Barclays PLC Trims Stake in Realty Income Corporation $O

Barclays PLC lessened its stake in shares of Realty Income Corporation (NYSE:O) by 20.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,190,863 shares of the real estate investment trust’s stock after selling 550,903 shares during the quarter. Barclays PLC’s holdings in Realty Income were worth $123,499,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of O. Stance Capital LLC acquired a new stake in shares of Realty Income in the 3rd quarter worth $27,000. Evolution Wealth Management Inc. lifted its position in Realty Income by 257.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 360 shares during the period. Quattro Advisors LLC acquired a new stake in Realty Income during the 4th quarter worth about $29,000. Ameriflex Group Inc. lifted its position in Realty Income by 68.7% during the 3rd 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 during the period. Finally, FNY Investment Advisers LLC lifted its position in Realty Income by 622.2% during the 4th 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 during the period. Institutional investors own 70.81% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on O shares. Wall Street Zen raised Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Loop Capital set a $69.00 price target on Realty Income in a research report on Monday, March 2nd. UBS Group raised Realty Income to a “hold” rating in a research report on Monday, June 1st. Jefferies Financial Group began coverage on Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price objective for the company. Finally, Stifel Nicolaus lifted their price objective on Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research note on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Realty Income presently has a consensus rating of “Hold” and an average target price of $67.46.

Realty Income Trading Down 1.0%

O opened at $62.11 on Tuesday. Realty Income Corporation has a one year low of $55.86 and a one year high of $67.93. The stock has a market capitalization of $57.92 billion, a PE ratio of 50.91, a P/E/G ratio of 4.91 and a beta of 0.73. The business’s 50 day moving average price is $62.43 and its 200 day moving average price is $61.51. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.

Realty Income (NYSE:O) last released its quarterly earnings data 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 return on equity of 2.80% and a net margin of 18.94%.The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the prior year, the firm posted $1.06 earnings per share. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities research analysts expect that Realty Income Corporation will post 4.44 EPS for the current year.

Realty Income Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.271 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This is a positive change from Realty Income’s previous monthly dividend of $0.27. This represents a c) dividend on an annualized basis and a yield of 5.2%. Realty Income’s dividend payout ratio is presently 266.39%.

Insider Transactions at Realty Income

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 sale, the insider owned 67,641 shares of the company’s stock, valued at $4,222,151.22. The trade was a 9.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is currently owned by 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.