Realty Income Corp (O) : Cwh Capital Management reduced its stake in Realty Income Corp by 0.49% during the most recent quarter end. The investment management company now holds a total of 50,205 shares of Realty Income Corp which is valued at $3,446,071 after selling 245 shares in Realty Income Corp , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Realty Income Corp makes up approximately 2.39% of Cwh Capital Management’s portfolio.
Other Hedge Funds, Including , Blackrock Investment Management boosted its stake in O in the latest quarter, The investment management firm added 20,238 additional shares and now holds a total of 555,604 shares of Realty Income Corp which is valued at $38,136,659. Realty Income Corp makes up approx 0.05% of Blackrock Investment Management’s portfolio.Financial Counselors Inc boosted its stake in O in the latest quarter, The investment management firm added 134 additional shares and now holds a total of 3,379 shares of Realty Income Corp which is valued at $230,380. Realty Income Corp makes up approx 0.01% of Financial Counselors Inc’s portfolio.Signalpoint Asset Management reduced its stake in O by selling 106 shares or 1.33% in the most recent quarter. The Hedge Fund company now holds 7,866 shares of O which is valued at $562,183. Realty Income Corp makes up approx 0.23% of Signalpoint Asset Management’s portfolio. Commonwealth Financial Services added O to its portfolio by purchasing 113 company shares during the most recent quarter which is valued at $7,956. Realty Income Corp makes up approx 0.01% of Commonwealth Financial Services’s portfolio.Farmers Merchants Investments Inc reduced its stake in O by selling 1,440 shares or 0.92% in the most recent quarter. The Hedge Fund company now holds 155,118 shares of O which is valued at $10,827,236. Realty Income Corp makes up approx 1.17% of Farmers Merchants Investments Inc’s portfolio.
Realty Income Corp closed down -1.01 points or -1.49% at $66.8 with 13,82,912 shares getting traded on Friday. Post opening the session at $67.69, the shares hit an intraday low of $66.517 and an intraday high of $68 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Realty Income Corp reported $0.70 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.72. The company had revenue of $260.06 million for the quarter, compared to analysts expectations of $260.62 million. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.69 EPS.
Investors should note that on Jul 27, 2016, Realty Income Corp announced a cash dividend of $0.2015. The company’s management has announced Aug 30, 2016 as the ex-dividend date and fixed the record date on Sep 1, 2016. The payable date has been fixed on Sep 15, 2016.
Many Wall Street Analysts have commented on Realty Income Corp. Company shares were Reiterated by Wunderlich on Aug 1, 2016 to “Sell”, Firm has raised the Price Target to $ 60 from a previous price target of $53 .Company shares were Reiterated by RBC Capital Mkts on Aug 1, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 66 from a previous price target of $58 .Company shares were Reiterated by Stifel on Jul 28, 2016 to “Buy”, Firm has raised the Price Target to $ 73 from a previous price target of $66 .
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.