Verus Capital Partners LLC Increases Position in Realty Income Corporation $O

Verus Capital Partners LLC increased its position in shares of Realty Income Corporation (NYSE:O) by 17.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,695 shares of the real estate investment trust’s stock after acquiring an additional 1,990 shares during the quarter. Verus Capital Partners LLC’s holdings in Realty Income were worth $789,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC grew its position in shares of Realty Income by 11.2% in the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock valued at $326,000 after purchasing an additional 615 shares during the period. Bison Wealth LLC acquired a new stake in Realty Income in the 4th quarter worth about $571,000. Brown Advisory Inc. grew its holdings in Realty Income by 26.0% in the 1st quarter. Brown Advisory Inc. now owns 11,319 shares of the real estate investment trust’s stock valued at $657,000 after buying an additional 2,339 shares during the period. Cerity Partners LLC grew its holdings in Realty Income by 12.2% in the 1st quarter. Cerity Partners LLC now owns 97,764 shares of the real estate investment trust’s stock valued at $5,671,000 after buying an additional 10,635 shares during the period. Finally, Stephens Inc. AR increased its stake in shares of Realty Income by 38.0% during the 1st quarter. Stephens Inc. AR now owns 15,635 shares of the real estate investment trust’s stock valued at $907,000 after acquiring an additional 4,309 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Realty Income

In other Realty Income news, Director Mary Hogan Preusse sold 11,000 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $60.43, for a total value of $664,730.00. Following the completion of the sale, the director owned 19,211 shares of the company’s stock, valued at $1,160,920.73. This trade represents a 36.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by company insiders.

Realty Income Stock Up 1.4%

Shares of NYSE O opened at $57.16 on Wednesday. Realty Income Corporation has a 12-month low of $50.71 and a 12-month high of $61.08. The company has a market cap of $52.58 billion, a P/E ratio of 55.50, a P/E/G ratio of 4.46 and a beta of 0.77. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.72. The stock has a fifty day moving average price of $59.15 and a 200 day moving average price of $57.87.

Realty Income (NYSE:O) last issued its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.01. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the previous year, the firm posted $1.05 earnings per share. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. Research analysts anticipate that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be issued a $0.2695 dividend. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, November 28th. Realty Income’s dividend payout ratio is currently 299.07%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Barclays raised their target price on shares of Realty Income from $59.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Realty Income in a report on Wednesday, October 8th. Scotiabank upped their price objective on Realty Income from $58.00 to $60.00 and gave the stock a “sector perform” rating in a report on Thursday, August 28th. UBS Group increased their target price on Realty Income from $62.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, August 15th. Finally, Royal Bank Of Canada lifted their target price on Realty Income from $60.00 to $61.00 and gave the company an “outperform” rating in a report on Tuesday, November 4th. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $62.33.

Realty Income Company 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.