J. Safra Sarasin Holding AG Raises Stock Position in Realty Income Corporation $O

J. Safra Sarasin Holding AG boosted its holdings in shares of Realty Income Corporation (NYSE:O) by 6.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,074,854 shares of the real estate investment trust’s stock after purchasing an additional 60,389 shares during the period. Realty Income comprises approximately 1.1% of J. Safra Sarasin Holding AG’s investment portfolio, making the stock its 25th biggest holding. J. Safra Sarasin Holding AG’s holdings in Realty Income were worth $65,760,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. EFG International AG acquired a new stake in Realty Income during the 4th quarter worth about $26,000. Stance Capital LLC acquired a new position in shares of Realty Income in the 3rd quarter valued at about $27,000. Evolution Wealth Management Inc. lifted its holdings in shares of Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 360 shares during the period. Quattro Advisors LLC purchased a new stake in shares of Realty Income in the fourth quarter worth about $29,000. Finally, Sankala Group LLC purchased a new stake in shares of Realty Income in the fourth quarter worth about $32,000. 70.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on O shares. Stifel Nicolaus set a $70.75 target price on Realty Income in a report on Tuesday, June 30th. Robert W. Baird upped their price objective on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 6th. Jefferies Financial Group started coverage on shares of Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price objective on the stock. Royal Bank Of Canada lifted their target price on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Finally, Morgan Stanley set a $67.00 target price on shares of Realty Income in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $66.65.

Realty Income Stock Up 0.0%

Shares of O opened at $63.34 on Monday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. The stock’s 50 day moving average is $61.99 and its two-hundred day moving average is $62.17. The firm has a market cap of $59.06 billion, a P/E ratio of 51.92, a PEG ratio of 4.94 and a beta of 0.72.

Realty Income (NYSE:O) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Analysts predict that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be issued a $0.271 dividend. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Friday, July 31st. Realty Income’s payout ratio is presently 266.39%.

About Realty Income

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.