Realty Income (NYSE:O) Stock Sold Off by Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed selling $1,001–$15,000 of Realty Income shares on October 20 from a Bank of America trust account.
• Realty Income beat quarterly earnings and revenue estimates, with revenue up 10.3% year over year; it also raised its monthly dividend to $0.274 per share, a 5.5% annualized yield.
• Shares opened at $59.60, while analysts’ consensus rating was Hold and the average price target was $71.69.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Realty Income Corporation (NYSE:O). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Realty Income stock on October 20th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 11/2/2026.
• Purchased $1,001 - $15,000 in shares of argenex NASDAQ: ARGX on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Illumina NASDAQ: ILMN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 10/27/2026.
• Sold $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Micron Solutions OTCMKTS: MICR on 10/21/2026.
• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/21/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 10/21/2026.

Realty Income Stock Up 0.1%

Shares of O opened at $59.60 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 6.04 and a current ratio of 6.04. Realty Income Corporation has a one year low of $53.15 and a one year high of $67.93. The stock has a market capitalization of $56.68 billion, a price-to-earnings ratio of 41.10, a PEG ratio of 4.27 and a beta of 0.65. The stock has a 50 day moving average price of $56.98 and a 200 day moving average price of $61.52.

Realty Income (NYSE:O - Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.02. The company had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.43 billion. Realty Income had a return on equity of 3.27% and a net margin of 21.85%. The firm's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 EPS. Equities research analysts forecast that Realty Income Corporation will post 4.50 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a $0.2740 dividend. This represents a $3.29 annualized dividend and a dividend yield of 5.5%. This is a boost from Realty Income's previous monthly dividend of $0.2715. The ex-dividend date is Monday, November 30th. Realty Income's dividend payout ratio (DPR) is 224.83%.

Institutional Trading of Realty Income

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. QRG Capital Management Inc. lifted its position in shares of Realty Income by 12.7% during the second quarter. QRG Capital Management Inc. now owns 84,300 shares of the real estate investment trust's stock worth $5,223,000 after purchasing an additional 9,518 shares in the last quarter. WINTON GROUP Ltd purchased a new position in shares of Realty Income in the second quarter valued at approximately $936,000. Meiji Yasuda Asset Management Co Ltd. acquired a new position in shares of Realty Income in the second quarter valued at approximately $17,203,000. Renaissance Technologies LLC acquired a new position in shares of Realty Income in the first quarter valued at approximately $3,147,000. Finally, M3 Wealth Management LLC purchased a new stake in Realty Income during the 2nd quarter worth approximately $2,665,000. Hedge funds and other institutional investors own 70.81% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on O shares. Scotiabank lowered shares of Realty Income from a "sector outperform" rating to a "sector perform" rating and lowered their price target for the stock from $67.00 to $59.00 in a research report on Wednesday, September 23rd. Weiss Ratings lowered shares of Realty Income from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, October 30th. Stifel Nicolaus set a $63.75 target price on Realty Income in a report on Friday, October 9th. Wells Fargo & Company dropped their price target on Realty Income from $64.00 to $59.00 and set an "equal weight" rating for the company in a research report on Monday, October 19th. Finally, Barclays cut their price target on Realty Income from $65.00 to $61.00 and set an "equal weight" rating for the company in a report on Tuesday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $71.69.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Realty Income Company Profile

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages commercial properties leased to businesses. Its portfolio includes retail, industrial, gaming, and other properties, typically leased under long-term net lease agreements in which tenants are responsible for many property operating expenses. Founded in 1969, Realty Income is known as “The Monthly Dividend Company” for its monthly dividend payments. The company serves tenants across the United States and has expanded its property portfolio into Europe.

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