HighTower Advisors LLC Grows Stock Position in Realty Income Corporation $O

HighTower Advisors LLC lifted its position in Realty Income Corporation (NYSE:O) by 4.5% during the third quarter, HoldingsChannel.com reports. The fund owned 386,118 shares of the real estate investment trust’s stock after acquiring an additional 16,617 shares during the period. HighTower Advisors LLC’s holdings in Realty Income were worth $23,472,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Realty Income during the 2nd quarter worth $676,500,000. Vanguard Group Inc. lifted its stake in shares of Realty Income by 2.5% in the second quarter. Vanguard Group Inc. now owns 146,136,211 shares of the real estate investment trust’s stock worth $8,418,907,000 after buying an additional 3,624,852 shares in the last quarter. Geode Capital Management LLC boosted its position in Realty Income by 8.3% during the second quarter. Geode Capital Management LLC now owns 26,979,134 shares of the real estate investment trust’s stock worth $1,548,687,000 after acquiring an additional 2,058,031 shares during the last quarter. Schroder Investment Management Group grew its stake in Realty Income by 420.0% during the 2nd quarter. Schroder Investment Management Group now owns 2,139,550 shares of the real estate investment trust’s stock valued at $123,259,000 after acquiring an additional 1,728,082 shares in the last quarter. Finally, ABN Amro Investment Solutions acquired a new stake in Realty Income in the 2nd quarter valued at about $70,939,000. 70.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on O. Deutsche Bank Aktiengesellschaft upgraded Realty Income from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a report on Tuesday, January 20th. Morgan Stanley upped their target price on Realty Income from $62.00 to $65.00 and gave the company an “equal weight” rating in a report on Wednesday, December 24th. Barclays raised their target price on Realty Income from $63.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 3rd. Wells Fargo & Company boosted their price target on shares of Realty Income from $59.00 to $60.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Finally, Cantor Fitzgerald dropped their price objective on shares of Realty Income from $64.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $63.21.

Realty Income Stock Performance

NYSE O opened at $65.12 on Thursday. The stock has a fifty day simple moving average of $59.95 and a 200-day simple moving average of $58.98. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.72. The stock has a market cap of $59.90 billion, a PE ratio of 60.29, a P/E/G ratio of 3.93 and a beta of 0.79. Realty Income Corporation has a twelve month low of $50.71 and a twelve month high of $66.74.

Realty Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a dividend of $0.27 per share. The ex-dividend date is Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. Realty Income’s dividend payout ratio (DPR) is currently 300.00%.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Declared its 668th consecutive monthly dividend — $0.27 per share payable March 13, record date Feb. 27; reinforces Realty Income’s income reliability and supports yield-focused demand. Realty Income Announces 668th Consecutive Common Stock Monthly Dividend
• Positive Sentiment: Analyst/commentary pieces continue to highlight Realty Income’s monthly-dividend franchise and appeal to income investors searching for yield, which can attract long-term cash flows into the stock. Realty Income: $14 Trillion Market, Monthly Dividends
• Neutral Sentiment: Realty Income is scheduled to report quarterly earnings soon, which increases short-term volatility as investors reprice expectations around rent collections, occupancy and financing costs. Realty Income (O) to Release Quarterly Earnings on Tuesday
• Neutral Sentiment: Sector coverage and “high-yield” stock roundups are driving rotation into REITs broadly; this macro flow can help Realty Income over time but doesn’t guarantee immediate upside. 2 REITs with “Mafioso” Economics Yielding Up to 5.2%
• Neutral Sentiment: Broader articles on dividend-focused investing highlight REITs as yield plays; that sector narrative supports demand but is a macro theme rather than company-specific news. High Yield Revival: 3 Cash-Rich Dividend Payers on Sale
• Negative Sentiment: Analyst downgrade/criticism ahead of earnings — at least one pre-earnings piece cautions that the recent rally was too fast and reduced its rating, which can trigger short-term selling and increased downside risk given the stock’s elevated valuation. Realty Income’s Pre-Earnings Rally Is Too Fast For My Liking (Rating Downgrade)
• Negative Sentiment: Recent market coverage highlighted a near-term pullback in the shares (reported price dip), reflecting profit-taking and the market’s sensitivity to REIT valuations. Realty Income Corp. (O) Stock Dips While Market Gains: Key Facts

Realty Income 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.