Ameritas Advisory Services LLC Has $1.46 Million Stock Position in Realty Income Corporation $O

Ameritas Advisory Services LLC boosted its holdings in shares of Realty Income Corporation (NYSE:O) by 157.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,090 shares of the real estate investment trust’s stock after buying an additional 14,717 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Realty Income were worth $1,464,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of O. Brighton Jones LLC increased its stake in shares of Realty Income by 11.2% during the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after purchasing an additional 615 shares during the period. Bison Wealth LLC acquired a new position in shares of Realty Income in the 4th quarter valued at approximately $571,000. Empowered Funds LLC boosted its holdings in shares of Realty Income by 8.0% in the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 1,330 shares in the last quarter. Woodline Partners LP raised its stake in Realty Income by 41.3% during the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after acquiring an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC lifted its stake in Realty Income by 14.9% in the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after purchasing an additional 3,290 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on O shares. Weiss Ratings reissued a “hold (c)” rating on shares of Realty Income in a report on Monday, December 29th. Mizuho reduced their price objective on shares of Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Wells Fargo & Company lifted their price objective on Realty Income from $59.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. Barclays lifted their price objective on Realty Income from $63.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 3rd. Finally, Wall Street Zen downgraded shares of Realty Income from a “hold” rating to a “sell” rating in a research note on Tuesday, February 3rd. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $63.21.

Realty Income Stock Performance

NYSE O opened at $65.65 on Friday. The stock has a market capitalization of $60.39 billion, a PE ratio of 60.79, a P/E/G ratio of 3.83 and a beta of 0.79. The business has a 50 day simple moving average of $59.43 and a two-hundred day simple moving average of $58.78. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.53 and a quick ratio of 1.53. Realty Income Corporation has a 1-year low of $50.71 and a 1-year high of $66.28.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were paid a dividend of $0.27 per share. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Friday, January 30th. Realty Income’s payout ratio is presently 300.00%.

Realty Income Profile

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.