OMERS ADMINISTRATION Corp Invests $6.27 Million in Realty Income Corporation $O

Key Points

• OMERS Administration Corp. acquired 101,215 shares of Realty Income, valued at approximately $6.27 million, establishing a new position during the second quarter. Institutional investors and hedge funds collectively own 70.81% of the company.
• Analysts maintain a generally positive outlook, with Realty Income receiving a consensus rating of “Moderate Buy” and an average price target of $67.42.
• Realty Income reported quarterly EPS of $1.09, in line with estimates, while revenue rose 9.7% year over year to $1.55 billion. The REIT also declared a monthly dividend of $0.271 per share, representing an annualized yield of about 5.1%.

OMERS ADMINISTRATION Corp bought a new position in shares of Realty Income Corporation (NYSE:O - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 101,215 shares of the real estate investment trust's stock, valued at approximately $6,271,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. EFG International AG acquired a new stake in Realty Income during the fourth quarter worth approximately $26,000. Dunhill Financial LLC acquired a new position in shares of Realty Income in the second quarter valued at approximately $27,000. Evolution Wealth Management Inc. increased its stake in shares of 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 worth $28,000 after purchasing an additional 360 shares during the period. Quattro Advisors LLC bought a new position in shares of Realty Income during the fourth quarter worth approximately $29,000. Finally, Sankala Group LLC acquired a new stake in Realty Income during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 70.81% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on O shares. UBS Group set a $67.00 price target on Realty Income in a research note on Thursday, June 18th. Freedom Capital raised Realty Income from a "hold" rating to a "strong-buy" rating in a report on Monday, May 11th. Morgan Stanley set a $67.00 target price on shares of Realty Income in a research report on Monday, April 27th. Jefferies Financial Group initiated coverage on shares of Realty Income in a research note on Monday, June 1st. They issued a "buy" rating and a $69.00 price target on the stock. Finally, Wells Fargo & Company lifted their price objective on shares of Realty Income from $64.00 to $65.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $67.42.

Realty Income Stock Performance

NYSE O opened at $63.16 on Tuesday. The firm's 50 day simple moving average is $63.20 and its 200 day simple moving average is $63.19. The firm has a market capitalization of $59.77 billion, a price-to-earnings ratio of 46.10, a P/E/G ratio of 4.44 and a beta of 0.71. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93.

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 the consensus estimate of $1.09. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The company's revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, research analysts expect that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.271 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. Realty Income's payout ratio is 237.23%.

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.

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