Realty Income Corporation $O Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its position in shares of Realty Income Corporation (NYSE:O) by 13.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,975,859 shares of the real estate investment trust’s stock after acquiring an additional 464,550 shares during the quarter. Hsbc Holdings PLC’s holdings in Realty Income were worth $224,141,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of O. Stance Capital LLC purchased a new position in Realty Income in the 3rd quarter valued at approximately $27,000. EFG International AG acquired a new position in Realty Income during the fourth quarter worth $26,000. Evolution Wealth Management Inc. boosted its position in Realty Income by 257.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC purchased a new stake in Realty Income during the fourth quarter worth $29,000. Finally, Ameriflex Group Inc. grew its holdings in Realty Income by 68.7% in the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 215 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on O. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. Mizuho decreased their price objective on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Cantor Fitzgerald raised their target price on shares of Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Friday, February 27th. Evercore restated a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th. Finally, Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One investment 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 stock. According to MarketBeat, Realty Income currently has a consensus rating of “Hold” and a consensus price target of $66.75.

Insider Buying and Selling

In related news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the completion of the transaction, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Realty Income Price Performance

Shares of NYSE:O opened at $60.35 on Friday. The business’s fifty day moving average price is $62.32 and its two-hundred day moving average price is $61.58. The stock has a market cap of $56.27 billion, a PE ratio of 49.46, a price-to-earnings-growth ratio of 4.71 and a beta of 0.72. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. Realty Income Corporation has a one year low of $55.86 and a one year high of $67.93.

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, topping 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 company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter last year, the business posted $1.06 earnings per share. Realty Income’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. On average, analysts forecast that Realty Income Corporation will post 4.44 EPS for the current fiscal year.

Realty Income Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.271 per share. The ex-dividend date is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 5.4%. This is a boost from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio (DPR) is 266.39%.

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.