Fideuram Asset Management Ireland dac Takes $545,000 Position in Realty Income Corporation $O

Fideuram Asset Management Ireland dac bought a new stake in Realty Income Corporation (NYSE:O) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,578 shares of the real estate investment trust’s stock, valued at approximately $545,000.

Other hedge funds also recently modified their holdings of the company. Stance Capital LLC purchased a new stake in shares of Realty Income in the third quarter valued at $27,000. Strengthening Families & Communities LLC raised its holdings in shares of 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 in the last quarter. Ameriflex Group Inc. raised its holdings in shares of Realty Income by 68.7% during 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 in the last quarter. FNY Investment Advisers LLC raised its holdings in shares of Realty Income by 622.2% during the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 560 shares in the last quarter. Finally, Costello Asset Management INC purchased a new stake in shares of Realty Income during the fourth quarter worth $37,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Trading Down 0.6%

Realty Income stock opened at $61.31 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $57.17 billion, a price-to-earnings ratio of 50.25, a PEG ratio of 4.78 and a beta of 0.75. Realty Income Corporation has a one year low of $55.52 and a one year high of $67.93. The company’s fifty day moving average price is $62.48 and its two-hundred day moving average price is $61.16.

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

Realty Income Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a dividend of $0.2705 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, May 29th. Realty Income’s dividend payout ratio is presently 266.39%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Scotiabank reiterated an “outperform” rating on shares of Realty Income in a report on Tuesday, May 12th. Morgan Stanley set a $67.00 price objective on Realty Income in a report on Monday, April 27th. UBS Group increased their price objective on Realty Income from $66.00 to $72.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Evercore reiterated a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th. Finally, Wall Street Zen upgraded Realty Income from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. One research 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 given a Sell rating to the company. According to data from MarketBeat.com, Realty Income currently has an average rating of “Hold” and a consensus target price of $67.35.

Insider Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total transaction of $461,908.00. Following the transaction, the insider directly owned 67,641 shares of the company’s stock, valued at $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.10% of the stock is owned by insiders.

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.