Realty Income Corporation $O Shares Sold by Zions Bancorporation National Association UT

Zions Bancorporation National Association UT trimmed its position in Realty Income Corporation (NYSE:O) by 12.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 108,136 shares of the real estate investment trust’s stock after selling 14,696 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Realty Income were worth $6,096,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Stance Capital LLC acquired a new position in Realty Income in the 3rd quarter valued at about $27,000. Evolution Wealth Management Inc. boosted its holdings in 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 purchasing an additional 360 shares during the last quarter. Ameriflex Group Inc. raised its stake in shares of Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 215 shares during the period. FNY Investment Advisers LLC raised its stake in shares of Realty Income by 622.2% in the 4th quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 560 shares during the period. Finally, Costello Asset Management INC purchased a new stake in shares of Realty Income in the 4th quarter valued at approximately $37,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at $4,222,151.22. This represents a 9.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on O shares. Jefferies Financial Group started coverage on shares of Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 price target on the stock. Loop Capital set a $69.00 price target on shares of Realty Income in a research note on Monday, March 2nd. Scotiabank reissued an “outperform” rating on shares of Realty Income in a research note on Tuesday, May 12th. Royal Bank Of Canada boosted their price target on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Finally, Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $67.46.

Realty Income Price Performance

Shares of O opened at $62.23 on Thursday. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93. The firm’s 50 day moving average price is $62.41 and its 200 day moving average price is $61.39. The company has a market cap of $58.03 billion, a P/E ratio of 51.00, a PEG ratio of 4.79 and a beta of 0.72. 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 announced its 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 net margin of 18.94% and a return on equity of 2.80%. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the firm earned $1.06 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, research analysts forecast that Realty Income Corporation will post 4.44 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.271 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, June 30th. This is an increase from Realty Income’s previous monthly dividend of $0.27. Realty Income’s payout ratio is currently 265.57%.

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.