Raiffeisen Bank International AG Has $716,000 Position in Realty Income Corporation (NYSE:O)

Raiffeisen Bank International AG increased its position in Realty Income Corporation (NYSE:O - Free Report) by 246.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,650 shares of the real estate investment trust's stock after buying an additional 8,996 shares during the period. Raiffeisen Bank International AG's holdings in Realty Income were worth $716,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. PSI Advisors LLC grew its holdings in Realty Income by 78.3% during the first quarter. PSI Advisors LLC now owns 574 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 252 shares during the last quarter. Fourth Dimension Wealth LLC bought a new stake in shares of Realty Income in the fourth quarter valued at approximately $34,000. FSC Wealth Advisors LLC boosted its position in shares of Realty Income by 288.0% in the first quarter. FSC Wealth Advisors LLC now owns 613 shares of the real estate investment trust's stock valued at $36,000 after acquiring an additional 455 shares during the period. Orion Capital Management LLC bought a new stake in shares of Realty Income in the fourth quarter valued at approximately $37,000. Finally, CVA Family Office LLC boosted its position in shares of Realty Income by 52.8% in the first quarter. CVA Family Office LLC now owns 787 shares of the real estate investment trust's stock valued at $46,000 after acquiring an additional 272 shares during the period. Institutional investors and hedge funds own 70.81% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on O shares. Scotiabank increased their price objective on Realty Income from $57.00 to $58.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th. UBS Group reduced their target price on Realty Income from $64.00 to $62.00 and set a "buy" rating for the company in a research report on Tuesday, May 13th. Stifel Nicolaus raised their target price on Realty Income from $65.50 to $68.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Wolfe Research cut Realty Income from an "outperform" rating to a "peer perform" rating in a research report on Monday, July 14th. Finally, Wedbush reaffirmed a "neutral" rating and issued a $61.00 target price on shares of Realty Income in a research report on Wednesday, May 7th. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Realty Income presently has an average rating of "Hold" and a consensus target price of $61.15.

Realty Income Stock Up 1.6%

Shares of NYSE O opened at $57.47 on Tuesday. The stock has a market cap of $51.90 billion, a PE ratio of 52.24, a PEG ratio of 3.97 and a beta of 0.76. The business has a fifty day moving average of $57.14 and a two-hundred day moving average of $56.38. Realty Income Corporation has a 52-week low of $50.71 and a 52-week high of $64.88. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.74 and a current ratio of 1.74.

Realty Income (NYSE:O - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.06. Realty Income had a return on equity of 2.51% and a net margin of 18.15%. The company had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.28 billion. During the same period last year, the business earned $1.03 earnings per share. The business's revenue was up 9.5% on a year-over-year basis. As a group, equities research analysts expect that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently announced a aug 25 dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 1st will be paid a $0.269 dividend. The ex-dividend date is Friday, August 1st. This represents a dividend yield of 570.0%. Realty Income's dividend payout ratio (DPR) is 293.64%.

About Realty Income

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.

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