Diversify Wealth Management LLC Raises Holdings in Realty Income Corporation $O

Diversify Wealth Management LLC increased its stake in shares of Realty Income Corporation (NYSE:O) by 53.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,406 shares of the real estate investment trust’s stock after acquiring an additional 28,085 shares during the period. Diversify Wealth Management LLC’s holdings in Realty Income were worth $5,089,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Realty Income by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock valued at $8,478,910,000 after buying an additional 684,949 shares during the period. Pensionfund PDN purchased a new position in Realty Income in the fourth quarter valued at $7,434,000. Danske Bank A S raised its position in shares of Realty Income by 20.3% in the fourth quarter. Danske Bank A S now owns 568,121 shares of the real estate investment trust’s stock worth $32,025,000 after acquiring an additional 95,773 shares during the period. LDR Capital Management LLC raised its position in shares of Realty Income by 117.6% in the fourth quarter. LDR Capital Management LLC now owns 29,285 shares of the real estate investment trust’s stock worth $1,651,000 after acquiring an additional 15,825 shares during the period. Finally, Sound Income Strategies LLC raised its position in shares of Realty Income by 8.2% in the fourth quarter. Sound Income Strategies LLC now owns 352,918 shares of the real estate investment trust’s stock worth $21,676,000 after acquiring an additional 26,890 shares during the period. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

O has been the topic of a number of analyst reports. Mizuho dropped their target price on Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. UBS Group set a $67.00 price target on Realty Income in a report on Thursday, June 18th. Morgan Stanley set a $67.00 price target on Realty Income in a research report on Monday, April 27th. Barclays raised their price objective on Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. Finally, Stifel Nicolaus set a $70.75 price objective on Realty Income in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Realty Income presently has a consensus rating of “Hold” and a consensus target price of $66.65.

Realty Income Stock Up 0.0%

Shares of NYSE O opened at $63.34 on Monday. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93. The stock has a market cap of $59.06 billion, a PE ratio of 51.92, a P/E/G ratio of 4.94 and a beta of 0.72. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The company has a 50-day moving average of $61.99 and a 200 day moving average of $62.17.

Realty Income (NYSE:O) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the firm earned $1.06 EPS. Realty Income’s quarterly revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, sell-side analysts predict 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, August 14th. Investors of record on Friday, July 31st will be issued a $0.271 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Friday, July 31st. Realty Income’s dividend payout ratio (DPR) is currently 266.39%.

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.