Schroder Investment Management Group Has $107.68 Million Holdings in Realty Income Corporation $O

Key Points

• Schroder Investment Management Group cut its stake in Realty Income by 16.9% in Q3, selling 361,197 shares and ending the period with 1,778,353 shares worth about $107.68 million (roughly 0.19% of the company).
• Realty Income declared a monthly dividend of $0.27 per share (ex-dividend Feb 27, payable Mar 13), implying a ~5.0% yield and a high payout ratio of 276.92%.
• Analysts have a consensus "Hold" rating with an average price target of $65.61, while the company set FY2026 EPS guidance at $4.38–$4.42 and street estimates for the current year average $4.19.

Schroder Investment Management Group lessened its holdings in Realty Income Corporation (NYSE:O - Free Report) by 16.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,778,353 shares of the real estate investment trust's stock after selling 361,197 shares during the period. Schroder Investment Management Group owned 0.19% of Realty Income worth $107,679,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Crescent Sterling Ltd. lifted its position in shares of Realty Income by 4.1% in the 3rd quarter. Crescent Sterling Ltd. now owns 4,515 shares of the real estate investment trust's stock worth $274,000 after acquiring an additional 176 shares during the period. Gold Investment Management Ltd. increased its holdings in shares of Realty Income by 0.3% during the third quarter. Gold Investment Management Ltd. now owns 56,665 shares of the real estate investment trust's stock worth $3,445,000 after buying an additional 182 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Realty Income by 21.3% during the third quarter. Hantz Financial Services Inc. now owns 1,097 shares of the real estate investment trust's stock worth $67,000 after purchasing an additional 193 shares during the last quarter. HBK Sorce Advisory LLC increased its position in Realty Income by 1.3% in the 3rd quarter. HBK Sorce Advisory LLC now owns 15,578 shares of the real estate investment trust's stock valued at $926,000 after acquiring an additional 195 shares in the last quarter. Finally, Code Waechter LLC increased its holdings in shares of Realty Income by 2.2% in the third quarter. Code Waechter LLC now owns 9,016 shares of the real estate investment trust's stock valued at $530,000 after purchasing an additional 196 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on O. Loop Capital set a $69.00 price objective on shares of Realty Income in a report on Monday, March 2nd. Stifel Nicolaus boosted their target price on Realty Income from $67.75 to $70.50 and gave the company a "buy" rating in a research note on Wednesday, February 25th. Cantor Fitzgerald upped their target price on Realty Income from $60.00 to $68.00 and gave the stock a "neutral" rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Realty Income from a "hold" rating to a "buy" rating and set a $69.00 price target for the company in a research note on Tuesday, January 20th. Finally, Mizuho reduced their target price on Realty Income from $63.00 to $60.00 and set a "neutral" rating for the company in a research note on Wednesday, December 17th. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $65.61.

Realty Income Stock Down 0.2%

Shares of NYSE O opened at $64.87 on Tuesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.40 and a quick ratio of 1.40. Realty Income Corporation has a 1 year low of $50.71 and a 1 year high of $67.93. The firm has a market cap of $60.49 billion, a PE ratio of 55.45, a price-to-earnings-growth ratio of 3.87 and a beta of 0.77. The company has a 50 day simple moving average of $62.32 and a 200 day simple moving average of $59.73.

Realty Income (NYSE:O - Get Free Report) last announced its earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 EPS for the quarter, meeting the consensus estimate of $1.08. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the company earned $1.05 EPS. The firm's revenue for the quarter was up 11.0% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be paid a $0.27 dividend. The ex-dividend date is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.0%. Realty Income's payout ratio is presently 276.92%.

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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