Realty Income Corp (O) : Voya Financial Advisors scooped up 24,162 additional shares in Realty Income Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 47,612 shares of Realty Income Corp which is valued at $3,268,088.Realty Income Corp makes up approximately 0.37% of Voya Financial Advisors’s portfolio.
Other Hedge Funds, Including , Voloridge Investment Management sold out all of its stake in O during the most recent quarter. The investment firm sold 180,712 shares of O which is valued $12,404,072.Girard Partners Ltd. boosted its stake in O in the latest quarter, The investment management firm added 1,282 additional shares and now holds a total of 10,865 shares of Realty Income Corp which is valued at $745,774. Realty Income Corp makes up approx 0.27% of Girard Partners Ltd.’s portfolio.Baird Financial Group reduced its stake in O by selling 2,183 shares or 9.85% in the most recent quarter. The Hedge Fund company now holds 19,973 shares of O which is valued at $1,370,947. Realty Income Corp makes up approx 0.01% of Baird Financial Group’s portfolio.Mizuho Trust Banking Ltd. boosted its stake in O in the latest quarter, The investment management firm added 3,291 additional shares and now holds a total of 440,055 shares of Realty Income Corp which is valued at $30,443,005. Realty Income Corp makes up approx 0.09% of Mizuho Trust Banking Ltd.’s portfolio. Alethea Capital Management added O to its portfolio by purchasing 31,895 company shares during the most recent quarter which is valued at $2,245,727. Realty Income Corp makes up approx 3.02% of Alethea Capital Management’s portfolio.
Realty Income Corp opened for trading at $65.6 and hit $66.1 on the upside on Thursday, eventually ending the session at $65.74, with a gain of 0.02% or 0.01 points. The heightened volatility saw the trading volume jump to 14,53,949 shares. Company has a market cap of $16,998 M.
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.
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.