Quantitative Systematic Strategies LLC Takes $271,000 Position in Realty Income Corp (O)

Quantitative Systematic Strategies LLC purchased a new position in shares of Realty Income Corp (NYSE:O) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 4,745 shares of the real estate investment trust’s stock, valued at approximately $271,000.

Other institutional investors and hedge funds have also modified their holdings of the company. IFG Advisory LLC bought a new position in shares of Realty Income in the fourth quarter valued at $323,000. San Francisco Sentry Investment Group CA grew its stake in shares of Realty Income by 500.0% in the third quarter. San Francisco Sentry Investment Group CA now owns 1,800 shares of the real estate investment trust’s stock valued at $103,000 after buying an additional 1,500 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new position in shares of Realty Income in the third quarter valued at $130,000. JFS Wealth Advisors LLC grew its stake in shares of Realty Income by 77.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 2,284 shares of the real estate investment trust’s stock valued at $130,000 after buying an additional 997 shares in the last quarter. Finally, FNY Managed Accounts LLC bought a new position in shares of Realty Income in the third quarter valued at $137,000. 70.26% of the stock is owned by institutional investors.

Shares of Realty Income Corp (NYSE:O) opened at $48.90 on Friday. Realty Income Corp has a twelve month low of $47.42 and a twelve month high of $63.60. The stock has a market capitalization of $13,401.71, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 3.44 and a beta of 0.14. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.78.

The firm also recently declared a feb 18 dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be issued a dividend of $0.219 per share. This is an increase from Realty Income’s previous feb 18 dividend of $0.21. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a yield of 0.00413675859463544%. Realty Income’s dividend payout ratio (DPR) is currently 215.57%.

Several equities research analysts have issued reports on the company. B. Riley reaffirmed a “neutral” rating on shares of Realty Income in a report on Wednesday, November 1st. FBR & Co set a $56.00 price target on Realty Income and gave the company a “hold” rating in a report on Thursday, October 26th. Vetr raised Realty Income from a “hold” rating to a “buy” rating and set a $58.60 price target for the company in a report on Thursday, October 19th. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Realty Income in a report on Thursday, October 26th. Finally, Capital One Financial reaffirmed an “equal weight” rating on shares of Realty Income in a report on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. Realty Income currently has a consensus rating of “Hold” and an average target price of $64.09.

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Realty Income 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.

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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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