Joel Tomlinson Sells 1,746 Shares of Realty Income Corporation (O) Stock

Realty Income Corporation (NYSE:O) SVP Joel Tomlinson sold 1,746 shares of the business’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $56.45, for a total value 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Realty Income Corporation (NYSE O) traded up $0.37 during midday trading on Thursday, reaching $56.84. The company’s stock had a trading volume of 476,739 shares, compared to its average volume of 1,764,268. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.26 and a current ratio of 1.26. The firm has a market capitalization of $16,033.59, a P/E ratio of 18.59, a price-to-earnings-growth ratio of 4.64 and a beta of 0.28. Realty Income Corporation has a 12-month low of $52.85 and a 12-month high of $63.60.

Realty Income Corporation (NYSE:O) last issued its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.32 EPS for the quarter, topping 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 Corporation had a return on equity of 5.11% and a net margin of 29.37%. The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.72 earnings per share. equities research analysts forecast that Realty Income Corporation will post 3 EPS for the current year.

The company also recently declared a dec 17 dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.212 per share. This represents a dividend yield of 4.49%. The ex-dividend date of this dividend is Thursday, November 30th. Realty Income Corporation’s dividend payout ratio (DPR) is currently 208.20%.

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A number of research analysts recently commented on the company. UBS AG raised Realty Income Corporation from a “sell” rating to a “neutral” rating and boosted their price target for the company from $52.00 to $57.00 in a research note on Friday, September 8th. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income Corporation in a research note on Thursday, July 27th. Vetr raised Realty Income Corporation from a “hold” rating to a “buy” rating and set a $58.60 price target for the company in a research note on Thursday, October 19th. B. Riley reissued a “neutral” rating on shares of Realty Income Corporation in a research note on Wednesday, November 1st. Finally, Zacks Investment Research downgraded Realty Income Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $65.43.

Several large investors have recently added to or reduced their stakes in O. Gateway Investment Advisers LLC grew its holdings in shares of Realty Income Corporation by 5.9% during the second quarter. Gateway Investment Advisers LLC now owns 20,738 shares of the real estate investment trust’s stock worth $1,144,000 after purchasing an additional 1,157 shares during the last quarter. National Pension Service grew its holdings in shares of Realty Income Corporation by 9.6% during the second quarter. National Pension Service now owns 252,075 shares of the real estate investment trust’s stock worth $14,058,000 after purchasing an additional 22,072 shares during the last quarter. Chevy Chase Trust Holdings Inc. grew its holdings in shares of Realty Income Corporation by 0.7% during the second quarter. Chevy Chase Trust Holdings Inc. now owns 236,310 shares of the real estate investment trust’s stock worth $13,040,000 after purchasing an additional 1,533 shares during the last quarter. Mn Services Vermogensbeheer B.V. grew its holdings in shares of Realty Income Corporation by 518.4% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 42,653 shares of the real estate investment trust’s stock worth $2,354,000 after purchasing an additional 35,756 shares during the last quarter. Finally, Eqis Capital Management Inc. grew its holdings in shares of Realty Income Corporation by 20.0% during the second quarter. Eqis Capital Management Inc. now owns 4,246 shares of the real estate investment trust’s stock worth $234,000 after purchasing an additional 709 shares during the last quarter. Institutional investors own 67.20% of the company’s stock.

Realty Income Corporation Company Profile

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.

Insider Buying and Selling by Quarter for Realty Income Corporation (NYSE:O)

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