markets Inc. boosted its position in shares of Realty Income by 113.0% during the 2nd quarter. CIBC World Markets Inc. now owns 7,514 shares of the real estate investment trust’s stock worth $415,000 after acquiring an additional 3,987 shares in the last quarter. Eaton Vance Management boosted its position in shares of Realty Income by 0.9% in the 2nd quarter. Eaton Vance Management now owns 5,052 shares of the real estate investment trust’s stock valued at $279,000 after purchasing an additional 47 shares during the period. Franklin Resources Inc. boosted its position in shares of Realty Income by 0.3% in the 2nd quarter. Franklin Resources Inc. now owns 394,151 shares of the real estate investment trust’s stock valued at $21,749,000 after purchasing an additional 1,134 shares during the period. Finally, Systematic Financial Management LP boosted its position in shares of Realty Income by 140.5% in the 2nd quarter. Systematic Financial Management LP now owns 4,450 shares of the real estate investment trust’s stock valued at $246,000 after purchasing an additional 2,600 shares during the period. 69.94% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on O. B. Riley set a $56.00 target price on Realty Income and gave the company a “hold” rating in a research report on Tuesday, January 2nd. Raymond James Financial raised Realty Income from an “underperform” rating to a “market perform” rating in a research report on Wednesday, December 20th. Citigroup raised Realty Income to a “market perform” rating in a research report on Wednesday, December 20th. They noted that the move was a valuation call. Vetr raised Realty Income from a “hold” rating to a “buy” rating and set a $58.60 target price for the company in a research report on Thursday, October 19th. Finally, Zacks Investment Research cut Realty Income from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $64.09.

In other news, SVP Joel Tomlinson sold 1,746 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $56.45, for a total transaction of $98,561.70. Following the completion of the transaction, the senior vice president now directly owns 14,913 shares of the company’s stock, valued at approximately $841,838.85. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Paul M. Meurer sold 5,603 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $54.75, for a total value of $306,764.25. The disclosure for this sale can be found here. 0.30% of the stock is owned by corporate insiders.

Realty Income Corp (NYSE O) traded up $0.22 on Wednesday, reaching $52.94. The company’s stock had a trading volume of 2,002,300 shares, compared to its average volume of 1,945,500. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.78. The stock has a market cap of $15,000.00, a P/E ratio of 43.39, a PEG ratio of 4.00 and a beta of 0.29. Realty Income Corp has a 12-month low of $52.63 and a 12-month high of $63.60.

Realty Income (NYSE:O) last posted its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.01. The firm had revenue of $306.90 million during the quarter, compared to the consensus estimate of $292.73 million. Realty Income had a return on equity of 5.11% and a net margin of 29.37%. The firm’s revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.72 EPS. analysts predict that Realty Income Corp will post 2.89 earnings per share for the current fiscal year.

The business also recently disclosed a feb 18 dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be paid a dividend of $0.219 per share. This represents a yield of 0.00413675859463544%. The ex-dividend date of this dividend is Wednesday, January 31st. Realty Income’s dividend payout ratio is presently 209.02%.

ILLEGAL ACTIVITY NOTICE: “Nepsis Capital Management Inc. Has $1.40 Million Stake in Realty Income Corp (O)” was originally reported by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3143066/nepsis-capital-management-inc-has-1-40-million-stake-in-realty-income-corp-o.html.

About Realty Income

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 (NYSE:O)

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

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.