Realty Income Corporation $O Shares Sold by Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group decreased its position in Realty Income Corporation (NYSE:O) by 29.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,247 shares of the real estate investment trust’s stock after selling 6,022 shares during the quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Realty Income were worth $821,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Compagnie Lombard Odier SCmA acquired a new stake in Realty Income in the second quarter valued at approximately $25,000. Keystone Global Partners LLC acquired a new stake in Realty Income in the first quarter valued at approximately $26,000. Avion Wealth raised its holdings in Realty Income by 142.4% in the second quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 309 shares in the last quarter. Hilltop National Bank acquired a new stake in Realty Income in the second quarter valued at approximately $36,000. Finally, CBIZ Investment Advisory Services LLC raised its holdings in Realty Income by 87.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 649 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 303 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analysts Set New Price Targets

O has been the topic of several analyst reports. Scotiabank raised their target price on shares of Realty Income from $58.00 to $60.00 and gave the company a “sector perform” rating in a report on Thursday, August 28th. Evercore ISI started coverage on shares of Realty Income in a report on Wednesday, October 1st. They issued an “in-line” rating and a $62.00 target price on the stock. UBS Group raised their price objective on shares of Realty Income from $62.00 to $66.00 and gave the stock a “buy” rating in a report on Friday, August 15th. Barclays raised their price objective on shares of Realty Income from $59.00 to $63.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Realty Income in a report on Saturday. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, Realty Income has an average rating of “Hold” and an average target price of $62.58.

Realty Income Stock Performance

NYSE:O opened at $60.03 on Monday. The firm’s fifty day moving average price is $59.40 and its 200 day moving average price is $57.80. Realty Income Corporation has a 1-year low of $50.71 and a 1-year high of $63.29. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a market cap of $54.89 billion, a price-to-earnings ratio of 58.28, a price-to-earnings-growth ratio of 4.58 and a beta of 0.78.

Realty Income (NYSE:O) last released its earnings results on Wednesday, August 6th. The real estate investment trust reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.01). The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.33 billion. Realty Income had a net margin of 16.77% and a return on equity of 2.34%. Realty Income’s revenue was up 5.3% compared to the same quarter last year. During the same period last year, the business posted $1.07 EPS. On average, sell-side analysts expect that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 31st will be paid a dividend of $0.2695 per share. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, October 31st. Realty Income’s payout ratio is 313.59%.

Insider Activity

In other news, Director Mary Hogan Preusse sold 11,000 shares of Realty Income stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total transaction of $664,730.00. Following the completion of the transaction, the director owned 19,211 shares of the company’s stock, valued at $1,160,920.73. The trade was a 36.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.10% of the stock is owned by company insiders.

Realty Income Profile

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.