Realty Income Corporation $O Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Realty Income Corporation (NYSE:O) by 2.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,136,211 shares of the real estate investment trust’s stock after purchasing an additional 3,624,852 shares during the quarter. Vanguard Group Inc. owned about 15.98% of Realty Income worth $8,418,907,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Norinchukin Bank The boosted its position in shares of Realty Income by 9.7% during the 1st quarter. Norinchukin Bank The now owns 84,968 shares of the real estate investment trust’s stock valued at $4,929,000 after acquiring an additional 7,497 shares during the last quarter. Trust Co. of Vermont raised its stake in Realty Income by 2.7% during the second quarter. Trust Co. of Vermont now owns 262,700 shares of the real estate investment trust’s stock worth $15,134,000 after purchasing an additional 6,885 shares during the period. Victory Capital Management Inc. boosted its holdings in Realty Income by 5.3% in the 1st quarter. Victory Capital Management Inc. now owns 396,798 shares of the real estate investment trust’s stock valued at $23,018,000 after purchasing an additional 19,965 shares during the last quarter. Community Bank of Raymore boosted its holdings in Realty Income by 19.7% in the 1st quarter. Community Bank of Raymore now owns 148,864 shares of the real estate investment trust’s stock valued at $8,636,000 after purchasing an additional 24,467 shares during the last quarter. Finally, Venture Visionary Partners LLC increased its holdings in shares of Realty Income by 6.2% during the 1st quarter. Venture Visionary Partners LLC now owns 142,496 shares of the real estate investment trust’s stock worth $8,266,000 after buying an additional 8,297 shares during the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Realty Income

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 value of $664,730.00. Following the completion of the transaction, the director owned 19,211 shares in the company, valued at $1,160,920.73. The trade was a 36.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

O has been the subject of several analyst reports. Royal Bank Of Canada increased their price objective on Realty Income from $60.00 to $61.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 4th. Cantor Fitzgerald lowered their price target on Realty Income from $64.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Barclays raised their price objective on Realty Income from $59.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Scotiabank upped their target price on shares of 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, Mizuho boosted their price target on shares of Realty Income from $60.00 to $63.00 and gave the company a “neutral” rating in a research note on Thursday, September 11th. Three equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Realty Income has a consensus rating of “Hold” and an average target price of $62.33.

Realty Income Stock Performance

Shares of Realty Income stock opened at $57.35 on Wednesday. The stock has a market capitalization of $52.76 billion, a price-to-earnings ratio of 55.68, a price-to-earnings-growth 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. The business has a 50-day moving average of $58.96 and a 200 day moving average of $57.86. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $61.08.

Realty Income (NYSE:O) last issued its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 prior year, the firm earned $1.05 earnings per share. The business’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, sell-side analysts forecast 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 Monday, December 15th. Shareholders of record on Friday, November 28th will be given a $0.2695 dividend. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Friday, November 28th. Realty Income’s dividend payout ratio (DPR) is currently 299.07%.

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.