As Praxair (PX) Share Price Rose, Holder Neville Rodie & Shaw Trimmed Holding by $330,000; Teachers Insurance & Annuity Association Of America Continues to Hold Position in Realty Income (O)

December 7, 2017 - By Marie Mckinney

Teachers Insurance & Annuity Association Of America increased its stake in Realty Income Corp (O) by 2.73% based on its latest 2017Q2 regulatory filing with the SEC. Teachers Insurance & Annuity Association Of America bought 7,267 shares as the company’s stock declined 10.86% while stock markets rallied. The institutional investor held 273,351 shares of the real estate investment trusts company at the end of 2017Q2, valued at $15.08M, up from 266,084 at the end of the previous reported quarter. Teachers Insurance & Annuity Association Of America who had been investing in Realty Income Corp for a number of months, seems to be bullish on the $15.44B market cap company. The stock decreased 0.94% or $0.52 during the last trading session, reaching $54.7. About 2.30M shares traded or 39.30% up from the average. Realty Income Corporation (NYSE:O) has declined 8.21% since December 7, 2016 and is downtrending. It has underperformed by 24.91% the S&P500.

Neville Rodie & Shaw Inc decreased its stake in Praxair Inc (PX) by 30.05% based on its latest 2017Q2 regulatory filing with the SEC. Neville Rodie & Shaw Inc sold 2,500 shares as the company’s stock rose 10.06% with the market. The institutional investor held 5,819 shares of the basic industries company at the end of 2017Q2, valued at $771,000, down from 8,319 at the end of the previous reported quarter. Neville Rodie & Shaw Inc who had been investing in Praxair Inc for a number of months, seems to be less bullish one the $43.06B market cap company. The stock decreased 1.25% or $1.9 during the last trading session, reaching $150.39. About 1.42 million shares traded or 0.99% up from the average. Praxair, Inc. (NYSE:PX) has risen 17.42% since December 7, 2016 and is uptrending. It has outperformed by 0.72% the S&P500.




Since June 19, 2017, it had 0 buys, and 1 insider sale for $449,840 activity.

More notable recent Realty Income Corporation (NYSE:O) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Stifel Financial, NBT Bancorp and Realty Income” on November 28, 2017, also Seekingalpha.com with their article: “Realty Income Is Too Expensive Even Compared To Simon Property And National …” published on November 09, 2017, Seekingalpha.com published: “Why Would You Own Realty Income When You Can Buy This?” on November 07, 2017. More interesting news about Realty Income Corporation (NYSE:O) were released by: Fool.com and their article: “Will 2018 Be Realty Income Corporation’s Best Year Yet?” published on November 16, 2017 as well as Zacks.com‘s news article titled: “Realty Income (O) Banks on Solid Acquisitions for Growth” with publication date: December 01, 2017.

Investors sentiment increased to 1.26 in 2017 Q2. Its up 0.10, from 1.16 in 2017Q1. It improved, as 42 investors sold O shares while 155 reduced holdings. 54 funds opened positions while 195 raised stakes. 185.55 million shares or 0.50% more from 184.62 million shares in 2017Q1 were reported. Gyroscope Cap Mngmt Group Inc Ltd Liability stated it has 0.13% in Realty Income Corporation (NYSE:O). Creative Planning holds 0.02% or 89,229 shares. Tobam has 706,852 shares for 1.46% of their portfolio. Svcs Automobile Association owns 91,384 shares or 0.02% of their US portfolio. Orleans Capital Mngmt La reported 56,655 shares. Advantus Cap Mngmt owns 27,436 shares. First Trust Advisors Limited Partnership accumulated 0.07% or 451,826 shares. Pggm has 0.86% invested in Realty Income Corporation (NYSE:O) for 3.05 million shares. Blue Cap Incorporated stated it has 0.39% of its portfolio in Realty Income Corporation (NYSE:O). 1.67M were accumulated by Morgan Stanley. Eii Mgmt invested 0.81% of its portfolio in Realty Income Corporation (NYSE:O). Ibm Retirement Fund holds 0.04% in Realty Income Corporation (NYSE:O) or 4,060 shares. Rench Wealth Mgmt owns 95,151 shares. Reilly Advisors Ltd Llc reported 1,882 shares stake. Focused Wealth Inc reported 0.12% of its portfolio in Realty Income Corporation (NYSE:O).

Among 15 analysts covering Realty Income (NYSE:O), 5 have Buy rating, 3 Sell and 7 Hold. Therefore 33% are positive. Realty Income had 30 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Monday, July 17. As per Thursday, February 11, the company rating was maintained by Oppenheimer. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, December 13 report. The rating was downgraded by Bank of America on Monday, December 5 to “Neutral”. As per Monday, September 26, the company rating was initiated by UBS. The rating was upgraded by Stifel Nicolaus on Tuesday, September 8 to “Buy”. Stifel Nicolaus maintained Realty Income Corporation (NYSE:O) on Thursday, October 29 with “Buy” rating. The firm has “Underperform” rating by Raymond James given on Monday, January 9. The stock of Realty Income Corporation (NYSE:O) earned “Buy” rating by Stifel Nicolaus on Wednesday, September 27. On Tuesday, September 22 the stock rating was downgraded by Zacks to “Hold”.

Teachers Insurance & Annuity Association Of America, which manages about $2.88 billion US Long portfolio, decreased its stake in Gaming & Leisure Pptys Inc (NASDAQ:GLPI) by 15,517 shares to 351,075 shares, valued at $13.23M in 2017Q2, according to the filing. It also reduced its holding in Prologis Inc (NYSE:PLD) by 13,233 shares in the quarter, leaving it with 527,584 shares, and cut its stake in Simon Ppty Group Inc New (NYSE:SPG).

Among 21 analysts covering Praxair (NYSE:PX), 10 have Buy rating, 3 Sell and 8 Hold. Therefore 48% are positive. Praxair had 42 analyst reports since August 12, 2015 according to SRatingsIntel. As per Friday, January 22, the company rating was reinitiated by Bank of America. Deutsche Bank downgraded the stock to “Hold” rating in Monday, April 4 report. On Friday, January 27 the stock rating was upgraded by JP Morgan to “Overweight”. On Wednesday, August 12 the stock rating was upgraded by Zacks to “Sell”. The firm earned “Neutral” rating on Monday, April 18 by Citigroup. The company was maintained on Monday, May 2 by Barclays Capital. CLSA maintained the shares of PX in report on Tuesday, August 2 with “Outperform” rating. The firm has “Sell” rating given on Friday, August 28 by Zacks. Argus Research upgraded the shares of PX in report on Monday, November 13 to “Buy” rating. The firm has “Neutral” rating by Bank of America given on Saturday, January 7.

Neville Rodie & Shaw Inc, which manages about $1.50 billion and $875.99M US Long portfolio, upped its stake in Rio Tinto Plc Adr Sponsored (NYSE:RIO) by 9,600 shares to 33,600 shares, valued at $1.42M in 2017Q2, according to the filing. It also increased its holding in Celgene Corp (NASDAQ:CELG) by 3,015 shares in the quarter, for a total of 67,318 shares, and has risen its stake in Zoetis Inc Cl A (NYSE:ZTS).

Analysts await Praxair, Inc. (NYSE:PX) to report earnings on January, 25. They expect $1.48 EPS, up 4.96% or $0.07 from last year’s $1.41 per share. PX’s profit will be $423.73M for 25.40 P/E if the $1.48 EPS becomes a reality. After $1.50 actual EPS reported by Praxair, Inc. for the previous quarter, Wall Street now forecasts -1.33% negative EPS growth.

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