Swiss National Bank Has $155.51 Million Stock Position in Realty Income Corporation $O

Swiss National Bank raised its position in Realty Income Corporation (NYSE:O) by 9.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,699,394 shares of the real estate investment trust’s stock after purchasing an additional 230,900 shares during the period. Swiss National Bank’s holdings in Realty Income were worth $155,512,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Moseley Investment Management Inc. raised its position in shares of Realty Income by 1.3% in the 2nd quarter. Moseley Investment Management Inc. now owns 13,565 shares of the real estate investment trust’s stock worth $781,000 after acquiring an additional 175 shares in the last quarter. Castle Rock Wealth Management LLC boosted its position in shares of Realty Income by 0.6% during the 2nd quarter. Castle Rock Wealth Management LLC now owns 27,421 shares of the real estate investment trust’s stock valued at $1,552,000 after purchasing an additional 177 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in Realty Income by 10.7% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,833 shares of the real estate investment trust’s stock worth $106,000 after purchasing an additional 177 shares during the period. Revisor Wealth Management LLC increased its holdings in Realty Income by 2.3% in the second quarter. Revisor Wealth Management LLC now owns 7,935 shares of the real estate investment trust’s stock worth $454,000 after purchasing an additional 178 shares in the last quarter. Finally, Pure Financial Advisors LLC increased its holdings in Realty Income by 3.5% in the second quarter. Pure Financial Advisors LLC now owns 5,519 shares of the real estate investment trust’s stock worth $318,000 after purchasing an additional 185 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Realty Income

In other news, Director Mary Hogan Preusse sold 11,000 shares of Realty Income stock in a transaction 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Realty Income Stock Up 0.6%

O opened at $56.62 on Friday. Realty Income Corporation has a twelve month low of $50.71 and a twelve month high of $61.08. The company’s 50-day moving average price is $58.75 and its two-hundred day moving average price is $57.83. The stock has a market cap of $52.09 billion, a price-to-earnings ratio of 54.97, a PEG ratio of 4.46 and a beta of 0.77. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last posted its quarterly earnings results 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. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.35 billion. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.05 EPS. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. As a group, equities analysts expect that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be issued 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%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on O shares. Royal Bank Of Canada boosted their target price on Realty Income from $60.00 to $61.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Barclays raised their price objective on Realty Income from $59.00 to $63.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Cantor Fitzgerald lowered their target price 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a report on Wednesday. Finally, Scotiabank boosted their price target on shares of Realty Income from $58.00 to $60.00 and gave the company a “sector perform” rating in a research note on Thursday, August 28th. Three research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target 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.