Cohen & Steers Inc. cut its stake in Realty Income Corporation (NYSE:O – Free Report) by 20.8% in the 4th quarter, Holdings Channel reports. The firm owned 10,050,402 shares of the real estate investment trust’s stock after selling 2,639,967 shares during the period. Realty Income makes up about 1.0% of Cohen & Steers Inc.’s portfolio, making the stock its 27th biggest position. Cohen & Steers Inc.’s holdings in Realty Income were worth $566,591,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Stance Capital LLC bought a new position in shares of Realty Income in the 3rd quarter worth about $27,000. Evolution Wealth Management Inc. increased its stake in shares of 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 worth $28,000 after acquiring an additional 360 shares in the last quarter. Ameriflex Group Inc. increased its stake in shares of Realty Income by 68.7% in 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 increased its stake in shares of 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 worth $36,000 after acquiring an additional 560 shares in the last quarter. Finally, Costello Asset Management INC bought a new position in shares of Realty Income in the 4th quarter worth about $37,000. 70.81% of the stock is currently owned by institutional investors.
Insider Activity at Realty Income
In other news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.10% of the company’s stock.
More Realty Income News
- Positive Sentiment: Realty Income raised its monthly payout again, backed by high occupancy and stronger 2026 AFFO guidance, signaling continued dividend stability. O Raises the Payout: Can the Monthly Dividend Still Win Investors?
- Positive Sentiment: Lower interest rates have improved the case for income REITs like Realty Income, making its 5.3% yield look more appealing to retirees and dividend investors. Realty Income’s 5.3% Yield Is a Steal
- Neutral Sentiment: Realty Income was identified as a trending stock, reflecting heightened investor attention rather than a clear new fundamental catalyst. Realty Income Corporation (O) Is a Trending Stock
- Neutral Sentiment: Broader articles about building dividend income used Realty Income as an example of a monthly payer, but those pieces were mostly educational rather than stock-moving. How to Build $12,000 a Month in Dividend Income
Realty Income Stock Performance
O opened at $62.66 on Friday. The company’s 50 day moving average is $62.44 and its 200 day moving average is $61.44. 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 company has a market cap of $58.43 billion, a price-to-earnings ratio of 51.36, a PEG ratio of 4.84 and a beta of 0.72. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93.
Realty Income (NYSE:O – Get Free Report) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.03. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The firm’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, equities research analysts predict that Realty Income Corporation will post 4.44 EPS for the current year.
Realty Income Increases Dividend
The business also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.271 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. This is a boost from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, June 30th. Realty Income’s payout ratio is presently 266.39%.
Analyst Upgrades and Downgrades
O has been the subject of several research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a research note on Friday, April 10th. Evercore reiterated a “positive” rating on shares of Realty Income in a research note on Wednesday, February 25th. Morgan Stanley set a $67.00 price target on shares of Realty Income in a research note on Monday, April 27th. UBS Group upgraded shares of Realty Income to a “hold” rating in a research note on Monday, June 1st. Finally, Scotiabank restated an “outperform” rating on shares of Realty Income in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Realty Income presently has an average rating of “Hold” and an average price target of $67.46.
Check Out Our Latest Report on O
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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