Vision Financial Markets LLC Has $69,000 Position in Realty Income Corporation $O

Vision Financial Markets LLC lowered its stake in shares of Realty Income Corporation (NYSE:O) by 89.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,201 shares of the real estate investment trust’s stock after selling 10,299 shares during the period. Vision Financial Markets LLC’s holdings in Realty Income were worth $69,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in O. Compagnie Lombard Odier SCmA acquired a new position in shares of Realty Income during the second quarter worth approximately $25,000. Keystone Global Partners LLC acquired a new stake in shares of Realty Income in the 1st quarter worth about $26,000. Avion Wealth boosted its stake in Realty Income by 142.4% during the 2nd quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 309 shares during the last quarter. Hilltop National Bank bought a new stake in Realty Income during the 2nd quarter worth approximately $36,000. Finally, CBIZ Investment Advisory Services LLC boosted its position in shares of Realty Income by 87.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 649 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 303 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Realty Income news, Director Mary Hogan Preusse sold 11,000 shares of the business’s stock in a transaction 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 transaction, 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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

O has been the subject of a number of recent analyst reports. Evercore ISI initiated coverage on shares of Realty Income in a research report on Wednesday, October 1st. They issued an “in-line” rating and a $62.00 price objective for the company. Mizuho lifted their price target on Realty Income from $60.00 to $63.00 and gave the stock a “neutral” rating in a report on Thursday, September 11th. Barclays lifted their price objective on shares of Realty Income from $59.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. UBS Group increased their price target on Realty Income from $62.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Realty Income in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $62.58.

Realty Income Trading Up 0.7%

NYSE:O opened at $60.38 on Tuesday. The firm has a market capitalization of $55.21 billion, a P/E ratio of 58.63, a P/E/G ratio of 4.58 and a beta of 0.78. Realty Income Corporation has a 52 week low of $50.71 and a 52 week high of $62.11. 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 company has a fifty day moving average of $59.45 and a 200 day moving average of $57.84.

Realty Income (NYSE:O) last issued its quarterly earnings data on Wednesday, August 6th. The real estate investment trust reported $1.05 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.01). Realty Income had a net margin of 16.77% and a return on equity of 2.34%. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same period last year, the company posted $1.07 earnings per share. The business’s revenue was up 5.3% on a year-over-year basis. On average, research analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 31st will be paid a $0.2695 dividend. The ex-dividend date of this dividend is Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 5.4%. Realty Income’s dividend payout ratio (DPR) is presently 313.59%.

Realty Income Profile

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.