World Investment Advisors lifted its position in shares of Realty Income Corporation (NYSE:O – Free Report) by 68.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 220,836 shares of the real estate investment trust’s stock after buying an additional 90,023 shares during the period. World Investment Advisors’ holdings in Realty Income were worth $12,449,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Realty Income by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 149,730,338 shares of the real estate investment trust’s stock worth $9,102,107,000 after purchasing an additional 3,594,127 shares in the last quarter. State Street Corp increased its position in shares of Realty Income by 2.1% during the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock worth $3,831,526,000 after buying an additional 1,295,936 shares during the period. Barclays PLC increased its position in shares of Realty Income by 52.7% during the third quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock worth $166,672,000 after buying an additional 946,815 shares during the period. Aew Capital Management L P boosted its stake in Realty Income by 44.5% during the third quarter. Aew Capital Management L P now owns 2,139,078 shares of the real estate investment trust’s stock worth $130,035,000 after acquiring an additional 658,910 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Realty Income by 5.8% during the second quarter. Raymond James Financial Inc. now owns 12,011,841 shares of the real estate investment trust’s stock worth $692,002,000 after acquiring an additional 654,958 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.
Realty Income Stock Up 0.3%
Shares of NYSE O opened at $62.52 on Wednesday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. Realty Income Corporation has a 52 week low of $54.38 and a 52 week high of $67.93. The firm’s fifty day moving average is $63.30 and its 200 day moving average is $60.83. The company has a market cap of $58.30 billion, a price-to-earnings ratio of 51.24, a PEG ratio of 4.24 and a beta of 0.75.
Realty Income Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be paid a $0.2705 dividend. The ex-dividend date is Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 5.2%. Realty Income’s payout ratio is presently 266.39%.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the stock. Loop Capital set a $69.00 price objective on shares of Realty Income in a research note on Monday, March 2nd. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday. Cantor Fitzgerald raised their price objective on shares of Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Friday, February 27th. Wall Street Zen upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Royal Bank Of Canada lifted their target price on shares of Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Realty Income currently has an average rating of “Hold” and a consensus price target of $67.50.
Get Our Latest Stock Analysis on O
Trending Headlines about Realty Income
Here are the key news stories impacting Realty Income this week:
- Positive Sentiment: Scotiabank turned more constructive on Realty Income (O), boosting its price target to $72 and signaling further upside from current levels. Scotiabank Issues Positive Forecast for Realty Income (NYSE:O) Stock Price
- Positive Sentiment: Freedom Capital upgraded Realty Income (O) to strong-buy, adding to the list of favorable analyst calls after the company’s earnings update. Freedom Broker upgrades Realty Income (O)
- Positive Sentiment: Realty Income’s latest quarterly operating results showed adjusted funds from operations growth and earnings/revenue that were better than expected, reinforcing the REIT’s income-generating profile. Realty Income (O) Announces Operating Results for 3 Months ended March 31, 2026
- Neutral Sentiment: Despite the upgrades, Wall Street’s overall view remains cautious, with analysts’ average rating on Realty Income still sitting at Hold. Realty Income Corporation (NYSE:O) Receives Average Rating of “Hold” from Analysts
Insider Transactions at Realty Income
In related news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider owned 67,641 shares in the company, valued at $4,222,151.22. The trade was a 9.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by insiders.
Realty Income Company Profile
Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.
Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.
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