Investor s Fiduciary Advisor Network LLC Cuts Stock Holdings in Realty Income Corporation $O

Investor s Fiduciary Advisor Network LLC reduced its stake in Realty Income Corporation (NYSE:O) by 12.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,764 shares of the real estate investment trust’s stock after selling 9,750 shares during the period. Realty Income makes up about 1.4% of Investor s Fiduciary Advisor Network LLC’s holdings, making the stock its 12th largest holding. Investor s Fiduciary Advisor Network LLC’s holdings in Realty Income were worth $4,198,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. EFG International AG purchased a new stake in Realty Income during the 4th quarter worth about $26,000. Dunhill Financial LLC purchased a new position in shares of Realty Income in the 2nd quarter valued at about $27,000. Evolution Wealth Management Inc. boosted its stake in shares of Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 360 shares during the period. Quattro Advisors LLC acquired a new position in shares of Realty Income during the fourth quarter worth about $29,000. Finally, Sankala Group LLC acquired a new position in shares of Realty Income during the fourth quarter worth about $32,000. 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 several analyst reports. Wells Fargo & Company reduced their target price on shares of Realty Income from $65.00 to $64.00 and set an “equal weight” rating on the stock in a report on Tuesday. Stifel Nicolaus set a $70.75 price target on shares of Realty Income in a report on Tuesday, June 30th. UBS Group set a $67.00 price objective on shares of Realty Income in a research report on Thursday, June 18th. Royal Bank Of Canada reduced their price objective on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Finally, Scotiabank decreased their price objective on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.36.

Realty Income Stock Performance

Shares of O opened at $61.71 on Friday. The stock has a 50 day moving average price of $63.31 and a 200 day moving average price of $63.07. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $58.39 billion, a price-to-earnings ratio of 45.04, a price-to-earnings-growth ratio of 4.36 and a beta of 0.71. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93.

Realty Income (NYSE:O) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, hitting the consensus estimate of $1.09. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The company’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Research analysts predict that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.271 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.3%. Realty Income’s payout ratio is 237.23%.

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.