American Century Companies Inc. Has $213.53 Million Holdings in Realty Income Corporation $O

American Century Companies Inc. lifted its position in shares of Realty Income Corporation (NYSE:O) by 8.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,706,380 shares of the real estate investment trust’s stock after purchasing an additional 276,199 shares during the quarter. American Century Companies Inc. owned 0.41% of Realty Income worth $213,525,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Norinchukin Bank The raised its stake in shares of Realty Income by 9.7% in the first quarter. Norinchukin Bank The now owns 84,968 shares of the real estate investment trust’s stock worth $4,929,000 after purchasing an additional 7,497 shares during the last quarter. Trust Co. of Vermont grew its holdings in Realty Income by 2.7% during the second quarter. Trust Co. of Vermont now owns 262,700 shares of the real estate investment trust’s stock worth $15,134,000 after buying an additional 6,885 shares in the last quarter. Community Bank of Raymore grew its holdings in Realty Income by 19.7% during the first quarter. Community Bank of Raymore now owns 148,864 shares of the real estate investment trust’s stock worth $8,636,000 after buying an additional 24,467 shares in the last quarter. Venture Visionary Partners LLC raised its position in Realty Income by 6.2% in the 1st quarter. Venture Visionary Partners LLC now owns 142,496 shares of the real estate investment trust’s stock valued at $8,266,000 after buying an additional 8,297 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Realty Income by 0.4% during the 1st quarter. Invesco Ltd. now owns 11,421,973 shares of the real estate investment trust’s stock valued at $662,589,000 after acquiring an additional 48,024 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors.

Realty Income Stock Up 0.6%

Shares of NYSE O opened at $56.62 on Monday. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $61.08. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $52.09 billion, a price-to-earnings ratio of 54.97, a PEG ratio of 4.46 and a beta of 0.77. The business has a 50-day moving average of $58.75 and a 200-day moving average of $57.85.

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 analysts’ consensus estimates of $1.07 by $0.01. Realty Income had a net margin of 16.77% and a return on equity of 2.34%. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same period last year, the firm posted $1.05 earnings per share. Realty Income’s quarterly 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. Sell-side analysts expect that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be given a $0.2695 dividend. 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 299.07%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on O. Scotiabank boosted their target price on Realty Income from $58.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Royal Bank Of Canada boosted their price objective on Realty Income from $60.00 to $61.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 4th. Evercore ISI began coverage on Realty Income in a research report on Wednesday, October 1st. They set an “in-line” rating and a $62.00 target price for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Realty Income in a report on Wednesday. Finally, Wall Street Zen upgraded shares of Realty Income from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $62.33.

Insider Transactions at Realty Income

In related news, Director Mary Hogan Preusse sold 11,000 shares of the stock in a transaction 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 owned 19,211 shares of the company’s stock, valued at $1,160,920.73. This represents a 36.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

About Realty Income

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.