Resources Management Corp CT ADV Has $2.52 Million Holdings in Realty Income Corporation $O

Resources Management Corp CT ADV grew its stake in Realty Income Corporation (NYSE:OFree Report) by 217.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,739 shares of the real estate investment trust’s stock after buying an additional 30,666 shares during the period. Resources Management Corp CT ADV’s holdings in Realty Income were worth $2,522,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Realty Income by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock worth $8,478,910,000 after buying an additional 684,949 shares during the last quarter. Pensionfund PDN acquired a new stake in shares of Realty Income in the fourth quarter worth about $7,434,000. NEOS Investment Management LLC lifted its position in shares of Realty Income by 73.0% in the third quarter. NEOS Investment Management LLC now owns 169,839 shares of the real estate investment trust’s stock worth $10,279,000 after buying an additional 71,646 shares during the last quarter. Danske Bank A S lifted its position in shares of Realty Income by 20.3% during the 4th quarter. Danske Bank A S now owns 568,121 shares of the real estate investment trust’s stock worth $32,025,000 after purchasing an additional 95,773 shares during the last quarter. Finally, E. Ohman J or Asset Management AB acquired a new position in shares of Realty Income during the 4th quarter worth about $1,766,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Buying and Selling at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was 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 in the company, valued at $4,222,151.22. This trade represents a 9.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by insiders.

Realty Income Price Performance

O stock opened at $62.66 on Monday. The stock has a 50-day moving average price of $62.44 and a two-hundred day moving average price of $61.47. The stock has a market cap of $58.43 billion, a PE ratio of 51.36, a price-to-earnings-growth ratio of 4.91 and a beta of 0.73. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93.

Realty Income (NYSE:OGet Free Report) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The company’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities 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. Stockholders of record on Tuesday, June 30th will be issued a $0.271 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Tuesday, June 30th. This is a positive change from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio is 266.39%.

Wall Street Analyst Weigh In

O has been the topic of several analyst reports. Evercore reiterated a “positive” rating on shares of Realty Income in a research note on Wednesday, February 25th. Wall Street Zen upgraded Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Stifel Nicolaus upped their price objective on Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Barclays upped their price objective on Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 21st. Finally, Loop Capital set a $69.00 price target on Realty Income in a research note on Monday, March 2nd. One equities research 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $67.46.

Check Out Our Latest Analysis on Realty Income

Key Realty Income News

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Realty Income Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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