Realty Income Corporation $O Shares Sold by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC trimmed its position in Realty Income Corporation (NYSE:OFree Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 210,840 shares of the real estate investment trust’s stock after selling 9,273 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Realty Income were worth $11,885,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. ProShare Advisors LLC grew 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. Vanguard Group Inc. lifted its holdings in Realty Income by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock worth $8,478,910,000 after buying an additional 684,949 shares in the last quarter. Pensionfund PDN purchased a new position in Realty Income in the 4th quarter valued at approximately $7,434,000. NEOS Investment Management LLC grew its stake in shares of Realty Income by 73.0% in the third quarter. NEOS Investment Management LLC now owns 169,839 shares of the real estate investment trust’s stock worth $10,279,000 after acquiring an additional 71,646 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Realty Income by 16.8% in the third quarter. Jones Financial Companies Lllp now owns 1,148,585 shares of the real estate investment trust’s stock worth $69,287,000 after acquiring an additional 164,839 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Insider Buying and Selling

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

Realty Income Price Performance

O stock opened at $59.87 on Wednesday. The stock has a market cap of $55.83 billion, a price-to-earnings ratio of 49.08, a PEG ratio of 4.65 and a beta of 0.72. Realty Income Corporation has a fifty-two week low of $55.52 and a fifty-two week high of $67.93. 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 business has a 50 day moving average price of $62.42 and a 200 day moving average price of $61.21.

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

Realty Income Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.2705 per share. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Friday, May 29th. Realty Income’s dividend payout ratio (DPR) is currently 266.39%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on O. Freedom Capital upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Loop Capital set a $69.00 price target on Realty Income in a report on Monday, March 2nd. Mizuho reduced their price target on Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Royal Bank Of Canada lifted their price objective on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Finally, Evercore reissued a “positive” rating on shares of Realty Income in a research report on Wednesday, February 25th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.46.

View Our Latest Stock Report on Realty Income

Realty Income News Roundup

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About Realty Income

(Free Report)

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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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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