Realty Income Corporation $O Shares Sold by Advisors Management Group Inc. ADV

Advisors Management Group Inc. ADV lowered its stake in Realty Income Corporation (NYSE:O) by 12.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 133,181 shares of the real estate investment trust’s stock after selling 18,500 shares during the period. Realty Income accounts for approximately 1.4% of Advisors Management Group Inc. ADV’s holdings, making the stock its 19th biggest holding. Advisors Management Group Inc. ADV’s holdings in Realty Income were worth $8,096,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. State Street Corp boosted its holdings in shares of Realty Income by 1.1% during the second quarter. State Street Corp now owns 61,732,956 shares of the real estate investment trust’s stock valued at $3,556,436,000 after acquiring an additional 676,697 shares during the period. OLD National Bancorp IN acquired a new stake in shares of Realty Income in the 3rd quarter worth about $3,391,000. ProShare Advisors LLC increased its holdings in shares of Realty Income by 5.3% in the 3rd quarter. ProShare Advisors LLC now owns 3,067,894 shares of the real estate investment trust’s stock worth $186,497,000 after acquiring an additional 155,677 shares during the period. Federated Hermes Inc. lifted its position in Realty Income by 13.1% in the 2nd quarter. Federated Hermes Inc. now owns 2,669,031 shares of the real estate investment trust’s stock valued at $153,763,000 after purchasing an additional 309,902 shares during the last quarter. Finally, Allied Investment Advisors LLC acquired a new position in Realty Income during the 3rd quarter valued at about $10,870,000. Institutional investors own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Evercore reissued a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th. Freedom Capital lowered Realty Income from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Wall Street Zen raised Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Barclays raised their price target on Realty Income from $64.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, March 13th. Finally, Cantor Fitzgerald lifted their price objective on shares of Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, February 27th. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $66.39.

Realty Income Stock Down 1.7%

NYSE O opened at $63.00 on Thursday. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $67.93. The company has a market capitalization of $58.74 billion, a P/E ratio of 53.85, a PEG ratio of 4.74 and a beta of 0.77. The company’s 50 day simple moving average is $63.34 and its 200 day simple moving average is $60.01. 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 (NYSE:O) last posted its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.08. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Equities research analysts expect that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.2705 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, March 31st. This is a positive change from Realty Income’s previous monthly dividend of $0.27. 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.