N.E.W. Advisory Services LLC Takes $1.52 Million Position in Realty Income Corporation $O

Key Points

• N.E.W. Advisory Services LLC acquired 24,597 shares of Realty Income in the second quarter, valued at approximately $1.52 million. Institutional investors collectively own 70.81% of the REIT.
• Realty Income reported quarterly EPS of $1.09, matching analyst expectations, while revenue rose 9.7% year over year to $1.55 billion, exceeding estimates of $1.40 billion.
• The company paid a monthly dividend of $0.271 per share, representing an annualized yield of about 5.2%. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $67.42.

N.E.W. Advisory Services LLC acquired a new position in Realty Income Corporation (NYSE:O - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,597 shares of the real estate investment trust's stock, valued at approximately $1,524,000.

Other large investors have also modified their holdings of the company. EFG International AG bought a new position in Realty Income in the 4th quarter worth $26,000. Evolution Wealth Management Inc. boosted its holdings in Realty Income by 257.1% during the fourth 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 bought a new stake in Realty Income during the fourth quarter valued at about $29,000. Sankala Group LLC bought a new position in shares of Realty Income in the fourth quarter worth about $32,000. Finally, Canton Hathaway LLC acquired a new position in shares of Realty Income during the 1st quarter worth about $40,000. 70.81% of the stock is owned by institutional investors.

Realty Income Stock Performance

NYSE O opened at $62.75 on Monday. Realty Income Corporation has a twelve month low of $55.86 and a twelve month high of $67.93. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The stock has a market cap of $59.38 billion, a P/E ratio of 45.80, a PEG ratio of 4.46 and a beta of 0.71. The company's 50-day simple moving average is $63.07 and its 200 day simple moving average is $63.10.

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 earnings per share (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 firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the prior year, the company posted $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. As a group, research analysts forecast that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were given a dividend of $0.271 per share. The ex-dividend date was Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. Realty Income's dividend payout ratio (DPR) is 237.23%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. UBS Group set a $67.00 price target on shares of Realty Income in a report on Thursday, June 18th. Royal Bank Of Canada reduced their price objective 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. Evercore set a $68.00 price objective on Realty Income in a report on Friday, August 7th. Stifel Nicolaus set a $70.75 price objective on Realty Income in a research report on Tuesday, June 30th. Finally, Jefferies Financial Group started coverage on Realty Income in a research note on Monday, June 1st. They issued a "buy" rating and a $69.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Realty Income currently has a consensus rating of "Moderate Buy" and an average target price of $67.42.

Realty Income Profile

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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