ABN Amro Investment Solutions Buys New Shares in Realty Income Corporation $O

ABN Amro Investment Solutions purchased a new position in shares of Realty Income Corporation (NYSE:O) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,231,374 shares of the real estate investment trust’s stock, valued at approximately $70,939,000. Realty Income comprises 1.4% of ABN Amro Investment Solutions’ investment portfolio, making the stock its 17th largest holding. ABN Amro Investment Solutions owned 0.14% of Realty Income at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC raised its position in shares of Realty Income by 11.2% in 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 period. Bison Wealth LLC acquired a new stake in Realty Income during the fourth quarter worth about $571,000. Cerity Partners LLC raised its holdings in shares of Realty Income by 12.2% in the 1st quarter. Cerity Partners LLC now owns 97,764 shares of the real estate investment trust’s stock worth $5,671,000 after purchasing an additional 10,635 shares during the period. Stephens Inc. AR raised its holdings in shares of Realty Income by 38.0% in the 1st quarter. Stephens Inc. AR now owns 15,635 shares of the real estate investment trust’s stock worth $907,000 after purchasing an additional 4,309 shares during the period. Finally, CWM LLC lifted its stake in shares of Realty Income by 80.9% in the 1st quarter. CWM LLC now owns 137,685 shares of the real estate investment trust’s stock valued at $7,987,000 after purchasing an additional 61,583 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Performance

Realty Income stock opened at $56.93 on Thursday. Realty Income Corporation has a 12-month low of $50.71 and a 12-month high of $61.08. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.85 and a quick ratio of 1.85. The company has a market capitalization of $52.37 billion, a price-to-earnings ratio of 55.28, a price-to-earnings-growth ratio of 4.46 and a beta of 0.77. The firm’s fifty day moving average price is $59.13 and its 200 day moving average price is $57.86.

Realty Income (NYSE:O) last announced its earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.01. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period last year, the firm earned $1.05 earnings per share. The company’s revenue was up 10.5% on a year-over-year basis. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. On average, research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be issued a dividend of $0.2695 per share. The ex-dividend date is Friday, November 28th. This represents a c) annualized dividend and a yield of 5.7%. Realty Income’s payout ratio is currently 299.07%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on O. Wall Street Zen raised shares of Realty Income from a “strong sell” rating to a “hold” rating in a research report on Monday. Royal Bank Of Canada boosted their price objective on shares of Realty Income from $60.00 to $61.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Mizuho increased their price objective on shares of Realty Income from $60.00 to $63.00 and gave the stock a “neutral” rating in a research report on Thursday, September 11th. Cantor Fitzgerald cut their target price on shares of Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Realty Income in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, Realty Income has a consensus rating of “Hold” and a consensus price target of $62.33.

Insider Activity

In other Realty Income news, Director Mary Hogan Preusse sold 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total value of $664,730.00. Following the transaction, the director directly owned 19,211 shares of the company’s stock, valued at $1,160,920.73. This represents a 36.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.10% of the stock is currently owned by insiders.

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.