Trust Co. of Vermont Makes New Investment in Realty Income Corporation $O

Trust Co. of Vermont purchased a new position in Realty Income Corporation (NYSE:O) during the second quarter, HoldingsChannel.com reports. The fund purchased 295,938 shares of the real estate investment trust’s stock, valued at approximately $18,336,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. DGS Capital Management LLC grew its position in shares of Realty Income by 4.3% during the 4th quarter. DGS Capital Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 158 shares during the last quarter. Tactive Advisors LLC boosted its stake in Realty Income by 1.8% in the second quarter. Tactive Advisors LLC now owns 9,239 shares of the real estate investment trust’s stock valued at $572,000 after acquiring an additional 163 shares during the period. Patrick M Sweeney & Associates Inc. grew its holdings in shares of Realty Income by 4.5% during the fourth quarter. Patrick M Sweeney & Associates Inc. now owns 3,801 shares of the real estate investment trust’s stock valued at $214,000 after purchasing an additional 164 shares during the last quarter. CYBER HORNET ETFs LLC grew its holdings in shares of Realty Income by 7.4% during the fourth quarter. CYBER HORNET ETFs LLC now owns 2,417 shares of the real estate investment trust’s stock valued at $136,000 after purchasing an additional 166 shares during the last quarter. Finally, Sage Private Wealth Group LLC grew its holdings in shares of Realty Income by 2.2% during the fourth quarter. Sage Private Wealth Group LLC now owns 7,844 shares of the real estate investment trust’s stock valued at $442,000 after purchasing an additional 170 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on O shares. Scotiabank cut their price target on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. UBS Group set a $67.00 price objective on Realty Income in a research note on Thursday, June 18th. Stifel Nicolaus set a $70.75 target price on Realty Income in a research report on Tuesday, June 30th. Robert W. Baird raised their target price on Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a research note on Monday, July 6th. Finally, Jefferies Financial Group assumed coverage on Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.42.

Realty Income Stock Down 0.4%

Shares of Realty Income stock opened at $62.46 on Tuesday. The business’s fifty day moving average price is $63.12 and its two-hundred day moving average price is $63.11. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The company has a market capitalization of $59.10 billion, a P/E ratio of 45.59, a PEG ratio of 4.46 and a beta of 0.71. Realty Income Corporation has a 1-year low of $55.86 and a 1-year high of $67.93.

Realty Income (NYSE:O) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the prior year, the business posted $1.05 earnings per share. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, research analysts forecast that Realty Income Corporation will post 4.43 EPS for the current year.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were issued a $0.271 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) annualized dividend and a yield of 5.2%. Realty Income’s dividend payout ratio is presently 237.23%.

Realty Income 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.