Diversify Advisory Services LLC Buys Shares of 85,209 Realty Income Corporation $O

Diversify Advisory Services LLC bought a new stake in Realty Income Corporation (NYSE:OFree Report) in the second quarter, Holdings Channel.com reports. The institutional investor bought 85,209 shares of the real estate investment trust’s stock, valued at approximately $5,581,000.

A number of other hedge funds also recently modified their holdings of the business. Investmark Advisory Group LLC purchased a new position in shares of Realty Income during the second quarter valued at $386,000. Wealthfront Advisers LLC purchased a new stake in Realty Income in the 2nd quarter worth about $17,750,000. Strategic Wealth Advisors LLC purchased a new stake in Realty Income in the 2nd quarter worth about $114,000. First National Bank of Omaha acquired a new stake in Realty Income during the 2nd quarter worth about $615,000. Finally, Meeder Advisory Services Inc. acquired a new stake in Realty Income during the 2nd quarter worth about $900,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Stock Down 0.2%

Shares of Realty Income stock opened at $62.30 on Wednesday. The firm has a market cap of $58.95 billion, a price-to-earnings ratio of 45.47, a P/E/G ratio of 4.46 and a beta of 0.71. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93. The stock has a 50-day simple moving average of $63.14 and a 200-day simple moving average of $63.13.

Realty Income (NYSE:OGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, meeting analysts’ consensus estimates of $1.09. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the business earned $1.05 earnings per share. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, equities research analysts expect that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.271 per share. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Monday, August 31st. Realty Income’s payout ratio is 237.23%.

Trending Headlines about Realty Income

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

  • Positive Sentiment: Monthly dividend reaffirmed: Realty Income declared its 674th consecutive common-stock monthly dividend of $0.2710 per share, payable September 15 to shareholders of record August 31. The annualized payout is $3.252 per share, supporting the stock’s appeal to income investors. Realty Income Announces 674th Consecutive Common Stock Monthly Dividend
  • Positive Sentiment: Long dividend-growth record highlighted: Coverage emphasizes Realty Income’s roughly 31-year streak of dividend increases and an approximately 5.2% yield. Monthly payments and a long history of rising distributions may attract retirees and other investors seeking dependable cash flow. Realty Income Yields 5.2%. Here’s Why the Payout Keeps Growing.
  • Neutral Sentiment: Data-center expansion offers a potential growth avenue: Realty Income is pursuing data-center investments to add scalable growth beyond traditional net-lease properties. The strategy could diversify its portfolio, but its effect on earnings will depend on execution and the pace of development. Realty Income’s Data Center Bet: What Does It Mean for Growth?
  • Negative Sentiment: High Treasury yields remain a headwind: The 10-year Treasury yield is reported at 4.63%, raising competition for Realty Income’s approximately 5.2% yield. A narrow yield premium can reduce demand for interest-rate-sensitive REIT shares and pressure valuations.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on O shares. Morgan Stanley set a $67.00 target price on Realty Income in a report on Monday, April 27th. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Mizuho lowered their price objective on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Jefferies Financial Group assumed coverage on shares of Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 price objective on the stock. Finally, Barclays cut their target price on shares of Realty Income from $68.00 to $67.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $67.42.

View Our Latest Stock Report on O

About Realty Income

(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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