Salem Investment Counselors Has Cut Its Realty Income (O) Position; Northeast Investment Management Trimmed Union Pac (UNP) Holding

February 19, 2018 - By Linda Rogers

Salem Investment Counselors Inc decreased Realty Income Corporation (O) stake by 98.48% reported in 2017Q3 SEC filing. Salem Investment Counselors Inc sold 14,997 shares as Realty Income Corporation (O)’s stock declined 10.86%. The Salem Investment Counselors Inc holds 231 shares with $13,000 value, down from 15,228 last quarter. Realty Income Corporation now has $14.10B valuation. The stock increased 1.38% or $0.68 during the last trading session, reaching $49.96. About 2.91M shares traded or 34.48% up from the average. Realty Income Corporation (NYSE:O) has declined 8.21% since February 19, 2017 and is downtrending. It has underperformed by 24.91% the S&P500.

Northeast Investment Management decreased Union Pac Corp (UNP) stake by 3.17% reported in 2017Q3 SEC filing. Northeast Investment Management sold 8,814 shares as Union Pac Corp (UNP)’s stock declined 2.52%. The Northeast Investment Management holds 269,444 shares with $31.25 million value, down from 278,258 last quarter. Union Pac Corp now has $105.69B valuation. The stock increased 0.28% or $0.38 during the last trading session, reaching $134.27. About 3.60M shares traded. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since February 19, 2017 and is uptrending. It has outperformed by 14.75% the S&P500.

Investors sentiment decreased to 0.9 in Q3 2017. Its down 0.02, from 0.92 in 2017Q2. It turned negative, as 67 investors sold UNP shares while 490 reduced holdings. 95 funds opened positions while 408 raised stakes. 601.66 million shares or 1.15% less from 608.67 million shares in 2017Q2 were reported. 56,487 are held by Legacy Private Tru Company. First Republic Investment holds 215,918 shares. Chicago Equity Ptnrs invested 0.32% of its portfolio in Union Pacific Corporation (NYSE:UNP). Private Advisor Ltd Llc reported 0.09% in Union Pacific Corporation (NYSE:UNP). 268,606 are owned by Comerica Bancorp. Archford Capital Strategies Ltd owns 0.58% invested in Union Pacific Corporation (NYSE:UNP) for 13,231 shares. Carlson Capital Mngmt reported 2,007 shares stake. Two Sigma Securities Ltd reported 6,298 shares. Front Barnett Assoc Limited Liability Com has 2.81% invested in Union Pacific Corporation (NYSE:UNP). Moreover, Cohen Klingenstein Limited Liability Company has 1.05% invested in Union Pacific Corporation (NYSE:UNP). First National Bank & Trust Of Omaha holds 0.4% or 57,342 shares. Sather Fincl Grp, a Texas-based fund reported 141,780 shares. Zevin Asset Limited Liability Corp invested in 2,126 shares. Horizon Kinetics Ltd Liability Corporation holds 13,680 shares or 0.05% of its portfolio. Fiduciary Finance Services Of The Southwest Inc Tx holds 0.22% or 6,370 shares.

Northeast Investment Management increased Vanguard Dividend Apprec Etf (VIG) stake by 5,266 shares to 16,720 valued at $1.59M in 2017Q3. It also upped Jp Morgan Chase & Co (NYSE:JPM) stake by 8,909 shares and now owns 188,528 shares. Allergan Plc was raised too.

Among 29 analysts covering Union Pacific Corporation (NYSE:UNP), 13 have Buy rating, 2 Sell and 14 Hold. Therefore 45% are positive. Union Pacific Corporation had 104 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Union Pacific Corporation (NYSE:UNP) earned “Outperform” rating by BMO Capital Markets on Friday, October 27. The firm has “Hold” rating given on Thursday, October 5 by Robert W. Baird. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, October 2. On Thursday, January 25 the stock rating was maintained by Susquehanna with “Buy”. Cowen & Co maintained Union Pacific Corporation (NYSE:UNP) on Friday, April 28 with “Market Perform” rating. The firm has “Buy” rating given on Tuesday, January 9 by UBS. The rating was downgraded by Deutsche Bank on Wednesday, July 20 to “Hold”. The stock has “Market Perform” rating by Cowen & Co on Thursday, October 20. The stock of Union Pacific Corporation (NYSE:UNP) has “Buy” rating given on Friday, January 26 by UBS. As per Friday, January 22, the company rating was maintained by Credit Suisse.

Analysts await Realty Income Corporation (NYSE:O) to report earnings on February, 28. They expect $0.72 EPS, down 6.49% or $0.05 from last year’s $0.77 per share. O’s profit will be $203.17 million for 17.35 P/E if the $0.72 EPS becomes a reality. After $0.77 actual EPS reported by Realty Income Corporation for the previous quarter, Wall Street now forecasts -6.49% negative EPS growth.

Investors sentiment increased to 1.27 in Q3 2017. Its up 0.01, from 1.26 in 2017Q2. It increased, as 38 investors sold O shares while 149 reduced holdings. 52 funds opened positions while 186 raised stakes. 193.75 million shares or 4.42% more from 185.55 million shares in 2017Q2 were reported. 308,629 were reported by Manufacturers Life Insur The. Crestpoint Cap Management Ltd holds 0.51% in Realty Income Corporation (NYSE:O) or 20,000 shares. Parametric Associate Ltd Liability reported 448,710 shares. Guardian Life Of America, a New York-based fund reported 617 shares. Catawba Va has invested 0.15% of its portfolio in Realty Income Corporation (NYSE:O). Bnp Paribas Arbitrage invested 0.04% of its portfolio in Realty Income Corporation (NYSE:O). Fifth Third National Bank holds 19,296 shares. Amica Pension Fund Board Of Trustees accumulated 38,723 shares. Evercore Wealth Lc has invested 0.01% in Realty Income Corporation (NYSE:O). Kistler invested in 0.06% or 2,411 shares. Sandy Spring Bancshares stated it has 716 shares. Fcg Advsrs Limited Liability has invested 0.08% in Realty Income Corporation (NYSE:O). Baldwin Brothers Ma holds 0.01% or 1,400 shares in its portfolio. 385,858 were accumulated by Strs Ohio. Moreover, Federated Invsts Incorporated Pa has 0.23% invested in Realty Income Corporation (NYSE:O).

Among 16 analysts covering Realty Income (NYSE:O), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. Realty Income had 33 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Realty Income Corporation (NYSE:O) earned “Buy” rating by Stifel Nicolaus on Thursday, October 29. The stock of Realty Income Corporation (NYSE:O) has “Buy” rating given on Monday, November 14 by Stifel Nicolaus. Raymond James upgraded Realty Income Corporation (NYSE:O) on Wednesday, December 20 to “Hold” rating. On Monday, December 5 the stock rating was downgraded by Bank of America to “Neutral”. The firm has “Overweight” rating given on Tuesday, December 13 by Morgan Stanley. The company was maintained on Monday, February 5 by RBC Capital Markets. Mizuho initiated Realty Income Corporation (NYSE:O) rating on Friday, October 14. Mizuho has “Neutral” rating and $65 target. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, December 30. The firm earned “Outperform” rating on Tuesday, December 15 by Wells Fargo. The rating was downgraded by Wunderlich on Tuesday, February 16 to “Sell”.

Since September 19, 2017, it had 0 insider purchases, and 1 sale for $188,320 activity. Shares for $188,320 were sold by McLaughlin Gregory.

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