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Allworth Financial LP Increases Stock Holdings in Realty Income Co. (NYSE:O)


Allworth Financial LP Increases Stock Holdings in Realty Income Co. (NYSE:O)

Allworth Financial LP boosted its holdings in Realty Income Co. (NYSE:O - Free Report) by 19.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 171,689 shares of the real estate investment trust's stock after purchasing an additional 28,512 shares during the quarter. Allworth Financial LP's holdings in Realty Income were worth $10,888,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in O. Los Angeles Capital Management LLC boosted its holdings in shares of Realty Income by 15.3% in the 1st quarter. Los Angeles Capital Management LLC now owns 4,221 shares of the real estate investment trust's stock valued at $228,000 after purchasing an additional 560 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Realty Income by 24.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 129,096 shares of the real estate investment trust's stock valued at $6,984,000 after acquiring an additional 25,743 shares during the period. Register Financial Advisors LLC acquired a new stake in Realty Income during the first quarter worth about $73,000. Independence Bank of Kentucky acquired a new stake in Realty Income during the first quarter worth about $187,000. Finally, Toth Financial Advisory Corp raised its holdings in shares of Realty Income by 92.8% in the 1st quarter. Toth Financial Advisory Corp now owns 2,065 shares of the real estate investment trust's stock worth $112,000 after purchasing an additional 994 shares during the period. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently issued reports on O shares. Morgan Stanley reissued an "equal weight" rating and set a $62.00 target price on shares of Realty Income in a research report on Tuesday, August 6th. Stifel Nicolaus increased their price objective on shares of Realty Income from $67.50 to $70.25 and gave the stock a "buy" rating in a research report on Wednesday, August 28th. Wedbush started coverage on shares of Realty Income in a report on Monday, August 19th. They set a "neutral" rating and a $64.00 target price on the stock. Robert W. Baird increased their price target on Realty Income from $57.00 to $58.00 and gave the company a "neutral" rating in a report on Tuesday, August 6th. Finally, UBS Group raised their price objective on Realty Income from $70.00 to $72.00 and gave the company a "buy" rating in a research report on Wednesday, October 16th. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Realty Income currently has a consensus rating of "Hold" and a consensus target price of $63.94.

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