63,851 Shares in Realty Income Corporation $O Acquired by L & S Advisors Inc

L & S Advisors Inc purchased a new stake in shares of Realty Income Corporation (NYSE:O) in the 3rd quarter, Holdings Channel reports. The fund purchased 63,851 shares of the real estate investment trust’s stock, valued at approximately $3,882,000.

Several other institutional investors and hedge funds have also recently modified their holdings of O. Heartwood Wealth Advisors LLC bought a new stake in shares of Realty Income during the 3rd quarter worth about $29,000. Avion Wealth boosted its holdings in shares of Realty Income by 142.4% during the second quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 309 shares during the period. Strengthening Families & Communities LLC grew its position in shares of Realty Income by 586.1% in the third quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 422 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Realty Income during the second quarter worth approximately $31,000. Finally, Country Trust Bank lifted its holdings in Realty Income by 806.5% during the 2nd quarter. Country Trust Bank now owns 562 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 500 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Realty Income

Here are the key news stories impacting Realty Income this week:

• Positive Sentiment: Declared its 668th consecutive monthly dividend — $0.27 per share payable March 13, record date Feb. 27; reinforces Realty Income’s income reliability and supports yield-focused demand. Realty Income Announces 668th Consecutive Common Stock Monthly Dividend
• Positive Sentiment: Analyst/commentary pieces continue to highlight Realty Income’s monthly-dividend franchise and appeal to income investors searching for yield, which can attract long-term cash flows into the stock. Realty Income: $14 Trillion Market, Monthly Dividends
• Neutral Sentiment: Realty Income is scheduled to report quarterly earnings soon, which increases short-term volatility as investors reprice expectations around rent collections, occupancy and financing costs. Realty Income (O) to Release Quarterly Earnings on Tuesday
• Neutral Sentiment: Sector coverage and “high-yield” stock roundups are driving rotation into REITs broadly; this macro flow can help Realty Income over time but doesn’t guarantee immediate upside. 2 REITs with “Mafioso” Economics Yielding Up to 5.2%
• Neutral Sentiment: Broader articles on dividend-focused investing highlight REITs as yield plays; that sector narrative supports demand but is a macro theme rather than company-specific news. High Yield Revival: 3 Cash-Rich Dividend Payers on Sale
• Negative Sentiment: Analyst downgrade/criticism ahead of earnings — at least one pre-earnings piece cautions that the recent rally was too fast and reduced its rating, which can trigger short-term selling and increased downside risk given the stock’s elevated valuation. Realty Income’s Pre-Earnings Rally Is Too Fast For My Liking (Rating Downgrade)
• Negative Sentiment: Recent market coverage highlighted a near-term pullback in the shares (reported price dip), reflecting profit-taking and the market’s sensitivity to REIT valuations. Realty Income Corp. (O) Stock Dips While Market Gains: Key Facts

Wall Street Analysts Forecast Growth

O has been the topic of a number of research reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $61.00 price objective on shares of Realty Income in a report on Thursday, December 18th. Morgan Stanley boosted their target price on shares of Realty Income from $62.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 24th. Wells Fargo & Company raised their price target on shares of Realty Income from $59.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Barclays lifted their price objective on shares of Realty Income from $63.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 3rd. Finally, Scotiabank upgraded shares of Realty Income from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from $60.00 to $67.00 in a research report on Friday, January 30th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Realty Income presently has an average rating of “Hold” and an average target price of $63.21.

Realty Income Stock Down 2.1%

O stock opened at $65.12 on Thursday. Realty Income Corporation has a 52 week low of $50.71 and a 52 week high of $66.74. The business has a 50-day simple moving average of $59.95 and a 200 day simple moving average of $58.98. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.72. The company has a market cap of $59.90 billion, a PE ratio of 60.29, a price-to-earnings-growth ratio of 3.93 and a beta of 0.79.

Realty Income Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be issued a dividend of $0.27 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, February 27th. Realty Income’s dividend payout ratio is 300.00%.

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.