Banque Cantonale Vaudoise Takes Position in Realty Income Corporation $O

Banque Cantonale Vaudoise purchased a new stake in shares of Realty Income Corporation (NYSE:OFree Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 22,017 shares of the real estate investment trust’s stock, valued at approximately $1,348,000.

Other hedge funds have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co boosted its position in Realty Income by 86.3% in the first quarter. CENTRAL TRUST Co now owns 5,828 shares of the real estate investment trust’s stock valued at $357,000 after buying an additional 2,700 shares in the last quarter. Signal Advisors Wealth LLC grew its stake in shares of Realty Income by 8.9% during the first quarter. Signal Advisors Wealth LLC now owns 17,659 shares of the real estate investment trust’s stock valued at $1,080,000 after purchasing an additional 1,437 shares during the last quarter. SVB Wealth LLC raised its position in Realty Income by 3.5% in the 1st quarter. SVB Wealth LLC now owns 11,306 shares of the real estate investment trust’s stock worth $692,000 after purchasing an additional 383 shares during the last quarter. Novare Capital Management LLC lifted its holdings in Realty Income by 0.8% during the 1st quarter. Novare Capital Management LLC now owns 157,026 shares of the real estate investment trust’s stock worth $9,607,000 after buying an additional 1,189 shares in the last quarter. Finally, LMG Wealth Partners LLC lifted its holdings in Realty Income by 4.5% during the 1st quarter. LMG Wealth Partners LLC now owns 79,759 shares of the real estate investment trust’s stock worth $4,880,000 after buying an additional 3,449 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Insider Buying and Selling at Realty Income

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 transaction of $461,908.00. Following the transaction, the insider owned 67,641 shares in the company, valued at approximately $4,222,151.22. This trade represents a 9.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on O. Wall Street Zen upgraded Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Royal Bank Of Canada upped their target price on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Barclays raised their price target on Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. Jefferies Financial Group started coverage on Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price objective for the company. Finally, Morgan Stanley set a $67.00 target price on shares of Realty Income in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $66.75.

Check Out Our Latest Research Report on Realty Income

Trending Headlines about Realty Income

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Realty Income Trading Up 1.8%

O stock opened at $63.17 on Friday. Realty Income Corporation has a one year low of $55.86 and a one year high of $67.93. The stock has a market cap of $58.90 billion, a price-to-earnings ratio of 51.78, a price-to-earnings-growth ratio of 4.84 and a beta of 0.72. The company has a fifty day moving average price of $62.15 and a two-hundred day moving average price of $61.72. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56.

Realty Income (NYSE:OGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. Realty Income’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.271 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This is a positive change from Realty Income’s previous monthly dividend of $0.27. This represents a c) annualized dividend and a dividend yield of 5.1%. Realty Income’s dividend payout ratio (DPR) is currently 266.39%.

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.

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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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