Realty Income Corporation $O Stock Position Increased by Danske Bank A S

Danske Bank A S boosted its position in Realty Income Corporation (NYSE:OFree Report) by 20.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 568,121 shares of the real estate investment trust’s stock after purchasing an additional 95,773 shares during the quarter. Danske Bank A S’s holdings in Realty Income were worth $32,025,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. ProShare Advisors LLC lifted its position in shares of Realty Income by 5.3% during the third quarter. ProShare Advisors LLC now owns 3,067,894 shares of the real estate investment trust’s stock worth $186,497,000 after purchasing an additional 155,677 shares in the last quarter. Allied Investment Advisors LLC bought a new stake in Realty Income in the third quarter valued at approximately $10,870,000. Synergy Asset Management LLC increased its stake in Realty Income by 235.9% in the third quarter. Synergy Asset Management LLC now owns 217,820 shares of the real estate investment trust’s stock valued at $12,829,000 after purchasing an additional 152,972 shares in the last quarter. Tectonic Advisors LLC increased its stake in Realty Income by 12.6% in the third quarter. Tectonic Advisors LLC now owns 181,194 shares of the real estate investment trust’s stock valued at $11,015,000 after purchasing an additional 20,249 shares in the last quarter. Finally, J. Safra Sarasin Holding AG bought a new stake in Realty Income in the third quarter valued at approximately $26,175,000. 70.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the completion of the transaction, the insider owned 67,641 shares in the company, valued at $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by company insiders.

Realty Income News Summary

Here are the key news stories impacting Realty Income this week:

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Freedom Capital downgraded shares of Realty Income from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Mizuho upped their target price on shares of Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, March 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft raised shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a research note on Tuesday, January 20th. Finally, Barclays upped their target price on shares of Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 21st. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $66.75.

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Realty Income Stock Down 0.6%

Realty Income stock opened at $63.89 on Friday. The stock has a market capitalization of $59.57 billion, a PE ratio of 54.60, a price-to-earnings-growth ratio of 4.35 and a beta of 0.79. Realty Income Corporation has a twelve month low of $54.38 and a twelve month high of $67.93. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.72. The company has a 50 day moving average of $63.75 and a 200-day moving average of $60.69.

Realty Income (NYSE:OGet Free Report) last released its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share for the quarter, meeting the consensus estimate of $1.08. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, equities research analysts anticipate that Realty Income Corporation will post 4.45 EPS for the current fiscal year.

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be issued a $0.2705 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Thursday, April 30th. Realty Income’s dividend payout ratio is 276.92%.

About Realty Income

(Free Report)

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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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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