PNC Financial Services Group Inc. Has $10.18 Million Stake in Realty Income Corporation $O

PNC Financial Services Group Inc. raised its stake in Realty Income Corporation (NYSE:O) by 14.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 167,450 shares of the real estate investment trust’s stock after buying an additional 21,577 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Realty Income were worth $10,179,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Realty Income by 11.2% in the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 615 shares during the last quarter. Bison Wealth LLC purchased a new stake in Realty Income during the fourth quarter valued at about $571,000. Empowered Funds LLC boosted its holdings in Realty Income by 8.0% in the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock worth $1,041,000 after buying an additional 1,330 shares during the period. Woodline Partners LP boosted its holdings in shares of Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after acquiring an additional 21,603 shares during the period. Finally, Intech Investment Management LLC grew its holdings in Realty Income by 14.9% during the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after buying an additional 3,290 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on O shares. JPMorgan Chase & Co. restated an “underweight” rating and set a $61.00 price target on shares of Realty Income in a research report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft upgraded Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a research report on Tuesday, January 20th. Scotiabank upgraded shares of Realty Income from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $60.00 to $67.00 in a research report on Friday, January 30th. Cantor Fitzgerald dropped their target price on shares of Realty Income from $64.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Realty Income in a research note on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Realty Income has a consensus rating of “Hold” and a consensus target price of $63.21.

Realty Income News Summary

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 Trading Down 2.1%

Shares of O opened at $65.12 on Thursday. Realty Income Corporation has a fifty-two week low of $50.71 and a fifty-two week high of $66.74. The firm has a market cap of $59.90 billion, a price-to-earnings ratio of 60.29, a PEG ratio of 3.93 and a beta of 0.79. The firm has a 50 day moving average price of $59.95 and a 200-day moving average price of $58.98. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.53 and a current ratio of 1.53.

Realty Income Announces Dividend

The firm 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. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date is Friday, February 27th. Realty Income’s dividend payout ratio is presently 300.00%.

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.