Realty Income Corporation $O Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC lifted its stake in Realty Income Corporation (NYSE:O) by 1.6% in the second quarter, HoldingsChannel reports. The firm owned 79,449 shares of the real estate investment trust’s stock after acquiring an additional 1,252 shares during the quarter. Level Four Advisory Services LLC’s holdings in Realty Income were worth $4,577,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA purchased a new position in shares of Realty Income in the 2nd quarter valued at about $25,000. Keystone Global Partners LLC purchased a new stake in shares of Realty Income during the first quarter worth approximately $26,000. Avion Wealth raised its holdings in Realty Income by 142.4% in the second 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. Country Trust Bank lifted its stake in Realty Income by 806.5% in the second quarter. Country Trust Bank now owns 562 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 500 shares during the last quarter. Finally, Hilltop National Bank purchased a new position in Realty Income in the second quarter worth approximately $36,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on O. Evercore ISI began 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 on the stock. UBS Group boosted their target price on shares of Realty Income from $62.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. Royal Bank Of Canada increased their target price on Realty Income from $60.00 to $61.00 and gave the company an “outperform” rating in a report on Tuesday, November 4th. Mizuho raised their price target on Realty Income from $60.00 to $63.00 and gave the company a “neutral” rating in a research note on Thursday, September 11th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $62.15.

Insider Buying and Selling

In other Realty Income news, Director Mary Hogan Preusse sold 11,000 shares of the business’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 completion of the sale, the director 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Realty Income Trading Up 0.7%

NYSE O opened at $57.55 on Friday. The firm’s fifty day moving average price is $58.49 and its 200 day moving average price is $57.85. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $61.08. 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 company has a market capitalization of $52.94 billion, a price-to-earnings ratio of 55.87, a price-to-earnings-growth ratio of 4.46 and a beta of 0.77.

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 company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.35 billion. Realty Income had a net margin of 16.77% and a return on equity of 2.34%. Realty Income’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. On average, sell-side analysts expect that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The company 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 dividend of $0.2695 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) annualized dividend and a yield of 5.6%. Realty Income’s payout ratio is 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.