Aspiriant adds Realty Income Corp (O) to its portfolio

Realty Income Corp (O) : Aspiriant added new position in Realty Income Corp during the most recent quarter end. The investment management firm now holds 97,969 shares of Realty Income Corp which is valued at $6.2 Million , the company said in a statement filed on May 12, 2016 with the SEC.Realty Income Corp makes up approximately 0.57% of Aspiriant’s portfolio.

Other Hedge Funds, Including , Carnick Kubik boosted its stake in O in the latest quarter, The investment management firm added 50 additional shares and now holds a total of 17,053 shares of Realty Income Corp which is valued at $1.1 Million. Realty Income Corp makes up approx 0.54% of Carnick Kubik’s portfolio.First Trust Advisors Lp boosted its stake in O in the latest quarter, The investment management firm added 26,245 additional shares and now holds a total of 369,248 shares of Realty Income Corp which is valued at $23.5 Million. Realty Income Corp makes up approx 0.08% of First Trust Advisors Lp’s portfolio. Opus Capital Group added O to its portfolio by purchasing 11,480 company shares during the most recent quarter which is valued at $729,898. Realty Income Corp makes up approx 0.16% of Opus Capital Group’s portfolio.Great West Life Assurance Co Can boosted its stake in O in the latest quarter, The investment management firm added 19,906 additional shares and now holds a total of 147,518 shares of Realty Income Corp which is valued at $8.7 Million. Realty Income Corp makes up approx 0.03% of Great West Life Assurance Co Can’s portfolio.

Realty Income Corp opened for trading at $59.33 and hit $59.33 on the upside on Friday, eventually ending the session at $59.19, with a gain of 0.24% or 0.14 points. The heightened volatility saw the trading volume jump to 33,45,647 shares. Company has a market cap of $14,862 M.

On the company’s financial health, Realty Income Corp reported $0.70 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus of $0.71. The company had revenue of $267.12 million for the quarter, compared to analysts expectations of $255.14 million. The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

Many Wall Street Analysts have commented on Realty Income Corp. Company shares were Reiterated by RBC Capital Mkts on Feb 17, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 58 from a previous price target of $51 .Company shares were Downgraded by Wunderlich on Feb 16, 2016 to ” Sell”, Firm has raised the Price Target to $ 53 from a previous price target of $47.50 .

Realty Income Corporation is a real estate company. As of December 31 2014 the Company owned 4327 properties with approximately 4257 properties leased and 70 properties available for lease. The Company leased to approximately 234 different commercial tenants doing business in 47 separate industries. The properties are located in 49 states and Puerto Rico with over 70 million square feet of leasable space and with an average leasable space per property of approximately 16350 square feet including approximately 11290 square feet per retail property and approximately 196800 square feet per industrial and distribution property. The Company has approximately 4308 single-tenant properties and 19 multi-tenant properties. The Company has grouped its tenants into 48 activity segments.

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