Advisors Management Group Inc. ADV Has $8.10 Million Stock Position in Realty Income Corporation $O

Advisors Management Group Inc. ADV reduced its position in Realty Income Corporation (NYSE:O) by 12.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 133,181 shares of the real estate investment trust’s stock after selling 18,500 shares during the period. Realty Income comprises approximately 1.4% of Advisors Management Group Inc. ADV’s holdings, making the stock its 19th largest position. Advisors Management Group Inc. ADV’s holdings in Realty Income were worth $8,096,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. State Street Corp grew its position in Realty Income by 1.1% during the 2nd quarter. State Street Corp now owns 61,732,956 shares of the real estate investment trust’s stock worth $3,556,436,000 after purchasing an additional 676,697 shares in the last quarter. OLD National Bancorp IN acquired a new stake in Realty Income during the 3rd quarter valued at $3,391,000. ProShare Advisors LLC lifted its holdings in shares of Realty Income by 5.3% in the third quarter. ProShare Advisors LLC now owns 3,067,894 shares of the real estate investment trust’s stock valued at $186,497,000 after purchasing an additional 155,677 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of Realty Income by 13.1% in the second quarter. Federated Hermes Inc. now owns 2,669,031 shares of the real estate investment trust’s stock worth $153,763,000 after buying an additional 309,902 shares during the period. Finally, Allied Investment Advisors LLC acquired a new stake in shares of Realty Income in the third quarter worth $10,870,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Barclays upped their price target on Realty Income from $64.00 to $65.00 and gave the company an “equal weight” rating in a research report on Friday, March 13th. Loop Capital set a $69.00 price objective on Realty Income in a research report on Monday, March 2nd. Cantor Fitzgerald lifted their target price on Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, February 27th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $61.00 target price on shares of Realty Income in a report on Thursday, December 18th. Finally, Evercore reissued a “positive” rating on shares of Realty Income in a research report on Wednesday, February 25th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $66.39.

Realty Income Stock Performance

Shares of NYSE O opened at $63.00 on Thursday. 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 business’s 50-day moving average price is $63.34 and its two-hundred day moving average price is $60.01. The company has a market capitalization of $58.74 billion, a P/E ratio of 53.85, a price-to-earnings-growth ratio of 4.74 and a beta of 0.77.

Realty Income (NYSE:O) last released its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share 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 the consensus estimate of $1.40 billion. During the same quarter last year, the firm earned $1.05 EPS. Realty Income’s revenue for the quarter 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 fiscal year.

Realty Income Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.2705 per share. This represents a c) annualized dividend and a 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 currently 276.92%.

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.