6,399 Shares in Realty Income Corporation (NYSE:O) Purchased by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. acquired a new stake of 6,399 shares in Realty Income Corporation during the first quarter, valued at approximately $371,000.
• Realty Income's latest quarterly earnings report revealed an EPS of $1.05, slightly missing analysts' expectations, while also posting revenues of $1.34 billion, an increase of 5.3% year-over-year.
• The company announced a dividend of $0.269 per share, with a payout ratio of 312.62%, reflecting its strategy as a monthly dividend company.

ASR Vermogensbeheer N.V. acquired a new stake in shares of Realty Income Corporation (NYSE:O - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,399 shares of the real estate investment trust's stock, valued at approximately $371,000.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC increased its stake in shares of Realty Income by 11.2% in the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust's stock valued at $326,000 after purchasing an additional 615 shares in the last quarter. Shelton Capital Management increased its stake in shares of Realty Income by 41.1% in the 4th quarter. Shelton Capital Management now owns 4,933 shares of the real estate investment trust's stock valued at $263,000 after purchasing an additional 1,437 shares in the last quarter. Bank of Nova Scotia increased its stake in shares of Realty Income by 6.5% in the 4th quarter. Bank of Nova Scotia now owns 125,245 shares of the real estate investment trust's stock valued at $6,689,000 after purchasing an additional 7,655 shares in the last quarter. Advisory Services Network LLC increased its stake in shares of Realty Income by 10.4% in the 4th quarter. Advisory Services Network LLC now owns 30,917 shares of the real estate investment trust's stock valued at $1,651,000 after purchasing an additional 2,921 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Realty Income by 10.1% in the 4th quarter. Bessemer Group Inc. now owns 7,671 shares of the real estate investment trust's stock valued at $410,000 after purchasing an additional 702 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on O shares. UBS Group cut their price target on Realty Income from $64.00 to $62.00 and set a "buy" rating for the company in a research note on Tuesday, May 13th. Wolfe Research lowered Realty Income from an "outperform" rating to a "peer perform" rating in a research note on Monday, July 14th. Barclays reiterated an "overweight" rating on shares of Realty Income in a research note on Tuesday, April 22nd. Wedbush reiterated a "neutral" rating and set a $61.00 price objective on shares of Realty Income in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. cut their price objective on Realty Income from $64.00 to $61.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Realty Income presently has a consensus rating of "Hold" and an average price target of $61.36.

Realty Income Trading Down 0.0%

O traded down $0.01 during trading hours on Monday, reaching $57.43. The company's stock had a trading volume of 3,607,494 shares, compared to its average volume of 5,364,485. Realty Income Corporation has a fifty-two week low of $50.71 and a fifty-two week high of $64.88. The stock has a market cap of $52.51 billion, a PE ratio of 55.76, a P/E/G ratio of 4.04 and a beta of 0.76. The business's 50-day moving average is $57.21 and its 200-day moving average is $56.46. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.85 and a quick ratio of 1.85.

Realty Income (NYSE:O - Get Free Report) last released its earnings results on Wednesday, August 6th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.06 by ($0.01). The company had revenue of $1.34 billion during the quarter, compared to analysts' expectations of $1.33 billion. Realty Income had a net margin of 16.77% and a return on equity of 2.34%. The company's revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter last year, the business posted $1.07 earnings per share. As a group, equities research analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The company also recently disclosed a aug 25 dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be issued a dividend of $0.269 per share. The ex-dividend date of this dividend is Friday, August 1st. This represents a dividend yield of 570.0%. Realty Income's dividend payout ratio (DPR) is presently 313.59%.

Realty Income Company Profile

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust ("REIT"), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.