Metis Global Partners LLC lifted its position in shares of Realty Income Corporation (NYSE:O – Free Report) by 5.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 246,826 shares of the real estate investment trust’s stock after buying an additional 12,675 shares during the period. Metis Global Partners LLC’s holdings in Realty Income were worth $13,914,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Stance Capital LLC purchased a new stake in shares of Realty Income during the 3rd quarter worth approximately $27,000. Evolution Wealth Management Inc. boosted its stake in shares of Realty Income by 257.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 360 shares in the last quarter. Ameriflex Group Inc. boosted its stake in shares of Realty Income by 68.7% during the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 215 shares in the last quarter. FNY Investment Advisers LLC boosted its stake in shares of Realty Income by 622.2% during the 4th quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 560 shares in the last quarter. Finally, Costello Asset Management INC purchased a new stake in shares of Realty Income during the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.
Insider Buying and Selling at Realty Income
In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the 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 transaction, the insider owned 67,641 shares of the company’s stock, valued at $4,222,151.22. This represents a 9.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.10% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
View Our Latest Report on Realty Income
Realty Income Price Performance
O stock opened at $62.23 on Thursday. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The stock’s 50 day moving average price is $62.41 and its 200 day moving average price is $61.39. The firm has a market cap of $58.03 billion, a P/E ratio of 51.00, a PEG ratio of 4.79 and a beta of 0.72.
Realty Income (NYSE:O – Get Free Report) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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 firm 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 earned $1.06 EPS. Realty Income’s revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, sell-side analysts expect that Realty Income Corporation will post 4.44 earnings per share for the current fiscal year.
Realty Income Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.271 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. This is a boost from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio is currently 265.57%.
About Realty Income
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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