Universal Beteiligungs und Servicegesellschaft mbH Buys 168,391 Shares of Realty Income Corporation (NYSE:O)

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Realty Income Corporation (NYSE:O - Free Report) by 36.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 630,217 shares of the real estate investment trust's stock after acquiring an additional 168,391 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Realty Income worth $36,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust's stock worth $326,000 after buying an additional 615 shares during the last quarter. Teacher Retirement System of Texas grew its stake in shares of Realty Income by 781.1% during the 4th quarter. Teacher Retirement System of Texas now owns 51,369 shares of the real estate investment trust's stock worth $2,744,000 after purchasing an additional 45,539 shares during the period. Millstone Evans Group LLC acquired a new stake in Realty Income in the 4th quarter valued at $34,000. LPL Financial LLC grew its stake in Realty Income by 2.9% in the 4th quarter. LPL Financial LLC now owns 2,090,335 shares of the real estate investment trust's stock valued at $111,645,000 after acquiring an additional 59,516 shares during the period. Finally, Congress Wealth Management LLC DE boosted its stake in Realty Income by 2.1% during the 4th quarter. Congress Wealth Management LLC DE now owns 13,750 shares of the real estate investment trust's stock worth $734,000 after purchasing an additional 282 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors.

Realty Income Price Performance

NYSE:O opened at $57.86 on Wednesday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.69. The stock's 50 day moving average price is $56.77 and its two-hundred day moving average price is $56.06. The firm has a market capitalization of $52.25 billion, a price-to-earnings ratio of 52.60, a P/E/G ratio of 3.96 and a beta of 0.75. Realty Income Corporation has a 12-month low of $50.71 and a 12-month high of $64.88.

Realty Income (NYSE:O - Get Free Report) last announced its earnings results on Monday, May 5th. The real estate investment trust reported $1.06 earnings per share for the quarter, hitting analysts' consensus estimates of $1.06. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a return on equity of 2.51% and a net margin of 18.15%. The firm's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.03 earnings per share. On average, analysts anticipate that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Dividend Announcement

The firm also recently disclosed a aug 25 dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 1st will be given a $0.269 dividend. This represents a dividend yield of 5.7%. The ex-dividend date is Friday, August 1st. Realty Income's dividend payout ratio (DPR) is presently 293.64%.

Analyst Ratings Changes

Several analysts recently issued reports on O shares. Mizuho boosted their price objective on shares of Realty Income from $54.00 to $59.00 and gave the company a "neutral" rating in a report on Thursday, April 3rd. Wedbush reissued a "neutral" rating and set a $61.00 price objective on shares of Realty Income in a research report on Wednesday, May 7th. Wolfe Research downgraded Realty Income from an "outperform" rating to a "peer perform" rating in a report on Monday, July 14th. Barclays reiterated an "overweight" rating on shares of Realty Income in a research note on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. cut their price objective on Realty Income from $64.00 to $61.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $61.15.

Realty Income Company Profile

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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