Clear Trail Advisors LLC Invests $3.52 Million in Realty Income Corporation $O

Clear Trail Advisors LLC bought a new stake in Realty Income Corporation (NYSE:O) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 62,391 shares of the real estate investment trust’s stock, valued at approximately $3,517,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its position in 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 valued at $326,000 after purchasing an additional 615 shares during the last quarter. Bison Wealth LLC bought a new stake in shares of Realty Income during the fourth quarter worth $571,000. Empowered Funds LLC grew its holdings in shares of Realty Income by 8.0% during the first quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock worth $1,041,000 after purchasing an additional 1,330 shares during the last quarter. Woodline Partners LP increased its stake in shares of Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock valued at $4,289,000 after buying an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC increased its stake in shares of Realty Income by 14.9% in the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after buying an additional 3,290 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on O. Wall Street Zen upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Morgan Stanley raised their price objective on shares of Realty Income from $62.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 24th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $61.00 target price on shares of Realty Income in a research report on Thursday, December 18th. Royal Bank Of Canada increased their price target on shares of Realty Income from $61.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Finally, Scotiabank raised their price target on shares of Realty Income from $67.00 to $69.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 11th. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $66.39.

Realty Income Price Performance

Shares of O stock opened at $60.81 on Tuesday. The stock has a 50-day moving average price of $63.52 and a 200 day moving average price of $60.10. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.72. The firm has a market cap of $56.70 billion, a price-to-earnings ratio of 51.98, a PEG ratio of 4.51 and a beta of 0.77. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $67.93.

Realty Income (NYSE:O) last released its earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.08. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the company posted $1.05 EPS. The company’s revenue 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. Research analysts expect that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.2705 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This is a boost from Realty Income’s previous monthly dividend of $0.27. This represents a c) dividend on an annualized basis and a yield of 5.3%. Realty Income’s payout ratio is 276.92%.

About Realty Income

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.