65,318 Shares in Realty Income Corporation $O Purchased by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC purchased a new position in shares of Realty Income Corporation (NYSE:O) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 65,318 shares of the real estate investment trust’s stock, valued at approximately $40,000.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Realty Income in the second quarter valued at approximately $6,997,219,000. State Street Corp grew its stake in Realty Income by 0.8% in the 4th quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust’s stock valued at $3,599,676,000 after acquiring an additional 531,095 shares during the period. Geode Capital Management LLC grew its stake in Realty Income by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock valued at $1,655,991,000 after acquiring an additional 793,100 shares during the period. Bank of America Corp DE increased its holdings in Realty Income by 10.3% in the 2nd quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock worth $1,184,551,000 after acquiring an additional 1,785,859 shares in the last quarter. Finally, Morgan Stanley increased its holdings in Realty Income by 21.6% in the 4th quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock worth $1,031,080,000 after acquiring an additional 3,252,091 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Trading Up 0.3%

Shares of O opened at $61.71 on Friday. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The firm’s fifty day moving average is $63.31 and its two-hundred day moving average is $63.07. The stock has a market cap of $58.39 billion, a PE ratio of 45.04, a price-to-earnings-growth ratio of 4.36 and a beta of 0.71.

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

Realty Income Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.271 dividend. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.3%. Realty Income’s dividend payout ratio is presently 237.23%.

Analysts Set New Price Targets

O has been the subject of a number of research analyst reports. Evercore set a $68.00 price objective on shares of Realty Income in a research report on Friday, August 7th. Huntington began coverage on shares of Realty Income in a research note on Wednesday, July 15th. They set an “outperform” rating and a $70.00 target price for the company. Barclays reduced their price target on shares of Realty Income from $68.00 to $67.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings upgraded Realty Income from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Finally, Royal Bank Of Canada cut their price objective on Realty Income from $71.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $67.36.

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.