Realty Income Corporation $O Shares Acquired by Lido Advisors LLC

Lido Advisors LLC lifted its stake in shares of Realty Income Corporation (NYSE:O) by 119.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 124,300 shares of the real estate investment trust’s stock after acquiring an additional 67,557 shares during the quarter. Lido Advisors LLC’s holdings in Realty Income were worth $7,639,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Norges Bank purchased a new stake in Realty Income during the 4th quarter worth about $558,775,000. Morgan Stanley boosted its stake in shares of 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 valued at $1,031,080,000 after buying an additional 3,252,091 shares during the period. Deutsche Bank AG boosted its stake in shares of Realty Income by 45.1% in the 4th quarter. Deutsche Bank AG now owns 4,998,963 shares of the real estate investment trust’s stock valued at $281,792,000 after buying an additional 1,554,726 shares during the period. State Street Corp grew its position in shares of Realty Income by 2.1% during the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock worth $3,831,526,000 after buying an additional 1,295,936 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Realty Income by 8.3% during the fourth quarter. Legal & General Group Plc now owns 10,699,509 shares of the real estate investment trust’s stock worth $603,131,000 after buying an additional 823,489 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Performance

Shares of O opened at $65.59 on Friday. The stock has a market capitalization of $61.16 billion, a P/E ratio of 53.76, a P/E/G ratio of 5.05 and a beta of 0.72. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93. The company’s fifty day moving average is $62.45 and its two-hundred day moving average is $62.70.

Realty Income (NYSE:O) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, sell-side analysts predict that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be paid a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, July 31st. Realty Income’s dividend payout ratio is 266.39%.

Analyst Ratings Changes

A number of brokerages recently issued reports on O. Royal Bank Of Canada lifted their price target on shares of Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Morgan Stanley set a $67.00 target price on Realty Income in a report on Monday, April 27th. UBS Group set a $67.00 price target on Realty Income in a research note on Thursday, June 18th. Jefferies Financial Group started coverage on Realty Income in a report on Monday, June 1st. They set a “buy” rating and a $69.00 price target for the company. Finally, Scotiabank lowered their price objective on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $67.11.

Realty Income News Roundup

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

• Positive Sentiment: Analysts and market commentary continue to frame Realty Income as a reliable income stock, citing its long record of monthly dividends and steady payout growth. Realty Income vs SCHD ETF: Better buy for income investors?
• Positive Sentiment: Investor interest is also being supported by a bullish long-term thesis around Realty Income’s expansion into data centers, which could create a new growth engine for dividend increases over time. Realty Income’s Data Center Bet Could Turbocharge Dividend Growth Over the Next Decade
• Neutral Sentiment: Barclays reiterated a Hold rating on Realty Income, suggesting analysts still see the stock as fairly valued rather than an obvious bargain or sell candidate. Barclays Remains a Hold on Realty Income (O)

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.