Canada Pension Plan Investment Board Invests $64.71 Million in Realty Income Corporation $O

Canada Pension Plan Investment Board purchased a new position in shares of Realty Income Corporation (NYSE:OFree Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,044,354 shares of the real estate investment trust’s stock, valued at approximately $64,708,000. Canada Pension Plan Investment Board owned about 0.11% of Realty Income at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of O. DGS Capital Management LLC boosted its stake in Realty Income by 4.3% in the fourth quarter. DGS Capital Management LLC now owns 3,836 shares of the real estate investment trust’s stock worth $216,000 after purchasing an additional 158 shares in the last quarter. Tactive Advisors LLC increased its stake in shares of Realty Income by 1.8% in the second quarter. Tactive Advisors LLC now owns 9,239 shares of the real estate investment trust’s stock valued at $572,000 after buying an additional 163 shares in the last quarter. Patrick M Sweeney & Associates Inc. raised its holdings in shares of Realty Income by 4.5% in the fourth quarter. Patrick M Sweeney & Associates Inc. now owns 3,801 shares of the real estate investment trust’s stock valued at $214,000 after buying an additional 164 shares during the last quarter. CYBER HORNET ETFs LLC raised its holdings in shares of Realty Income by 7.4% in the fourth quarter. CYBER HORNET ETFs LLC now owns 2,417 shares of the real estate investment trust’s stock valued at $136,000 after buying an additional 166 shares during the last quarter. Finally, First National Trust Co lifted its position in Realty Income by 1.2% during the 4th quarter. First National Trust Co now owns 15,109 shares of the real estate investment trust’s stock worth $852,000 after buying an additional 180 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

More Realty Income News

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

  • Positive Sentiment: Analysts continue to view Realty Income as a durable income investment. Rising adjusted funds from operations (AFFO), high occupancy and expansion into data centers are cited as support for the company’s ability to maintain and gradually grow its monthly dividend. Realty Income’s Dividend Growth Stays Durable: Should You Buy or Hold?
  • Positive Sentiment: Several articles emphasize Realty Income’s appeal as a long-term, monthly income vehicle, with one suggesting that options writing could enhance shareholder income. The company’s broad property portfolio and established dividend history remain key attractions for income-focused investors. Realty Income: Long-Term Income Name Enhanced Via Options Writing
  • Positive Sentiment: Other coverage presents Realty Income as a leading REIT for dependable retirement cash flow and highlights the tax advantages of holding dividend-producing assets in a Roth account. These articles may reinforce demand from yield-oriented investors, although they do not represent new company-specific developments. Realty Income: The Best REIT To Own
  • Neutral Sentiment: Coverage of Realty Income’s monthly dividend illustrates the cash flow generated by a $30,000 investment. The analysis supports the stock’s income appeal but is primarily educational and does not introduce a change to Realty Income’s fundamentals. Realty Income Pays a Monthly Dividend
  • Negative Sentiment: More cautious analysis argues that Realty Income’s business expansion has not yet accelerated growth, while another warns that bullish investors may be overlooking a valuation that is difficult to justify without faster earnings and dividend growth. These concerns likely weigh on the stock despite its defensive income characteristics. Realty Income: Business Expansion Has Not Accelerated Growth
  • Negative Sentiment: A comparison article favors VICI Properties over Realty Income for potential five-year performance, suggesting that investors seeking higher growth may find better opportunities elsewhere. This competitive framing adds pressure to Realty Income’s share-price outlook, even though it does not signal deterioration in the company’s current operations. Prediction: This High-Yield Dividend Stock Will Outperform Realty Income

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings upgraded shares of Realty Income from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Stifel Nicolaus set a $70.75 price target on shares of Realty Income in a research note on Tuesday, June 30th. Jefferies Financial Group began coverage on shares of Realty Income in a report on Monday, June 1st. They issued a “buy” rating and a $69.00 price target for the company. Finally, Robert W. Baird boosted their price objective on shares of Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Realty Income has an average rating of “Moderate Buy” and an average target price of $67.42.

Check Out Our Latest Stock Analysis on Realty Income

Realty Income Price Performance

Realty Income stock opened at $61.80 on Friday. The business’s 50-day simple moving average is $63.28 and its 200 day simple moving average is $63.17. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The stock has a market cap of $58.48 billion, a price-to-earnings ratio of 45.11, a P/E/G ratio of 4.42 and a beta of 0.71. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93.

Realty Income (NYSE:OGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, hitting the consensus estimate of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the business posted $1.05 EPS. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, research analysts anticipate that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Monday, August 31st. Realty Income’s payout ratio is 237.23%.

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

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