Andra AP fonden Purchases New Stake in Realty Income Corporation $O

Andra AP fonden acquired a new stake in shares of Realty Income Corporation (NYSE:OFree Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 136,371 shares of the real estate investment trust’s stock, valued at approximately $8,343,000.

A number of other large investors have also recently added to or reduced their stakes in O. Brighton Jones LLC lifted its holdings in Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 615 shares during the last quarter. Bison Wealth LLC bought a new stake in shares of Realty Income in the 4th quarter valued at approximately $571,000. Empowered Funds LLC raised its position in shares of Realty Income by 8.0% during the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after acquiring an additional 1,330 shares in the last quarter. Woodline Partners LP raised its position in shares of Realty Income by 41.3% during the 1st quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock valued at $4,289,000 after acquiring an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC raised its position in shares of Realty Income by 14.9% during the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after acquiring an additional 3,290 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors.

Realty Income Trading Up 0.2%

Shares of NYSE:O opened at $65.14 on Thursday. The company has a 50 day moving average of $62.31 and a 200-day moving average of $62.63. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm has a market cap of $60.74 billion, a P/E ratio of 53.39, a P/E/G ratio of 5.07 and a beta of 0.72. Realty Income Corporation has a twelve month low of $55.86 and a twelve month high of $67.93.

Realty Income (NYSE:OGet Free Report) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $1.39 billion. During the same period in the previous year, the company earned $1.06 earnings per share. Realty Income’s 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. As a group, analysts anticipate that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a $0.271 dividend. The ex-dividend date is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. Realty Income’s dividend payout ratio (DPR) is 266.39%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on O. Morgan Stanley set a $67.00 price objective on shares of Realty Income in a report on Monday, April 27th. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research report on Wednesday, July 8th. Royal Bank Of Canada lifted their price target on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Stifel Nicolaus set a $70.75 price objective on shares of Realty Income in a research report on Tuesday, June 30th. Finally, Barclays dropped their price objective on shares of Realty Income from $68.00 to $67.00 and set an “equal weight” rating on the stock in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.11.

Read Our Latest Stock Report on O

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Realty Income Profile

(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.

Further Reading

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

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