Erste Asset Management GmbH Has $7.28 Million Stock Holdings in Realty Income Corporation $O

Erste Asset Management GmbH raised its position in Realty Income Corporation (NYSE:OFree Report) by 1,442.9% in the 4th quarter, HoldingsChannel reports. The fund owned 128,103 shares of the real estate investment trust’s stock after purchasing an additional 119,800 shares during the period. Erste Asset Management GmbH’s holdings in Realty Income were worth $7,278,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Realty Income by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock valued at $8,478,910,000 after acquiring an additional 684,949 shares in the last quarter. State Street Corp raised its holdings in Realty Income by 2.1% in the 3rd quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock valued at $3,831,526,000 after acquiring an additional 1,295,936 shares in the last quarter. Geode Capital Management LLC raised its holdings in Realty Income by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock valued at $1,655,991,000 after acquiring an additional 793,100 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Realty Income by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 12,671,171 shares of the real estate investment trust’s stock valued at $770,273,000 after acquiring an additional 433,602 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Realty Income by 1.5% in the 3rd quarter. Raymond James Financial Inc. now owns 12,186,943 shares of the real estate investment trust’s stock valued at $740,844,000 after acquiring an additional 175,102 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Activity

In other news, insider Michelle Bushore sold 7,400 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the completion of the transaction, the insider directly owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This represents a 9.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Realty Income Trading Down 1.3%

Shares of O opened at $60.03 on Tuesday. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $62.38 and a 200-day simple moving average of $61.32. The stock has a market cap of $55.98 billion, a PE ratio of 49.21, a PEG ratio of 4.76 and a beta of 0.73.

Realty Income (NYSE:OGet Free Report) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) 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 business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the prior year, the firm posted $1.06 EPS. Realty Income’s quarterly revenue 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. On average, sell-side analysts predict that Realty Income Corporation will post 4.44 EPS for the current fiscal year.

Realty Income Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a $0.2705 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. Realty Income’s dividend payout ratio is presently 266.39%.

Wall Street Analyst Weigh In

Several research firms have commented on O. UBS Group raised Realty Income to a “hold” rating in a report on Monday, June 1st. Evercore reaffirmed a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Wall Street Zen raised Realty Income from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Jefferies Financial Group began coverage on Realty Income in a report on Monday, June 1st. They issued a “buy” rating and a $69.00 price target for the company. One equities research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $67.46.

Check Out Our Latest Stock Analysis on O

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.

Further Reading

Want to see what other hedge funds are holding O? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Corporation (NYSE:OFree Report).

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

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