AlphaQuest LLC Has $1.67 Million Position in Realty Income Corporation $O

AlphaQuest LLC lessened its holdings in shares of Realty Income Corporation (NYSE:O) by 42.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 29,561 shares of the real estate investment trust’s stock after selling 21,758 shares during the period. AlphaQuest LLC’s holdings in Realty Income were worth $1,666,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position 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 acquiring an additional 3,594,127 shares in the last quarter. State Street Corp grew its position in Realty Income by 2.1% in the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock worth $3,831,526,000 after acquiring an additional 1,295,936 shares in the last quarter. Barclays PLC grew its position in Realty Income by 52.7% in the third quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock worth $166,672,000 after acquiring an additional 946,815 shares in the last quarter. Legal & General Group Plc grew its position in Realty Income by 8.3% in the fourth quarter. Legal & General Group Plc now owns 10,699,509 shares of the real estate investment trust’s stock worth $603,131,000 after acquiring an additional 823,489 shares in the last quarter. Finally, Aew Capital Management L P grew its position in Realty Income by 44.5% in the third quarter. Aew Capital Management L P now owns 2,139,078 shares of the real estate investment trust’s stock worth $130,035,000 after acquiring an additional 658,910 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Trading Down 0.4%

NYSE:O opened at $62.22 on Thursday. Realty Income Corporation has a 12 month low of $55.52 and a 12 month high of $67.93. The firm has a market cap of $58.02 billion, a price-to-earnings ratio of 51.00, a P/E/G ratio of 4.87 and a beta of 0.75. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The company’s 50 day moving average is $62.56 and its 200-day moving average is $61.12.

Realty Income (NYSE:O) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the firm posted $1.06 earnings per share. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.2705 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. Realty Income’s dividend payout ratio (DPR) is currently 266.39%.

Analysts Set New Price Targets

Several research firms have commented on O. Weiss Ratings reissued a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. Cantor Fitzgerald boosted their target price on shares of Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Friday, February 27th. Scotiabank reissued an “outperform” rating on shares of Realty Income in a research report on Tuesday, May 12th. Loop Capital set a $69.00 price target on Realty Income in a report on Monday, March 2nd. Finally, Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $67.35.

Insider Activity at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of Realty Income stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider owned 67,641 shares of the company’s stock, valued at $4,222,151.22. This trade represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

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.