Nykredit A S purchased a new position in shares of Realty Income Corporation (NYSE:O - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 361,464 shares of the real estate investment trust's stock, valued at approximately $22,396,000.
Other hedge funds also recently bought and sold shares of the company. EFG International AG purchased a new position in Realty Income in the fourth quarter worth approximately $26,000. Dunhill Financial LLC purchased a new stake in shares of Realty Income in the 2nd quarter valued at approximately $27,000. Evolution Wealth Management Inc. raised its holdings in shares of Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust's stock valued at $28,000 after purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC acquired a new stake in shares of Realty Income in the 4th quarter valued at $29,000. Finally, Sankala Group LLC purchased a new stake in shares of Realty Income during the 4th quarter worth $32,000. Institutional investors and hedge funds own 70.81% of the company's stock.
Realty Income Stock Up 0.3%
Realty Income stock opened at $61.71 on Friday. The company has a market capitalization of $58.39 billion, a P/E ratio of 45.04, a PEG ratio of 4.36 and a beta of 0.71. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93. The stock has a 50-day simple moving average of $63.31 and a 200-day simple moving average of $63.07.
Realty Income (NYSE:O - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, hitting the consensus estimate of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the previous year, the company posted $1.05 earnings per share. The firm's revenue was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Equities research analysts expect that Realty Income Corporation will post 4.43 earnings per share for the current year.
Realty Income Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.271 dividend. The ex-dividend date is Monday, August 31st. This represents a c) annualized dividend and a yield of 5.3%. Realty Income's dividend payout ratio is 237.23%.
Analyst Ratings Changes
O has been the subject of a number of analyst reports. Freedom Capital upgraded shares of Realty Income from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 11th. Mizuho cut their price target on Realty Income from $68.00 to $66.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 13th. Robert W. Baird lifted their price target on Realty Income from $64.00 to $65.00 and gave the stock a "neutral" rating in a report on Monday, July 6th. Wells Fargo & Company lowered their price objective on Realty Income from $65.00 to $64.00 and set an "equal weight" rating for the company in a research report on Tuesday. Finally, Stifel Nicolaus set a $70.75 price objective on Realty Income in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Realty Income presently has an average rating of "Moderate Buy" and a consensus target price of $67.36.
Read Our Latest Report on O
About Realty Income
(
Free Report)
Realty Income Corporation NYSE: O is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company's business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.
Realty Income's portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.
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