Aberdeen Group plc Acquires 56,476 Shares of Realty Income Corporation $O

Aberdeen Group plc lifted its holdings in shares of Realty Income Corporation (NYSE:OFree Report) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,001,430 shares of the real estate investment trust’s stock after purchasing an additional 56,476 shares during the quarter. Aberdeen Group plc owned approximately 0.22% of Realty Income worth $112,821,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Stance Capital LLC acquired a new stake in shares of Realty Income in the third quarter worth about $27,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Realty Income during the 3rd quarter valued at about $29,000. Strengthening Families & Communities LLC increased its holdings in shares of Realty Income by 586.1% during the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 422 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Realty Income in the 2nd quarter valued at approximately $31,000. Finally, Ameriflex Group Inc. lifted its holdings in Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 215 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Insider Activity

In related news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the completion of the transaction, the insider directly owned 67,641 shares of the company’s stock, valued at $4,222,151.22. This trade represents a 9.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on O shares. UBS Group increased their price target 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 price objective on shares of Realty Income from $67.00 to $69.00 and gave the stock a “sector outperform” rating in a report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Realty Income in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft upgraded shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a report on Tuesday, January 20th. Finally, Cantor Fitzgerald raised their price target on Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a research report on Friday, February 27th. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $66.39.

Check Out Our Latest Analysis on Realty Income

Realty Income Price Performance

NYSE:O opened at $62.23 on Friday. 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 Corporation has a one year low of $50.71 and a one year high of $67.93. The company has a fifty day moving average price of $63.53 and a 200 day moving average price of $60.17. The stock has a market cap of $58.03 billion, a P/E ratio of 53.19, a PEG ratio of 4.69 and a beta of 0.79.

Realty Income (NYSE:OGet Free Report) 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. 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 analyst estimates of $1.40 billion. During the same period last year, the business posted $1.05 EPS. The business’s quarterly 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. Analysts anticipate that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.2705 per share. This represents a c) annualized dividend and a dividend yield of 5.2%. 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. Realty Income’s payout ratio is 277.78%.

More Realty Income News

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About Realty Income

(Free Report)

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.

See Also

Want to see what other hedge funds are holding O? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Corporation (NYSE:OFree Report).

Institutional Ownership by Quarter for Realty Income (NYSE:O)

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