Capital Investment Advisors LLC lifted its position in Realty Income Corporation (NYSE:O – Free Report) by 6.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 202,953 shares of the real estate investment trust’s stock after buying an additional 12,715 shares during the period. Capital Investment Advisors LLC’s holdings in Realty Income were worth $11,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of the company. Stance Capital LLC bought a new stake in shares of Realty Income during the 3rd quarter valued at about $27,000. Heartwood Wealth Advisors LLC bought a new position in shares of Realty Income in the third quarter worth about $29,000. Strengthening Families & Communities LLC lifted its holdings 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 valued at $30,000 after purchasing an additional 422 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in Realty Income in the 2nd quarter worth $31,000. Finally, Ameriflex Group Inc. boosted its stake in shares of Realty Income by 68.7% in the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 215 shares during the period. Institutional investors own 70.81% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on O shares. Mizuho boosted their target price on shares of Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Wednesday, March 11th. Freedom Capital downgraded shares of Realty Income from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. UBS Group boosted their price target on shares of Realty Income from $66.00 to $72.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Scotiabank increased their target price on Realty Income from $67.00 to $69.00 and gave the company a “sector outperform” rating in a research report on Wednesday, March 11th. Finally, Royal Bank Of Canada increased their price target on shares of Realty Income from $61.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Six investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Realty Income presently has a consensus rating of “Hold” and a consensus target price of $66.39.
Realty Income Price Performance
Shares of O stock opened at $60.73 on Friday. The stock has a 50 day moving average price of $63.52 and a 200 day moving average price of $60.12. Realty Income Corporation has a 52-week low of $50.71 and a 52-week high of $67.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.40 and a current ratio of 1.40. The firm has a market capitalization of $56.62 billion, a P/E ratio of 51.90, a P/E/G ratio of 4.46 and a beta of 0.77.
Realty Income (NYSE:O – Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 EPS for the quarter, meeting the consensus estimate of $1.08. The company had revenue of $1.40 billion for 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%.Realty Income’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. As a group, sell-side analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current year.
Realty Income Increases Dividend
The business also recently disclosed 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 is a positive change from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a c) annualized dividend and a yield of 5.3%. Realty Income’s dividend payout ratio is presently 276.92%.
About Realty Income
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.
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