WCG Wealth Advisors LLC Invests $671,000 in Realty Income Corporation $O

WCG Wealth Advisors LLC purchased a new position in shares of Realty Income Corporation (NYSE:O) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,901 shares of the real estate investment trust’s stock, valued at approximately $671,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Patrick M Sweeney & Associates Inc. grew its stake in shares of Realty Income by 4.5% during the 4th quarter. Patrick M Sweeney & Associates Inc. now owns 3,801 shares of the real estate investment trust’s stock worth $214,000 after acquiring an additional 164 shares during the period. CYBER HORNET ETFs LLC lifted its holdings in Realty Income by 7.4% during the 4th quarter. CYBER HORNET ETFs LLC now owns 2,417 shares of the real estate investment trust’s stock worth $136,000 after purchasing an additional 166 shares in the last quarter. Sage Private Wealth Group LLC lifted its holdings in Realty Income by 2.2% during the 4th quarter. Sage Private Wealth Group LLC now owns 7,844 shares of the real estate investment trust’s stock worth $442,000 after purchasing an additional 170 shares in the last quarter. Trust Investment Advisors lifted its holdings in Realty Income by 0.8% during the 4th quarter. Trust Investment Advisors now owns 23,266 shares of the real estate investment trust’s stock worth $1,311,000 after purchasing an additional 178 shares in the last quarter. Finally, First National Trust Co lifted its holdings in Realty Income by 1.2% during the 4th quarter. First National Trust Co now owns 15,109 shares of the real estate investment trust’s stock worth $852,000 after purchasing an additional 180 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Evercore reissued a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th. Barclays increased their price objective on Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 21st. Jefferies Financial Group assumed coverage on Realty Income in a report on Monday, June 1st. They set a “buy” rating and a $69.00 price objective on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Realty Income in a report on Friday, April 10th. Finally, Mizuho dropped their price objective on Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Realty Income presently has an average rating of “Hold” and an average target price of $67.46.

Realty Income Stock Performance

NYSE:O opened at $60.90 on Friday. The business’s 50-day moving average price is $62.38 and its two-hundred day moving average price is $61.27. Realty Income Corporation has a twelve month low of $55.60 and a twelve month high of $67.93. The stock has a market cap of $56.79 billion, a P/E ratio of 49.92, a PEG ratio of 4.76 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 (NYSE:O) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.03. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter last year, the firm posted $1.06 EPS. The company’s revenue was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities analysts predict that Realty Income Corporation will post 4.44 EPS for the current fiscal year.

Realty Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a dividend of $0.2705 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, May 29th. Realty Income’s dividend payout ratio (DPR) is currently 266.39%.

Insider Buying and Selling at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the firm’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 transaction, the insider directly owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This trade represents a 9.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.10% of the company’s stock.

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.