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Realty Income Corp (NYSE:O) VP Robert Israel sold 3,176 shares of the company’s stock on the open market in a transaction dated Thursday, August 14th. The stock was sold at an average price of $44.45, for a total value of $141,173.20. Following the sale, the vice president now directly owns 16,245 shares in the company, valued at approximately $722,090. The sale was disclosed in a document filed with the SEC, which is available at this link.

Realty Income Corp (NYSE:O) traded down 0.02% on Thursday, hitting $44.55. 826,559 shares of the company’s stock traded hands. Realty Income Corp has a 1-year low of $36.58 and a 1-year high of $45.84. The stock’s 50-day moving average is $44.45 and its 200-day moving average is $43.00. The company has a market cap of $9.918 billion and a P/E ratio of 47.66.

Realty Income Corp (NYSE:O) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.64 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.64. The company had revenue of $228.60 million for the quarter, compared to the consensus estimate of $224.18 million. During the same quarter last year, the company posted $0.60 earnings per share. Realty Income Corp’s revenue was up 24.0% compared to the same quarter last year. On average, analysts predict that Realty Income Corp will post $2.61 earnings per share for the current fiscal year.

The company also recently declared a monthly dividend, which is scheduled for Friday, August 15th. Shareholders of record on Friday, August 1st will be given a dividend of $0.1828 per share. This represents a $2.19 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date of this dividend is Wednesday, July 30th.

Separately, analysts at Citigroup Inc. reiterated a “sell” rating on shares of Realty Income Corp in a research note on Tuesday, July 29th. They now have a $33.00 price target on the stock, up previously from $27.00. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $42.00.

Realty Income Corporation (NYSE:O) is an equity real estate investment trust (REIT).

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