Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in Realty Income Corporation (NYSE:O – Free Report) by 12.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 723,584 shares of the real estate investment trust’s stock after selling 102,857 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Realty Income were worth $40,816,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stance Capital LLC purchased a new position in Realty Income in the 3rd quarter valued at about $27,000. Strengthening Families & Communities LLC lifted its holdings in Realty Income by 586.1% in the 3rd 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 in the last quarter. Ameriflex Group Inc. lifted its position in Realty Income by 68.7% during the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 215 shares during the period. FNY Investment Advisers LLC lifted its position in Realty Income by 622.2% during the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 560 shares during the period. Finally, Maseco LLP purchased a new position in Realty Income during the fourth quarter worth about $43,000. 70.81% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
O has been the topic of several recent analyst reports. Wall Street Zen upgraded Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Cantor Fitzgerald increased their target price on Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Friday, February 27th. UBS Group increased their target price on Realty Income from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Deutsche Bank Aktiengesellschaft upgraded Realty Income from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a research report on Tuesday, January 20th. Finally, Scotiabank increased their target price on Realty Income from $67.00 to $69.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, March 11th. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $66.61.
Realty Income Stock Performance
Realty Income stock opened at $63.37 on Thursday. The stock’s 50-day moving average is $63.98 and its 200-day moving average is $60.51. The company has a market cap of $59.08 billion, a price-to-earnings ratio of 54.16, a price-to-earnings-growth ratio of 4.33 and a beta of 0.79. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.40 and a quick ratio of 1.40. Realty Income Corporation has a 12 month low of $54.38 and a 12 month high of $67.93.
Realty Income (NYSE:O – Get Free Report) last released its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 EPS for the quarter, hitting analysts’ consensus estimates of $1.08. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The company’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.45 earnings per share for the current year.
Realty Income Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be issued a $0.2705 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Thursday, April 30th. Realty Income’s dividend payout ratio (DPR) is 276.92%.
Insider Activity at Realty Income
In other news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. This trade represents a 9.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by company 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.
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