Allworth Financial LP Has $18.55 Million Position in Realty Income Corporation $O

Allworth Financial LP trimmed its position in Realty Income Corporation (NYSE:O) by 3.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 305,142 shares of the real estate investment trust’s stock after selling 10,124 shares during the quarter. Allworth Financial LP’s holdings in Realty Income were worth $18,550,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Stance Capital LLC acquired a new stake in shares of Realty Income during the third quarter worth $27,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Realty Income in the third quarter valued at about $29,000. Strengthening Families & Communities LLC increased its position in 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 worth $30,000 after acquiring an additional 422 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in Realty Income during the second quarter worth about $31,000. Finally, Country Trust Bank raised its stake in Realty Income by 806.5% in the 2nd quarter. Country Trust Bank now owns 562 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 500 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Performance

Shares of Realty Income stock opened at $63.00 on Thursday. 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 company has a market cap of $58.74 billion, a PE ratio of 53.85, a price-to-earnings-growth ratio of 4.74 and a beta of 0.77. The company has a 50 day moving average of $63.34 and a 200-day moving average of $60.01. Realty Income Corporation has a 1-year low of $50.71 and a 1-year high of $67.93.

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 (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 business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the firm posted $1.05 earnings per share. The firm’s quarterly 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. As a group, equities research analysts forecast 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. Stockholders of record on Tuesday, March 31st will be paid a $0.2705 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Tuesday, March 31st. This is a positive change from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio is 276.92%.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Wall Street Zen raised shares of Realty Income from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Scotiabank lifted their price target 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. Freedom Capital cut Realty Income from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Barclays increased their price target 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. Finally, Stifel Nicolaus raised their price objective on Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $66.39.

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.