Realty Income Corporation $O Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its Realty Income stake by 131.7% in the first quarter, ending with 170,584 shares valued at about $10.4 million.
• Analyst sentiment on Realty Income is mixed, with a consensus rating of Hold and an average price target of $66.75. Recent updates included target changes from Barclays, Scotiabank, and Mizuho.
• Realty Income reported better-than-expected quarterly results and raised its monthly dividend to $0.271 per share, implying a 5.4% yield. The company also gave FY 2026 EPS guidance of $4.410 to $4.440.

BI Asset Management Fondsmaeglerselskab A S grew its stake in Realty Income Corporation (NYSE:O - Free Report) by 131.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 170,584 shares of the real estate investment trust's stock after acquiring an additional 96,949 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Realty Income were worth $10,436,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. EFG International AG acquired a new stake in shares of Realty Income in the fourth quarter valued at $26,000. Stance Capital LLC acquired a new position in Realty Income during the 3rd quarter worth about $27,000. Evolution Wealth Management Inc. lifted its stake 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 worth $28,000 after acquiring an additional 360 shares in the last quarter. Quattro Advisors LLC acquired a new position in Realty Income during the 4th quarter worth about $29,000. Finally, Ameriflex Group Inc. boosted its holdings in Realty Income by 68.7% during the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 215 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on O. Evercore reaffirmed a "positive" rating on shares of Realty Income in a research report on Wednesday, February 25th. Barclays increased their price target on shares of Realty Income from $65.00 to $68.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 21st. Loop Capital set a $69.00 price objective on shares of Realty Income in a report on Monday, March 2nd. Scotiabank cut their target price on shares of Realty Income from $72.00 to $67.00 and set a "sector outperform" rating on the stock in a research note on Thursday. Finally, Mizuho reduced their target price on shares of Realty Income from $68.00 to $66.00 and set a "neutral" rating on the stock in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $66.75.

Insider Activity

In other news, insider Michelle Bushore sold 7,400 shares of Realty Income stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the sale, the insider directly owned 67,641 shares of the company's stock, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company's stock.

Realty Income Price Performance

O stock opened at $60.35 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market capitalization of $56.27 billion, a P/E ratio of 49.46, a P/E/G ratio of 4.71 and a beta of 0.73. The business's 50-day moving average is $62.32 and its two-hundred day moving average is $61.61. 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 released its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the firm earned $1.06 earnings per share. The business's quarterly revenue was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Analysts anticipate that Realty Income Corporation will post 4.44 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.271 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Tuesday, June 30th. This is a positive change from Realty Income's previous monthly dividend of $0.27. Realty Income's dividend payout ratio (DPR) is 266.39%.

Realty Income Company 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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