National Pension Service Has $155.41 Million Stock Holdings in Realty Income Corporation $O

National Pension Service grew its stake in Realty Income Corporation (NYSE:O) by 12.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,697,538 shares of the real estate investment trust’s stock after purchasing an additional 292,575 shares during the quarter. National Pension Service owned about 0.30% of Realty Income worth $155,405,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in O. Norinchukin Bank The raised its position in shares of Realty Income by 9.7% during the first quarter. Norinchukin Bank The now owns 84,968 shares of the real estate investment trust’s stock worth $4,929,000 after purchasing an additional 7,497 shares during the period. Trust Co. of Vermont raised its holdings in Realty Income by 2.7% during the 2nd quarter. Trust Co. of Vermont now owns 262,700 shares of the real estate investment trust’s stock worth $15,134,000 after buying an additional 6,885 shares during the period. Victory Capital Management Inc. lifted its stake in Realty Income by 5.3% in the first quarter. Victory Capital Management Inc. now owns 396,798 shares of the real estate investment trust’s stock valued at $23,018,000 after buying an additional 19,965 shares in the last quarter. Community Bank of Raymore boosted its holdings in shares of Realty Income by 19.7% in the first quarter. Community Bank of Raymore now owns 148,864 shares of the real estate investment trust’s stock valued at $8,636,000 after buying an additional 24,467 shares during the period. Finally, Venture Visionary Partners LLC increased its position in shares of Realty Income by 6.2% during the first quarter. Venture Visionary Partners LLC now owns 142,496 shares of the real estate investment trust’s stock worth $8,266,000 after acquiring an additional 8,297 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Price Performance

O stock opened at $56.93 on Thursday. The company’s 50-day moving average price is $59.13 and its two-hundred day moving average price is $57.86. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $61.08. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.72. The firm has a market cap of $52.37 billion, a P/E ratio of 55.28, a P/E/G ratio of 4.46 and a beta of 0.77.

Realty Income (NYSE:O) last announced its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $1.08 EPS for the quarter, beating the consensus estimate of $1.07 by $0.01. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.35 billion. Realty Income had a net margin of 16.77% and a return on equity of 2.34%. The company’s revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.05 earnings per share. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. On average, analysts anticipate that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be given a $0.2695 dividend. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, November 28th. Realty Income’s payout ratio is currently 299.07%.

Insider Activity at Realty Income

In related news, Director Mary Hogan Preusse sold 11,000 shares of Realty Income stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $60.43, for a total transaction of $664,730.00. Following the sale, the director directly owned 19,211 shares of the company’s stock, valued at approximately $1,160,920.73. The trade was a 36.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on O shares. Barclays boosted their price target on Realty Income from $59.00 to $63.00 and gave the company an “equal weight” rating in a report on Monday, October 20th. Mizuho lifted their price objective on shares of Realty Income from $60.00 to $63.00 and gave the company a “neutral” rating in a research report on Thursday, September 11th. UBS Group upped their target price on shares of Realty Income from $62.00 to $66.00 and gave the company a “buy” rating in a report on Friday, August 15th. Royal Bank Of Canada raised their target price on shares of Realty Income from $60.00 to $61.00 and gave the company an “outperform” rating in a research note on Tuesday, November 4th. Finally, Cantor Fitzgerald lowered their price target on Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $62.33.

About Realty Income

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.