Capital Investment Advisors LLC Purchases 12,715 Shares of Realty Income Corporation $O

Capital Investment Advisors LLC boosted its position in shares of Realty Income Corporation (NYSE:O) by 6.7% during the 4th quarter, HoldingsChannel reports. The firm 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 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Realty Income by 2.5% in the third quarter. Vanguard Group Inc. now owns 149,730,338 shares of the real estate investment trust’s stock worth $9,102,107,000 after purchasing an additional 3,594,127 shares in the last quarter. State Street Corp lifted its position in shares of Realty Income by 2.1% during the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock valued at $3,831,526,000 after buying an additional 1,295,936 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Realty Income by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 12,671,171 shares of the real estate investment trust’s stock valued at $770,273,000 after buying an additional 433,602 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Realty Income by 1.5% in the 3rd quarter. Raymond James Financial Inc. now owns 12,186,943 shares of the real estate investment trust’s stock valued at $740,844,000 after buying an additional 175,102 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Realty Income during the 2nd quarter worth approximately $676,500,000. 70.81% of the stock is owned by institutional investors.

Realty Income Trading Up 0.8%

Shares of Realty Income stock opened at $60.73 on Friday. The firm’s 50 day simple moving average is $63.52 and its two-hundred day simple moving average is $60.12. The firm has a market capitalization of $56.62 billion, a price-to-earnings ratio of 51.90, a PEG ratio of 4.46 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 current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 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 net margin of 18.41% and a return on equity of 2.68%. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. 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. Analysts predict that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.2705 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 5.3%. This is an increase from Realty Income’s previous monthly dividend of $0.27. Realty Income’s payout ratio is presently 276.92%.

Analyst Ratings Changes

O has been the subject of a number of analyst reports. Stifel Nicolaus increased their target price on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Freedom Capital lowered shares of Realty Income from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research report on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Realty Income in a research report on Monday, December 29th. Finally, Evercore restated a “positive” rating on shares of Realty Income in a research note on Wednesday, February 25th. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $66.39.

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.