Mitsubishi UFJ Trust & Banking Corp Has $25.08 Million Stake in Realty Income Corporation $O

Mitsubishi UFJ Trust & Banking Corp increased its stake in Realty Income Corporation (NYSE:O) by 0.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 435,301 shares of the real estate investment trust’s stock after purchasing an additional 2,863 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Realty Income were worth $25,078,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in 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 stake in Realty Income in the 1st quarter valued at approximately $26,000. Avion Wealth lifted its stake in Realty Income by 142.4% in the 2nd quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 309 shares in the last quarter. Hilltop National Bank acquired a new position in Realty Income during the 2nd quarter worth approximately $36,000. Finally, CBIZ Investment Advisory Services LLC boosted its position in Realty Income by 87.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 649 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 303 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Insider Activity at Realty Income

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on O shares. Cantor Fitzgerald cut their price objective on shares of Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Wall Street Zen upgraded shares of Realty Income from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. Royal Bank Of Canada boosted their price target on shares of Realty Income from $60.00 to $61.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 4th. Scotiabank increased their price objective on shares of Realty Income from $58.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Finally, Mizuho lifted their target price on Realty Income from $60.00 to $63.00 and gave the company a “neutral” rating in a research report on Thursday, September 11th. Three analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $62.33.

Realty Income Stock Performance

Shares of O stock opened at $56.77 on Friday. The company has a fifty day moving average price of $59.05 and a two-hundred day moving average price of $57.85. Realty Income Corporation has a one year low of $50.71 and a one year high of $61.08. The stock has a market cap of $52.22 billion, a P/E ratio of 55.11, a P/E/G ratio of 4.46 and a beta of 0.77. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.85 and a quick ratio of 1.85.

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 for the quarter, topping the consensus estimate of $1.07 by $0.01. Realty Income had a net margin of 16.77% and a return on equity of 2.34%. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period in the previous year, the business earned $1.05 EPS. Realty Income’s revenue for the quarter was up 10.5% compared to the same quarter last year. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. As a group, equities analysts predict that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

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

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.