As Gerdau S A (Call) (GGB) Market Value Rose, Contrarian Capital Management Has Lowered by $2.98 Billion Its Stake; As Realty Income (O) Share Price Rose, Holder Public Employees Retirement System Of Ohio Has Boosted Stake

Gerdau S.A. (NYSE:GGB) Logo

Contrarian Capital Management Llc decreased its stake in Gerdau S A (Call) (GGB) by 99.07% based on its latest 2018Q4 regulatory filing with the SEC. Contrarian Capital Management Llc sold 7.93 million shares as the company’s stock rose 3.05% with the market. The hedge fund held 74,611 shares of the steel and iron ore company at the end of 2018Q4, valued at $28.05 million, down from 8.00 million at the end of the previous reported quarter. Contrarian Capital Management Llc who had been investing in Gerdau S A (Call) for a number of months, seems to be less bullish one the $6.19B market cap company. The stock increased 3.38% or $0.13 during the last trading session, reaching $3.98. About 13.07 million shares traded or 22.85% up from the average. Gerdau S.A. (NYSE:GGB) has declined 21.26% since March 17, 2018 and is downtrending. It has underperformed by 25.63% the S&P500. Some Historical GGB News: 13/03/2018 – GERDAU SA GGBR4.SA : CREDIT SUISSE RAISES TARGET PRICE TO BRL 20 FROM BRL 19; 03/04/2018 – GERDAU S.A. – Form 20-F; 09/05/2018 – GERDAU MAY RAISE NORTH AMERICA ’18 UTILIZED CAPACITY TO 85%:CEO; 09/05/2018 – GERDAU 1Q NET TO CONTROLLING HOLDERS BRL441.0M; 09/05/2018 – GERDAU SEES FY CAPEX R$1.2B; 09/05/2018 – GERDAU: BOARD APPROVES INTEREST ON EQUITY PAYMENT OF BRL136.2M; 09/05/2018 – GERDAU 1Q ADJ NET R$448M; 09/05/2018 – GERDAU 1Q NET INCOME R$448M; 02/04/2018 – GERDAU SAYS IT CONCLUDED SALE OF UNITS IN U.S. TO OPTIMUS STEEL; 19/04/2018 – MOODY’S ASSIGNS BA3 RATING TO CMC’S PROPOSED NOTES; ALL OTHER RATINGS REMAIN ON REVIEW FOR DOWNGRADE

Public Employees Retirement System Of Ohio increased its stake in Realty Income Corp (O) by 5.82% based on its latest 2018Q4 regulatory filing with the SEC. Public Employees Retirement System Of Ohio bought 6,601 shares as the company’s stock rose 9.27% with the market. The institutional investor held 120,045 shares of the real estate investment trusts company at the end of 2018Q4, valued at $7.57M, up from 113,444 at the end of the previous reported quarter. Public Employees Retirement System Of Ohio who had been investing in Realty Income Corp for a number of months, seems to be bullish on the $21.67 billion market cap company. The stock decreased 0.93% or $0.67 during the last trading session, reaching $71.24. About 3.56M shares traded or 66.46% up from the average. Realty Income Corporation (NYSE:O) has risen 40.17% since March 17, 2018 and is uptrending. It has outperformed by 35.80% the S&P500. Some Historical O News: 08/05/2018 – Realty Income Reiterates 2018 AFFO Per Share Guidance of $3.14 – $3.20; 08/05/2018 – Realty Income 1Q EPS 29c; 30/04/2018 – JPMorgan Realty Income Adds Mid-America, Cuts HCP; 08/05/2018 – REALTY INCOME CORP O.N SEES FY 2018 ADJUSTED FFO SHR $3.14 TO $3.20; 19/04/2018 – DJ Realty Income Corporation, Inst Holders, 1Q 2018 (O); 08/05/2018 – REALTY INCOME CORP O.N SEES FY 2018 FFO SHR $3.11 TO $3.19; 13/03/2018 REALTY INCOME BOOSTS MONTHLY DIV TO 21.95C/SHR FROM 21.9C; 11/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Hasbro, Realty Income, The Hartford Financial Services Grou; 27/03/2018 – Realty Income Prices $500 M of 3.875% Senior Unsecured Notes Due 2025; 27/03/2018 – Fitch Rates Realty Income’s Senior Notes ‘BBB+’

More recent Gerdau S.A. (NYSE:GGB) news were published by: Seekingalpha.com which released: “Gerdau S.A. (GGB) CEO Gustavo Werneck Da Cunha on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 23, 2019. Also Seekingalpha.com published the news titled: “Gerdau Looking Toward Better Results – Seeking Alpha” on December 10, 2018. Seekingalpha.com‘s news article titled: “Gerdau: The Brazilian Play On U.S. Steel – Seeking Alpha” with publication date: December 31, 2018 was also an interesting one.

Investors sentiment increased to 1.42 in Q4 2018. Its up 0.33, from 1.09 in 2018Q3. It increased, as 34 investors sold O shares while 153 reduced holdings. 77 funds opened positions while 188 raised stakes. 217.51 million shares or 11.78% more from 194.59 million shares in 2018Q3 were reported. Athena Advisors Ltd Llc has invested 0% in Realty Income Corporation (NYSE:O). Strategic Wealth Limited Liability Corporation invested in 0.19% or 33,444 shares. Dupont stated it has 64,886 shares. Shufro Rose & Ltd Liability Com owns 6,611 shares. Northern Corp has 0.09% invested in Realty Income Corporation (NYSE:O). Massmutual Tru Fsb Adv holds 0% of its portfolio in Realty Income Corporation (NYSE:O) for 15,000 shares. Bokf Na has invested 0.02% in Realty Income Corporation (NYSE:O). Linscomb & Williams owns 3,550 shares or 0.02% of their US portfolio. Pggm holds 2.13M shares. Fil Limited reported 35 shares. 87 were accumulated by Transamerica Advisors Inc. Delta Asset Mngmt Limited Liability Corporation Tn reported 411 shares. Axa has 0% invested in Realty Income Corporation (NYSE:O) for 7,431 shares. Reilly Fincl Lc reported 1,882 shares stake. Fincl Bank Of New York Mellon Corporation, New York-based fund reported 2.40M shares.

More notable recent Realty Income Corporation (NYSE:O) news were published by: Prnewswire.com which released: “101st Common Stock Monthly Dividend Increase Declared By Realty Income – PRNewswire” on March 13, 2019, also Seekingalpha.com with their article: “Realty Income 2019 FFO guidance on the light side – Seeking Alpha” published on February 20, 2019, Investorplace.com published: “5 Big-Yield REITs to Check Out Now – Investorplace.com” on February 25, 2019. More interesting news about Realty Income Corporation (NYSE:O) were released by: Seekingalpha.com and their article: “Realty Income: Rotational Strategy Could Provide A 20% Dividend Increase – Seeking Alpha” published on February 20, 2019 as well as Fool.com‘s news article titled: “Should You Be Worried About Realty Income’s Q4 Misses? – Motley Fool” with publication date: February 28, 2019.

Public Employees Retirement System Of Ohio, which manages about $17.18B US Long portfolio, decreased its stake in Agilent Technologies In (NYSE:A) by 18,993 shares to 292,149 shares, valued at $19.71M in 2018Q4, according to the filing. It also reduced its holding in Welltower Inc by 10,466 shares in the quarter, leaving it with 550,285 shares, and cut its stake in Crown Castle Internatio (NYSE:CCI).

Realty Income Corporation (NYSE:O) Institutional Positions Chart