Capital Advisors Inc. OK Purchases 165,559 Shares of Realty Income Corporation $O

Key Points

• Capital Advisors Inc. OK increased its Realty Income stake by 19.8%, purchasing 165,559 additional shares to hold 1,000,606 shares valued at approximately $62 million. Institutional investors collectively own 70.81% of the REIT.
• Analysts maintain a generally positive outlook, with Realty Income holding a consensus “Moderate Buy” rating and an average price target of $67.42, compared with a recent share price of $62.03.
• Realty Income met quarterly EPS expectations at $1.09 and exceeded revenue estimates, while announcing a monthly dividend of $0.271 per share, representing an annualized yield of about 5.2%.

Capital Advisors Inc. OK boosted its position in Realty Income Corporation (NYSE:O - Free Report) by 19.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,000,606 shares of the real estate investment trust's stock after purchasing an additional 165,559 shares during the quarter. Capital Advisors Inc. OK owned approximately 0.11% of Realty Income worth $61,998,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. EFG International AG purchased a new stake in shares of Realty Income in the 4th quarter worth about $26,000. Dunhill Financial LLC bought a new position in shares of Realty Income in the 2nd quarter worth about $27,000. Evolution Wealth Management Inc. lifted its position in Realty Income by 257.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust's stock valued at $28,000 after acquiring an additional 360 shares during the period. Quattro Advisors LLC purchased a new position in Realty Income during the 4th quarter valued at about $29,000. Finally, Sankala Group LLC purchased a new position in Realty Income during the 4th quarter valued at about $32,000. Institutional investors own 70.81% of the company's stock.

Wall Street Analysts Forecast Growth

O has been the topic of a number of recent research reports. UBS Group set a $67.00 price objective on shares of Realty Income in a report on Thursday, June 18th. Robert W. Baird lifted their target price on shares of Realty Income from $64.00 to $65.00 and gave the company a "neutral" rating in a report on Monday, July 6th. Barclays dropped their price target on Realty Income from $68.00 to $67.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 22nd. 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. Finally, Wells Fargo & Company raised their price objective on Realty Income from $64.00 to $65.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $67.42.

Realty Income Trading Up 0.4%

Shares of NYSE:O opened at $62.03 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93. The company has a market cap of $58.69 billion, a P/E ratio of 45.28, a PEG ratio of 4.40 and a beta of 0.71. The stock's fifty day moving average price is $63.31 and its 200-day moving average price is $63.16.

Realty Income (NYSE:O - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, hitting the consensus estimate 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%.Realty Income's revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the company earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Sell-side analysts expect that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.271 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 5.2%. Realty Income's payout ratio is presently 237.23%.

Trending Headlines about Realty Income

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

• Positive Sentiment: Falling bond yields could improve the appeal of Realty Income’s dividend yield relative to fixed-income alternatives. The company’s diversified net-lease portfolio and monthly distributions make it a potential beneficiary of renewed REIT demand. Could Falling Yields Make REIT Stocks Worth a Second Look?
• Positive Sentiment: Realty Income’s rising adjusted funds from operations, high occupancy and expansion into data centers are cited as support for continued dividend durability, even though payout growth is measured. Realty Income's Dividend Growth Stays Durable: Should You Buy or Hold?
• Positive Sentiment: Several income-focused articles continue to present Realty Income as a dependable monthly dividend payer and a high-quality REIT for long-term investors, potentially supporting demand from retirees and yield-oriented shareholders. Realty Income: The Best REIT To Own
• Positive Sentiment: Options-writing strategies may offer investors a way to enhance income from Realty Income shares, although this is an investment approach rather than a change to the company’s fundamentals. Realty Income: Long-Term Income Name 'Enhanced' Via Options Writing
• Neutral Sentiment: Realty Income’s ordinary-income distributions can create a relatively high tax burden in taxable accounts, making the stock potentially more attractive in tax-advantaged accounts such as Roth IRAs. These 5 Dividend Stocks Lose the Most to Taxes Outside a Roth
• Negative Sentiment: Critics argue that Realty Income’s acquisitions and broader business expansion have not accelerated growth enough, while Lamar Advertising is viewed as having stronger acquisition execution. Lamar's Acquisition Prowess Outshines Realty Income
• Negative Sentiment: Other commentary suggests investors may find better five-year total-return potential in VICI Properties, increasing competitive pressure on Realty Income among high-yield REITs. Prediction: This High-Yield Dividend Stock Will Outperform Realty Income Over the Next 5 Years

About Realty Income

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source