Advisors Preferred LLC Buys Shares of 56,093 Realty Income Corporation $O

Advisors Preferred LLC acquired a new position in shares of Realty Income Corporation (NYSE:O) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 56,093 shares of the real estate investment trust’s stock, valued at approximately $3,242,000.

Several other institutional investors and hedge funds also recently modified their holdings of O. Compagnie Lombard Odier SCmA acquired a new position in shares of Realty Income during the second quarter worth about $25,000. Keystone Global Partners LLC acquired a new position in shares of Realty Income during the first quarter worth about $26,000. Avion Wealth boosted its position in shares of Realty Income by 142.4% during the second quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 309 shares during the period. Hilltop National Bank acquired a new position in shares of Realty Income during the second quarter worth about $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 worth $38,000 after buying an additional 303 shares during the period. 70.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Realty Income in a research report on Wednesday, October 8th. UBS Group increased their price target on Realty Income from $62.00 to $66.00 and gave the company a “buy” rating in a research report on Friday, August 15th. Wolfe Research cut Realty Income from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 14th. Scotiabank increased their price target on Realty Income from $58.00 to $60.00 and gave the company a “sector perform” rating in a research report on Thursday, August 28th. Finally, Barclays increased their price target on Realty Income from $59.00 to $63.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. Three investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Realty Income has a consensus rating of “Hold” and a consensus target price of $62.58.

Realty Income Price Performance

NYSE:O opened at $58.15 on Tuesday. 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 stock’s 50 day moving average price is $59.37 and its two-hundred day moving average price is $57.92. The firm has a market capitalization of $53.17 billion, a price-to-earnings ratio of 56.46, a P/E/G ratio of 4.46 and a beta of 0.78. Realty Income Corporation has a 12-month low of $50.71 and a 12-month high of $61.08.

Realty Income (NYSE:O) last released its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.01. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.35 billion. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company 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 year.

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 31st will be paid a $0.2695 dividend. The ex-dividend date is Friday, October 31st. This represents a c) annualized dividend and a yield of 5.6%. Realty Income’s dividend payout ratio is currently 313.59%.

Insider Transactions at Realty Income

In other Realty Income news, Director Mary Hogan Preusse sold 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total value of $664,730.00. Following the sale, the director owned 19,211 shares in the company, valued at $1,160,920.73. This represents a 36.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by corporate insiders.

Realty Income Company 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.