Vision Financial Markets LLC Sells 21,898 Shares of Realty Income Corporation $O

Vision Financial Markets LLC lowered its position in shares of Realty Income Corporation (NYSE:OFree Report) by 94.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,204 shares of the real estate investment trust’s stock after selling 21,898 shares during the quarter. Vision Financial Markets LLC’s holdings in Realty Income were worth $68,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stance Capital LLC acquired a new stake in shares of Realty Income during the third quarter worth $27,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Realty Income during the third quarter worth $29,000. Strengthening Families & Communities LLC grew its stake in shares of Realty Income by 586.1% during the third quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 422 shares during the period. Ameriflex Group Inc. grew its stake in shares of Realty Income by 68.7% during the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 215 shares during the period. Finally, FNY Investment Advisers LLC grew its stake in shares of Realty Income by 622.2% during the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 560 shares during the period. Institutional investors own 70.81% of the company’s stock.

Realty Income Trading Up 0.9%

NYSE:O opened at $62.81 on Thursday. Realty Income Corporation has a fifty-two week low of $50.71 and a fifty-two week high of $67.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.40 and a quick ratio of 1.40. The stock has a market capitalization of $58.57 billion, a PE ratio of 53.69, a price-to-earnings-growth ratio of 4.71 and a beta of 0.79. The business’s 50-day simple moving average is $63.67 and its 200-day simple moving average is $60.24.

Realty Income (NYSE:OGet Free Report) last released its quarterly earnings data 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 business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.Realty Income’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Sell-side analysts expect that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.2705 per share. This is an increase from Realty Income’s previous monthly dividend of $0.27. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Realty Income’s payout ratio is currently 277.78%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on O shares. Freedom Capital cut Realty Income from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Realty Income in a research note on Monday, December 29th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $61.00 price objective on shares of Realty Income in a research note on Thursday, December 18th. Morgan Stanley increased their price target on Realty Income from $62.00 to $65.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 24th. Finally, Mizuho raised their price target on Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 11th. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Realty Income has a consensus rating of “Hold” and a consensus target price of $66.39.

Check Out Our Latest Stock Report on O

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 dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the transaction, the insider directly owned 67,641 shares of the company’s stock, 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 at this hyperlink. 0.10% of the stock is owned by corporate insiders.

Realty Income Company Profile

(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.

Further Reading

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

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