Realty Income Corporation $O Stock Holdings Increased by Pacer Advisors Inc.

Key Points

• Pacer Advisors Inc. increased its Realty Income stake by 25.9% in the fourth quarter, buying an additional 18,916 shares and bringing its total holding to 91,845 shares worth about $5.18 million.
• Realty Income reported better-than-expected quarterly results, with EPS of $1.13 versus the $1.10 consensus and revenue of $1.55 billion, up 12.2% from a year earlier.
• The REIT announced a slightly higher monthly dividend of $0.271 per share, and analysts currently have a consensus rating of Hold with an average price target of $66.75.

Pacer Advisors Inc. increased its stake in shares of Realty Income Corporation (NYSE:O - Free Report) by 25.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 91,845 shares of the real estate investment trust's stock after purchasing an additional 18,916 shares during the quarter. Pacer Advisors Inc.'s holdings in Realty Income were worth $5,177,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Realty Income by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust's stock valued at $8,478,910,000 after purchasing an additional 684,949 shares in the last quarter. Pensionfund PDN purchased a new stake in shares of Realty Income during the 4th quarter worth about $7,434,000. Danske Bank A S lifted its holdings in shares of Realty Income by 20.3% during the 4th quarter. Danske Bank A S now owns 568,121 shares of the real estate investment trust's stock valued at $32,025,000 after buying an additional 95,773 shares during the last quarter. E. Ohman J or Asset Management AB acquired a new stake in shares of Realty Income during the 4th quarter valued at about $1,766,000. Finally, LDR Capital Management LLC grew its stake in shares of Realty Income by 117.6% in the 4th quarter. LDR Capital Management LLC now owns 29,285 shares of the real estate investment trust's stock valued at $1,651,000 after buying an additional 15,825 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income Trading Up 0.5%

Shares of O stock opened at $60.55 on Tuesday. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The business's 50 day moving average is $62.27 and its two-hundred day moving average is $61.63. The company has a market cap of $56.46 billion, a PE ratio of 49.63, a price-to-earnings-growth ratio of 4.71 and a beta of 0.72.

Realty Income (NYSE:O - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating 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 company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the firm posted $1.06 earnings per share. The company'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. Equities analysts predict that Realty Income Corporation will post 4.44 EPS for the current year.

Realty Income Increases Dividend

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

Analysts Set New Price Targets

O has been the subject of several recent research reports. Mizuho decreased their target price on shares of Realty Income from $68.00 to $66.00 and set a "neutral" rating for the company in a research report on Wednesday, May 13th. Scotiabank reduced their price objective on shares of Realty Income from $72.00 to $67.00 and set a "sector outperform" rating for the company in a research note on Thursday, June 18th. Stifel Nicolaus upped their price objective on shares of Realty Income from $67.75 to $70.50 and gave the stock a "buy" rating in a report on Wednesday, February 25th. Royal Bank Of Canada increased their target price on shares of Realty Income from $70.00 to $71.00 and gave the stock an "outperform" rating in a research report on Thursday, May 7th. Finally, Evercore restated a "positive" rating on shares of Realty Income in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Realty Income has a consensus rating of "Hold" and a consensus target price of $66.75.

Insider Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the business's 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 transaction, the insider owned 67,641 shares of the company's stock, valued at $4,222,151.22. The trade was a 9.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

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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