TD Asset Management Inc Increases Stock Position in Realty Income Corporation $O

TD Asset Management Inc grew its holdings in Realty Income Corporation (NYSE:OFree Report) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 453,766 shares of the real estate investment trust’s stock after purchasing an additional 11,486 shares during the quarter. TD Asset Management Inc’s holdings in Realty Income were worth $25,579,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of O. Stance Capital LLC purchased a new stake in Realty Income in the 3rd quarter valued at approximately $27,000. Evolution Wealth Management Inc. lifted its stake in Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 360 shares in the last quarter. Ameriflex Group Inc. lifted its stake in Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 215 shares in the last quarter. FNY Investment Advisers LLC lifted its stake in Realty Income by 622.2% in the 4th quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 560 shares in the last quarter. Finally, Costello Asset Management INC purchased a new stake in Realty Income in the 4th quarter valued at approximately $37,000. 70.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

O has been the topic of a number of recent research reports. Morgan Stanley set a $67.00 target price on Realty Income in a research note on Monday, April 27th. Royal Bank Of Canada upped their target price on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Evercore reaffirmed a “positive” rating on shares of Realty Income in a research note on Wednesday, February 25th. Loop Capital set a $69.00 target price on Realty Income in a research note on Monday, March 2nd. Finally, UBS Group raised Realty Income to a “hold” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $67.46.

Get Our Latest Analysis on O

Realty Income Trading Up 0.1%

Shares of Realty Income stock opened at $60.90 on Monday. Realty Income Corporation has a fifty-two week low of $55.60 and a fifty-two week high of $67.93. The firm has a market cap of $56.79 billion, a PE ratio of 49.92, a P/E/G ratio of 4.76 and a beta of 0.72. The business’s fifty day moving average is $62.38 and its two-hundred day moving average is $61.30. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:OGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share 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 company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the company posted $1.06 EPS. The business’s revenue for the quarter 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. Analysts anticipate that Realty Income Corporation will post 4.44 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.2705 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, May 29th. Realty Income’s dividend payout ratio is currently 265.57%.

Insider Buying and Selling at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the sale, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. This represents a 9.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.10% of the stock is currently owned by corporate insiders.

Realty Income Company 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.

See Also

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

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