Realty Income Corporation $O Stake Lowered by Choreo LLC

Choreo LLC cut its stake in shares of Realty Income Corporation (NYSE:O) by 23.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,698 shares of the real estate investment trust’s stock after selling 8,257 shares during the quarter. Choreo LLC’s holdings in Realty Income were worth $1,522,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Stance Capital LLC bought a new position in shares of Realty Income during the third quarter valued at approximately $27,000. Heartwood Wealth Advisors LLC bought a new position in shares of Realty Income during the third quarter valued at approximately $29,000. Strengthening Families & Communities LLC grew its holdings in shares of Realty Income by 586.1% during the third quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 422 shares during the last quarter. Ameriflex Group Inc. grew its holdings in shares of Realty Income by 68.7% during the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 215 shares during the last quarter. Finally, FNY Investment Advisers LLC grew its holdings in shares of Realty Income by 622.2% during the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 560 shares during the last quarter. 70.81% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

O has been the subject of several analyst reports. Barclays boosted their price objective on Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Friday, March 13th. Deutsche Bank Aktiengesellschaft upgraded Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research report on Tuesday, January 20th. Freedom Capital downgraded Realty Income from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a research report on Friday. Finally, Loop Capital set a $69.00 price objective on Realty Income in a research report on Monday, March 2nd. Six research 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’s stock. According to MarketBeat, Realty Income currently has an average rating of “Hold” and a consensus target price of $66.39.

Realty Income Stock Performance

Shares of NYSE O opened at $63.81 on Wednesday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $63.88 and a 200-day simple moving average of $60.35. The company has a market cap of $59.50 billion, a PE ratio of 54.54, a P/E/G ratio of 4.69 and a beta of 0.79. Realty Income Corporation has a 12-month low of $54.38 and a 12-month high of $67.93.

Realty Income (NYSE:O) last issued its quarterly earnings data 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 business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The business’s revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, equities research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.2705 dividend. This represents a c) dividend on an annualized basis and a yield of 5.1%. This is a positive change from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date is Tuesday, March 31st. Realty Income’s payout ratio is currently 277.78%.

Insiders Place Their Bets

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction that occurred 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 sale, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is owned by company insiders.

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.