Realty Income Corporation $O Shares Sold by Macquarie Group Ltd.

Macquarie Group Ltd. lessened its holdings in Realty Income Corporation (NYSE:OFree Report) by 25.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 887,926 shares of the real estate investment trust’s stock after selling 310,551 shares during the period. Macquarie Group Ltd.’s holdings in Realty Income were worth $50,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in O. Norges Bank acquired a new position in Realty Income in the fourth quarter worth $558,775,000. Vanguard Group Inc. boosted its holdings in Realty Income by 2.5% in the third quarter. Vanguard Group Inc. now owns 149,730,338 shares of the real estate investment trust’s stock worth $9,102,107,000 after purchasing an additional 3,594,127 shares during the period. Deutsche Bank AG boosted its holdings in Realty Income by 45.1% in the fourth quarter. Deutsche Bank AG now owns 4,998,963 shares of the real estate investment trust’s stock worth $281,792,000 after purchasing an additional 1,554,726 shares during the period. State Street Corp boosted its holdings in Realty Income by 2.1% in the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock worth $3,831,526,000 after purchasing an additional 1,295,936 shares during the period. Finally, Barclays PLC boosted its holdings in Realty Income by 52.7% in the third quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock worth $166,672,000 after purchasing an additional 946,815 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Key Realty Income News

Here are the key news stories impacting Realty Income this week:

Realty Income Price Performance

Shares of Realty Income stock opened at $62.66 on Friday. 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’s 50-day moving average price is $62.44 and its two-hundred day moving average price is $61.44. Realty Income Corporation has a 52 week low of $55.86 and a 52 week high of $67.93. The stock has a market cap of $58.43 billion, a PE ratio of 51.36, a price-to-earnings-growth ratio of 4.84 and a beta 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 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. Realty Income’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, sell-side analysts anticipate that Realty Income Corporation will post 4.44 EPS for the current fiscal year.

Realty Income Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.271 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Tuesday, June 30th. This is a boost from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio is presently 266.39%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on O shares. Loop Capital set a $69.00 price target on shares of Realty Income in a report on Monday, March 2nd. Scotiabank reissued an “outperform” rating on shares of Realty Income in a report on Tuesday, May 12th. Royal Bank Of Canada boosted their price target on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Morgan Stanley set a $67.00 price target on shares of Realty Income in a report on Monday, April 27th. Finally, Wall Street Zen raised shares of Realty Income from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Realty Income presently has a consensus rating of “Hold” and an average target price of $67.46.

View Our Latest Research Report on Realty Income

Insider Transactions at Realty Income

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the sale, the insider owned 67,641 shares in the company, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

Realty Income 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.

Featured Stories

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

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