Diversify Advisory Services LLC Buys Shares of 18,127 Realty Income Corporation $O

Diversify Advisory Services LLC bought a new position in Realty Income Corporation (NYSE:O) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 18,127 shares of the real estate investment trust’s stock, valued at approximately $1,055,000.

Several other hedge funds also recently modified their holdings of the business. Norges Bank bought a new position in shares of Realty Income in the second quarter valued at approximately $676,500,000. Vanguard Group Inc. grew its stake in Realty Income by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 146,136,211 shares of the real estate investment trust’s stock valued at $8,418,907,000 after buying an additional 3,624,852 shares during the last quarter. Geode Capital Management LLC raised its holdings in Realty Income by 8.3% in the 2nd quarter. Geode Capital Management LLC now owns 26,979,134 shares of the real estate investment trust’s stock worth $1,548,687,000 after acquiring an additional 2,058,031 shares during the period. Schroder Investment Management Group raised its holdings in Realty Income by 420.0% in 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 acquiring an additional 1,728,082 shares during the period. Finally, ABN Amro Investment Solutions acquired a new position in Realty Income during the 2nd quarter worth $70,939,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on O. Wells Fargo & Company raised their price target on Realty Income from $59.00 to $60.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Royal Bank Of Canada increased their target price on Realty Income from $61.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Mizuho dropped their price target on Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Barclays boosted their price objective on shares of Realty Income from $63.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 3rd. Finally, UBS Group upped their target price on Realty Income from $66.00 to $72.00 and gave the company a “buy” rating in a research note on Monday. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Realty Income has an average rating of “Hold” and an average price target of $65.61.

Realty Income Trading Down 0.1%

Shares of O stock opened at $64.87 on Wednesday. The company has a market capitalization of $60.49 billion, a P/E ratio of 55.44, a P/E/G ratio of 3.87 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. 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 50-day moving average price of $62.48 and a 200 day moving average price of $59.77.

Realty Income (NYSE:O) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share 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 during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter last year, the business posted $1.05 earnings per share. 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. Research analysts forecast that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 5.0%. Realty Income’s payout ratio is currently 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.