Andra AP fonden Has $7.01 Million Stake in Realty Income Corporation $O

Andra AP fonden lessened its holdings in shares of Realty Income Corporation (NYSE:O - Free Report) by 17.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 113,118 shares of the real estate investment trust's stock after selling 23,253 shares during the period. Andra AP fonden's holdings in Realty Income were worth $7,009,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. DGS Capital Management LLC boosted its holdings in Realty Income by 4.3% in the fourth quarter. DGS Capital Management LLC now owns 3,836 shares of the real estate investment trust's stock worth $216,000 after purchasing an additional 158 shares during the period. Tactive Advisors LLC increased its stake in Realty Income by 1.8% during the second quarter. Tactive Advisors LLC now owns 9,239 shares of the real estate investment trust's stock valued at $572,000 after purchasing an additional 163 shares during the last quarter. Convergence Financial LLC boosted its holdings in shares of Realty Income by 0.9% during the fourth quarter. Convergence Financial LLC now owns 20,858 shares of the real estate investment trust's stock valued at $1,176,000 after acquiring an additional 185 shares during the period. Nations Financial Group Inc. IA ADV grew its position in shares of Realty Income by 1.5% during the first quarter. Nations Financial Group Inc. IA ADV now owns 13,441 shares of the real estate investment trust's stock worth $822,000 after acquiring an additional 196 shares during the last quarter. Finally, Florida Trust Wealth Management Co grew its position in shares of Realty Income by 0.5% during the second quarter. Florida Trust Wealth Management Co now owns 41,359 shares of the real estate investment trust's stock worth $2,563,000 after acquiring an additional 219 shares during the last quarter. 70.81% of the stock is owned by institutional investors.

Realty Income Stock Performance

NYSE:O opened at $55.55 on Thursday. Realty Income Corporation has a twelve month low of $55.28 and a twelve month high of $67.93. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The company has a 50-day moving average of $62.00 and a 200-day moving average of $62.32. The firm has a market cap of $52.57 billion, a price-to-earnings ratio of 40.55, a price-to-earnings-growth ratio of 4.02 and a beta of 0.71.

Realty Income (NYSE:O - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, meeting analysts' consensus estimates of $1.09. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company's quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Analysts forecast that Realty Income Corporation will post 4.42 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a $0.2715 dividend. This is a boost from Realty Income's previous monthly dividend of $0.27. The ex-dividend date is Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.9%. Realty Income's payout ratio is currently 237.23%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Royal Bank Of Canada reduced their price target on Realty Income from $71.00 to $70.00 and set an "outperform" rating for the company in a research report on Friday, August 7th. Scotiabank lowered Realty Income from a "sector outperform" rating to a "sector perform" rating and set a $59.00 price target on the stock. in a report on Wednesday. Weiss Ratings cut shares of Realty Income from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, September 18th. Wells Fargo & Company reduced their price objective on shares of Realty Income from $65.00 to $64.00 and set an "equal weight" rating for the company in a report on Tuesday, September 1st. Finally, UBS Group set a $67.00 target price on shares of Realty Income in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $66.23.

Realty Income News Summary

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

• Positive Sentiment: Realty Income’s recent decline has made its monthly dividend more attractive, potentially appealing to income-focused investors seeking a higher yield from a well-established net-lease REIT. Realty Income: YTD Lows Make The Monthly Dividend Attractive Again
• Positive Sentiment: The company formed a euro-denominated joint venture with KKR, contributing 54 European net-lease properties. The transaction expands Realty Income’s international platform and could support future growth, though investors will assess its effect on earnings and leverage. Is Realty Income (O) Cheap After Its New Europe Venture And Recent Slide?
• Positive Sentiment: Realty Income has raised its monthly dividend for 136 consecutive months, reinforcing its reputation as a dependable income investment. The next dividend is scheduled for October 15 for shareholders of record on September 30. Own Realty Income By Sept. 30 to Qualify for Its Oct. 15 Dividend
• Positive Sentiment: Some analysts and commentators view the three-month selloff as excessive, with selected Wall Street price targets implying substantial upside. Realty Income has also historically outperformed the S&P 500 during many market corrections, supporting its defensive appeal. Realty Income Falls for 3 Months: Two Wall Street Pros Say Near 30% Gains Lie Ahead
• Neutral Sentiment: Realty Income is preparing to speak at the BofA New York Global Real Estate Conference, which may provide updates on its European strategy, portfolio and outlook but has not yet produced a specific financial catalyst. Realty Income Europe Venture and Recent Slide
• Negative Sentiment: Scotiabank downgraded Realty Income from “sector outperform” to “sector perform,” setting a $59 price target. Although the target indicates potential upside from recent levels, the downgrade signals reduced conviction and is likely contributing to selling pressure. Scotiabank Downgrades Realty Income

Realty Income Company 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.

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