E. Ohman J or Asset Management AB Buys Shares of 31,331 Realty Income Corporation $O

E. Ohman J or Asset Management AB purchased a new position in shares of Realty Income Corporation (NYSE:O) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 31,331 shares of the real estate investment trust’s stock, valued at approximately $1,766,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in Realty Income during the second quarter worth about $676,500,000. Vanguard Group Inc. grew its stake in shares of Realty Income by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 149,730,338 shares of the real estate investment trust’s stock valued at $9,102,107,000 after buying an additional 3,594,127 shares during the period. Schroder Investment Management Group increased its holdings in shares of Realty Income by 420.0% during the 2nd quarter. Schroder Investment Management Group now owns 2,139,550 shares of the real estate investment trust’s stock worth $123,259,000 after buying an additional 1,728,082 shares during the last quarter. State Street Corp increased its holdings in shares of Realty Income by 2.1% during the 3rd quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock worth $3,831,526,000 after buying an additional 1,295,936 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Realty Income by 402.3% during the 2nd quarter. First Trust Advisors LP now owns 1,200,389 shares of the real estate investment trust’s stock valued at $69,154,000 after buying an additional 961,416 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

O has been the topic of a number of recent analyst reports. UBS Group upped their price objective on Realty Income from $66.00 to $72.00 and gave the company a “buy” rating in a report on Monday, March 9th. Scotiabank upped their target price on shares of Realty Income from $67.00 to $69.00 and gave the company a “sector outperform” rating in a research report on Wednesday, March 11th. Evercore reissued a “positive” rating on shares of Realty Income in a research note on Wednesday, February 25th. Stifel Nicolaus upped their price objective on shares of Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Finally, Wells Fargo & Company increased their price objective on shares of Realty Income from $59.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $66.39.

Realty Income Stock Down 0.7%

Shares of NYSE:O opened at $60.40 on Wednesday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.72. Realty Income Corporation has a fifty-two week low of $50.71 and a fifty-two week high of $67.93. The stock has a market cap of $56.31 billion, a price-to-earnings ratio of 51.62, a price-to-earnings-growth ratio of 4.50 and a beta of 0.77. The firm’s 50 day moving average price is $63.55 and its 200 day moving average price is $60.11.

Realty Income (NYSE:O) last announced its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share 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 business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the business earned $1.05 EPS. The company’s revenue was up 11.0% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. As a group, equities research analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The firm also recently declared 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. 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 5.4%. The ex-dividend date is Tuesday, March 31st. Realty Income’s payout ratio is 276.92%.

Realty Income Company 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.