Ameritas Advisory Services LLC Acquires 19,135 Shares of Realty Income Corporation $O

Key Points

• Ameritas Advisory Services increased its Realty Income stake by 142.6% in the second quarter, adding 19,135 shares for a total of 32,555 shares valued at approximately $2.02 million. Institutional investors collectively own 70.81% of the REIT.
• Realty Income reported quarterly revenue of $1.55 billion, up 9.7% year over year, while earnings of $1.09 per share matched analysts’ estimates. The company’s shares recently traded at $60.16, below their 50-day and 200-day moving averages.
• The monthly dividend rose to $0.2715 per share, implying an annualized yield of roughly 5.4%. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $67.23, though valuation and interest-rate sensitivity remain concerns.

Ameritas Advisory Services LLC raised its holdings in Realty Income Corporation (NYSE:O - Free Report) by 142.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,555 shares of the real estate investment trust's stock after acquiring an additional 19,135 shares during the period. Ameritas Advisory Services LLC's holdings in Realty Income were worth $2,017,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of O. BlackRock Inc. acquired a new position in Realty Income in the 2nd quarter worth $6,997,219,000. State Street Corp lifted its stake in shares of Realty Income by 0.8% during the 4th quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust's stock worth $3,599,676,000 after buying an additional 531,095 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Realty Income by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust's stock worth $1,655,991,000 after acquiring an additional 793,100 shares during the period. Bank of America Corp DE boosted its stake in Realty Income by 10.3% in the 2nd quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust's stock valued at $1,184,551,000 after purchasing an additional 1,785,859 shares during the period. Finally, Morgan Stanley grew its stake in shares of Realty Income by 21.6% in the fourth quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust's stock valued at $1,031,080,000 after acquiring an additional 3,252,091 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors.

Realty Income Price Performance

Realty Income stock opened at $60.16 on Thursday. The stock has a fifty day moving average of $63.18 and a 200-day moving average of $62.94. The stock has a market capitalization of $56.93 billion, a P/E ratio of 43.91, a price-to-earnings-growth ratio of 4.33 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 52 week low of $55.86 and a 52 week high of $67.93.

Realty Income (NYSE:O - Get Free Report) last posted its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, hitting analysts' consensus estimates of $1.09. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The firm had revenue of $1.55 billion during the quarter, compared to analysts' expectations of $1.40 billion. During the same quarter in the prior year, the business earned $1.05 earnings per share. The business's revenue for the quarter 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. On average, sell-side analysts expect that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.2715 per share. This is a positive change from Realty Income's previous monthly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.4%. Realty Income's dividend payout ratio (DPR) is 237.23%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on O. Evercore set a $68.00 price target on Realty Income in a research report on Friday, August 7th. Robert W. Baird lifted their price objective on Realty Income from $64.00 to $65.00 and gave the company a "neutral" rating in a report on Monday, July 6th. Huntington started coverage on Realty Income in a research report on Wednesday, July 15th. They set an "outperform" rating and a $70.00 target price for the company. Barclays decreased their price target on Realty Income from $67.00 to $65.00 and set an "equal weight" rating on the stock in a research report on Friday, September 4th. Finally, Royal Bank Of Canada dropped their price target on Realty Income from $71.00 to $70.00 and set an "outperform" rating for the company in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $67.23.

Realty Income News Roundup

Here are the key news stories impacting Realty Income this week:

• Positive Sentiment: Monthly dividend increased again: Realty Income raised its monthly dividend to $0.2715 per share from $0.2710, marking its 136th increase. The payout implies an annualized yield of roughly 5.3% and reinforces the company’s appeal to income-focused investors. 136th Common Stock Monthly Dividend Increase Declared by Realty Income
• Positive Sentiment: Dividend growth appears supported by operations: Coverage from adjusted funds from operations, high occupancy and plans for greater investment provide a fundamental basis for continued payout growth. Realty Income’s latest quarterly revenue also increased year over year, although earnings per share met—not exceeded—analyst expectations. Realty Income Hikes Its Dividend Again: Can Growth Continue?
• Neutral Sentiment: High investor attention: Realty Income was among the stocks heavily searched by Zacks users. This may increase near-term trading interest, but search activity alone does not establish a change in the company’s outlook. Investors Heavily Search Realty Income Corporation
• Negative Sentiment: Yield and valuation remain concerns: At approximately 5.3%, Realty Income’s yield offers only a modest premium to government bonds, increasing the importance of AFFO growth, acquisitions and disciplined valuation. Commentary questioned whether the stock is compelling at current levels, particularly given its elevated valuation metrics. Is Realty Income’s 5.3% Yield Still Compelling?
• Negative Sentiment: Rate uncertainty pressured the shares: Broader trading weakness and uncertainty about the Federal Reserve’s next move can weigh on rate-sensitive REITs such as Realty Income. The stock declined more than the broader market and remained below its 50-day and 200-day moving averages. Federal Reserve Rate Outlook

Realty Income Profile

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily uses long-term, single-tenant, net lease agreements, under which tenants generally assume responsibility for property-level expenses such as maintenance, insurance and taxes.

Its portfolio includes retail, industrial, distribution, office, gaming and other commercial properties. Realty Income serves a broad range of tenants, including convenience stores, grocery stores, pharmacies, home improvement retailers, restaurants, logistics operators and other established businesses.

Want to see what other hedge funds are holding O? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Corporation (NYSE:O - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.