Intrua Financial LLC Has $2.31 Million Position in Realty Income Co. (NYSE:O)

Intrua Financial LLC grew its holdings in Realty Income Co. (NYSE:OGet Rating) by 17.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 33,880 shares of the real estate investment trust’s stock after buying an additional 5,111 shares during the quarter. Intrua Financial LLC’s holdings in Realty Income were worth $2,313,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Smith Moore & CO. raised its position in Realty Income by 31.2% in the 2nd quarter. Smith Moore & CO. now owns 5,266 shares of the real estate investment trust’s stock worth $359,000 after purchasing an additional 1,251 shares during the last quarter. B. Metzler seel. Sohn & Co. AG raised its position in shares of Realty Income by 3.9% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 11,270 shares of the real estate investment trust’s stock worth $769,000 after acquiring an additional 419 shares during the last quarter. First Interstate Bank acquired a new position in shares of Realty Income during the second quarter valued at $213,000. Grantham Mayo Van Otterloo & Co. LLC bought a new position in Realty Income in the second quarter valued at about $430,000. Finally, Korea Investment CORP increased its position in Realty Income by 115.7% in the second quarter. Korea Investment CORP now owns 430,975 shares of the real estate investment trust’s stock worth $29,418,000 after purchasing an additional 231,175 shares during the period. 81.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on O. Morgan Stanley cut their target price on shares of Realty Income from $76.00 to $74.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 25th. Raymond James lowered their target price on shares of Realty Income from $78.00 to $68.00 and set an “outperform” rating for the company in a report on Tuesday, October 4th. Mizuho downgraded Realty Income from a “buy” rating to a “neutral” rating in a research note on Thursday, October 13th. Finally, StockNews.com cut Realty Income from a “hold” rating to a “sell” rating in a research note on Saturday, November 19th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Realty Income presently has an average rating of “Hold” and a consensus price target of $74.00.

Realty Income Trading Down 1.2 %

Shares of Realty Income stock traded down $0.78 during trading hours on Thursday, hitting $64.52. The company’s stock had a trading volume of 3,283,340 shares, compared to its average volume of 3,631,468. Realty Income Co. has a 12 month low of $55.50 and a 12 month high of $75.40. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.76 and a quick ratio of 1.76. The company has a market capitalization of $40.46 billion, a PE ratio of 60.30, a price-to-earnings-growth ratio of 5.26 and a beta of 0.79. The stock has a 50 day moving average of $61.20 and a 200 day moving average of $66.32.

Realty Income Announces Dividend

The business also recently declared a nov 22 dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st will be paid a $0.248 dividend. The ex-dividend date is Wednesday, November 30th. Realty Income’s payout ratio is currently 278.50%.

Realty Income Profile

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Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with our commercial clients.

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

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