Realty Income Corp (O) Shares Bought by M&T Bank Corp

Share on StockTwits

M&T Bank Corp grew its position in Realty Income Corp (NYSE:O) by 13.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,022 shares of the real estate investment trust’s stock after acquiring an additional 4,649 shares during the period. M&T Bank Corp’s holdings in Realty Income were worth $2,460,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of O. Essex Savings Bank bought a new position in Realty Income in the 4th quarter worth approximately $34,000. CENTRAL TRUST Co raised its position in shares of Realty Income by 35.6% during the 4th quarter. CENTRAL TRUST Co now owns 827 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 217 shares during the last quarter. Community Bank N.A. raised its position in shares of Realty Income by 168.5% during the 4th quarter. Community Bank N.A. now owns 956 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 600 shares during the last quarter. First Hawaiian Bank raised its position in shares of Realty Income by 24.2% during the 4th quarter. First Hawaiian Bank now owns 1,141 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 222 shares during the last quarter. Finally, Ledyard National Bank raised its position in shares of Realty Income by 22.4% during the 4th quarter. Ledyard National Bank now owns 1,259 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 230 shares during the last quarter. Institutional investors own 71.31% of the company’s stock.

Several analysts have commented on the stock. Citigroup upgraded shares of Realty Income from a “sell” rating to a “neutral” rating and upped their target price for the company from $56.00 to $67.00 in a research report on Wednesday, December 12th. Bank of America upgraded shares of Realty Income from a “neutral” rating to a “buy” rating and set a $72.00 target price for the company in a research report on Thursday, November 15th. Zacks Investment Research upgraded shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a research report on Thursday, January 3rd. Royal Bank of Canada upped their target price on shares of Realty Income from $57.00 to $60.00 and gave the company a “sector perform” rating in a research report on Tuesday, November 6th. Finally, ValuEngine upgraded shares of Realty Income from a “hold” rating to a “buy” rating in a research report on Tuesday, October 23rd. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Realty Income has an average rating of “Hold” and an average price target of $59.00.

Shares of O stock opened at $70.41 on Tuesday. Realty Income Corp has a 12-month low of $47.25 and a 12-month high of $70.48. The firm has a market capitalization of $20.68 billion, a PE ratio of 23.01, a PEG ratio of 4.57 and a beta of 0.23. 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 company also recently declared 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. This is a positive change from Realty Income’s previous feb 19 dividend of $0.22. The ex-dividend date is Thursday, January 31st. This represents a dividend yield of 4.18%. Realty Income’s payout ratio is 88.56%.

ILLEGAL ACTIVITY WARNING: This story was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another publication, it was copied illegally and reposted in violation of United States and international copyright and trademark legislation. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/4146325/realty-income-corp-o-shares-bought-by-mt-bank-corp.html.

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.

Further Reading: How a Put Option Works

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

Reviewing Hewlett Packard Enterprise  and Intrusion
Reviewing Hewlett Packard Enterprise and Intrusion
Brokerages Expect Avenue Therapeutics Inc  to Post -$0.47 EPS
Brokerages Expect Avenue Therapeutics Inc to Post -$0.47 EPS
Head to Head Review: Risk  Industries  vs. AAC TECHNOLOGIE/ADR
Head to Head Review: Risk Industries vs. AAC TECHNOLOGIE/ADR
GlobalCoin  Market Capitalization Reaches $198,439.00
GlobalCoin Market Capitalization Reaches $198,439.00
Rush Enterprises  Downgraded by Zacks Investment Research
Rush Enterprises Downgraded by Zacks Investment Research
Sinclair Broadcast Group  Lifted to Strong-Buy at BidaskClub
Sinclair Broadcast Group Lifted to Strong-Buy at BidaskClub


Leave a Reply

© 2006-2019 Ticker Report