Deutsche Bank AG Purchases 1,554,726 Shares of Realty Income Corporation $O

Deutsche Bank AG grew its position in Realty Income Corporation (NYSE:O) by 45.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,998,963 shares of the real estate investment trust’s stock after buying an additional 1,554,726 shares during the quarter. Deutsche Bank AG’s holdings in Realty Income were worth $281,792,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of Realty Income by 2.2% in the fourth quarter. LPL Financial LLC now owns 2,634,528 shares of the real estate investment trust’s stock valued at $148,508,000 after purchasing an additional 57,575 shares in the last quarter. Erste Asset Management GmbH lifted its holdings in shares of Realty Income by 1,442.9% in the fourth quarter. Erste Asset Management GmbH now owns 128,103 shares of the real estate investment trust’s stock valued at $7,278,000 after purchasing an additional 119,800 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Realty Income by 1.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 105,936 shares of the real estate investment trust’s stock valued at $5,972,000 after purchasing an additional 1,533 shares in the last quarter. Hilton Head Capital Partners LLC bought a new stake in shares of Realty Income in the fourth quarter valued at about $238,000. Finally, Syon Capital LLC lifted its holdings in shares of Realty Income by 10.4% in the fourth quarter. Syon Capital LLC now owns 3,644 shares of the real estate investment trust’s stock valued at $205,000 after purchasing an additional 344 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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 stock was 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 of the company’s stock, valued at approximately $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is currently owned by company insiders.

Realty Income Price Performance

Shares of NYSE O opened at $62.23 on Thursday. The business’s 50 day moving average price is $62.41 and its two-hundred day moving average price is $61.39. The company has a market cap of $58.03 billion, a PE ratio of 51.00, a price-to-earnings-growth ratio of 4.79 and a beta of 0.72. 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 twelve month low of $55.86 and a twelve month high of $67.93.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate 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 quarter 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. On average, analysts predict that Realty Income Corporation will post 4.44 EPS for the current year.

Realty Income Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. This is a boost from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, June 30th. Realty Income’s dividend payout ratio (DPR) is presently 265.57%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on O. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a report on Friday, April 10th. Royal Bank Of Canada upped their target price on Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Evercore reiterated a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th. UBS Group upgraded Realty Income to a “hold” rating in a report on Monday, June 1st. Finally, Stifel Nicolaus upped their target price on Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $67.46.

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.