Nomura Asset Management Co. Ltd. Buys 16,546 Shares of Realty Income Corporation $O

Nomura Asset Management Co. Ltd. lifted its stake in Realty Income Corporation (NYSE:O) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,323,920 shares of the real estate investment trust’s stock after purchasing an additional 16,546 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Realty Income were worth $130,999,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Essex Financial Services Inc. increased its holdings in shares of Realty Income by 7.2% in the fourth quarter. Essex Financial Services Inc. now owns 31,236 shares of the real estate investment trust’s stock valued at $1,761,000 after purchasing an additional 2,097 shares in the last quarter. MUFG Securities EMEA plc increased its holdings in shares of Realty Income by 115.5% in the fourth quarter. MUFG Securities EMEA plc now owns 37,712 shares of the real estate investment trust’s stock valued at $2,126,000 after purchasing an additional 20,212 shares in the last quarter. Edgemoor Investment Advisors Inc. increased its holdings in shares of Realty Income by 6.0% in the fourth quarter. Edgemoor Investment Advisors Inc. now owns 205,392 shares of the real estate investment trust’s stock valued at $11,578,000 after purchasing an additional 11,674 shares in the last quarter. Forsta AP Fonden increased its holdings in shares of Realty Income by 4.9% in the fourth quarter. Forsta AP Fonden now owns 220,600 shares of the real estate investment trust’s stock valued at $12,435,000 after purchasing an additional 10,300 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Realty Income in the fourth quarter valued at approximately $558,775,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Activity at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total transaction of $461,908.00. Following the sale, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. This trade represents a 9.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by insiders.

Realty Income Trading Down 0.6%

Shares of NYSE O opened at $61.31 on Friday. The company’s fifty day moving average is $62.48 and its 200-day moving average is $61.16. The stock has a market cap of $57.17 billion, a price-to-earnings ratio of 50.25, a P/E/G ratio of 4.78 and a beta of 0.75. Realty Income Corporation has a twelve month low of $55.52 and a twelve month high of $67.93. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, topping 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 business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the business posted $1.06 earnings per share. The firm’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. Equities research analysts predict that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a dividend of $0.2705 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Friday, May 29th. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Analyst Ratings Changes

A number of analysts recently weighed in on O shares. Stifel Nicolaus raised their price target on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a report on Wednesday, February 25th. Wall Street Zen raised shares of Realty Income from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Loop Capital set a $69.00 price target on shares of Realty Income in a report on Monday, March 2nd. Finally, Barclays raised their price target on shares of Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $67.35.

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.